UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 27, 2016
Azure Midstream Partners, LP
(Exact Name of Registrant as Specified in its Charter)
Delaware | | 001-36018 | | 46-2627595 |
(State or Other Jurisdiction of
Incorporation or Organization) | | (Commission File Number) | | (I.R.S. Employer
Identification Number) |
12377 Merit Drive, Suite 300
Dallas, Texas 75251 | |
(address of principal executive offices) (zip code) | |
(972) 674-5200 | |
(Registrant’s telephone number, including area code) | |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
Limited Duration Waiver Agreement and Amendment No. 6 to Credit Agreement
On September 27, 2016, Azure Midstream Partners, LP, a Delaware limited partnership (the “Partnership”), entered into a Limited Duration Waiver Agreement and Amendment No. 6 to Credit Agreement (the “Sixth Amendment”) with Wells Fargo Bank, National Association, as administrative agent and other lenders (collectively “the Lenders”).
The terms of the Sixth Amendment extend the waiver of certain covenant defaults until October 28, 2016. Borrowing capacity under the Credit Agreement continues to be $173.7 million. The Sixth Amendment also required the Partnership to deliver to the banks, by October 11, 2016, a sale plan and a capital raise plan as described in the Agreement.
The foregoing description of the Sixth Amendment is only a summary, does not purport to be complete and is qualified in its entirety by reference to the Sixth Amendment which is filed as Exhibit 10.1 hereto and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. | | Exhibit Description |
| | |
10.1 | | Limited Duration Waiver Agreement and Amendment No. 6 to Credit Agreement, dated as of September 27, 2016, by and among Azure Midstream Partners, LP, as borrower, the subsidiaries of Azure Midstream Partners, LP, as guarantors, Wells Fargo Bank, National Association, as administrative agent, and the lender parties thereto. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: September 29, 2016 | AZURE MIDSTREAM PARTNERS, LP |
| |
| By: Azure Midstream Partners GP, LLC, |
| the General Partner of Azure Midstream Partners, LP |
| | |
| By: | /s/ Amanda Bush |
| Amanda Bush |
| Chief Financial Officer |
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Exhibit Index
Exhibit No. | | Exhibit Description |
| | |
10.1 | | Limited Duration Waiver Agreement and Amendment No. 6 to Credit Agreement, dated as of September 27, 2016, by and among Azure Midstream Partners, LP, as borrower, the subsidiaries of Azure Midstream Partners, LP, as guarantors, Wells Fargo Bank, National Association, as administrative agent, and the lender parties thereto. |
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