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): August 2, 2017
GRAYBAR ELECTRIC COMPANY, INC.
(Exact Name of Registrant as specified in Charter)
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New York (State or other jurisdiction of incorporation) | 000-00255 (Commission File Number) | 13-0794380 (I.R.S. Employer Identification No.) |
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34 North Meramec Avenue St. Louis, MO 63105 (Address of Principal Executive Offices) |
Registrant’s telephone number, including area code: (314) 573-9200
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 (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company. [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 1.01 Entry Into a Material Definitive Agreement.
On August 2, 2017, Graybar Electric Company, Inc. (the "Company") entered into an amendment to its private shelf agreement with PGIM, Inc., formerly known as Prudential Investment Management, Inc. ("Prudential"). No notes have been issued under the private shelf agreement.
The amendment extended to August 2, 2020 the Company's potential to issue senior promissory notes under the previously disclosed terms and conditions of the $100,000,000 uncommitted private shelf agreement. Without the amendment, the potential to issue such notes, known as the issuance period, would have ended on September 22, 2017.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
The disclosure set forth above under Item 1.01 is hereby incorporated by reference into this Item 2.03.
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.
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| GRAYBAR ELECTRIC COMPANY, INC. |
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Date: August 2, 2017 | By: /s/ Matthew W. Geekie |
| Matthew W. Geekie |
| Senior Vice President, Secretary & |
| General Counsel |