UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 4, 2010
NEWPARK RESOURCES, INC.
(Exact name of registrant as specified in Charter)
Delaware (State or Other Jurisdiction of Incorporation) | 1-2960 (Commission File Number) | 72-1123385 (I.R.S. Employer Identification Number) |
2700 Research Forest Drive, Suite 100
The Woodlands, TX 77381
(Address of Principal Executive Offices)
The Woodlands, TX 77381
(Address of Principal Executive Offices)
Registrant’s telephone number, including area code:(281) 362-6800
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):
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 7.01. Regulation FD Disclosure.
On October 4, 2010, Newpark Resources, Inc. (the “Company”) issued a press release announcing that the Company had closed a registered public offering of $172,500,000 aggregate principal amount of 4.00% Convertible Senior Notes due 2017 (the “Notes”), which included the $150,000,000 aggregate principal amount of Notes previously announced as well as the $22,500,000 aggregate principal amount of additional Notes subject to the underwriters’ exercise of their over-allotment option. The Company intends to use approximately $104 million of the net proceeds from the offering to repay existing indebtedness outstanding under the Company’s revolving and term loan credit facility and the remaining net proceeds for general corporate purposes. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number | Description | |
Exhibit 99.1 | Press Release dated October 4, 2010. |
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 thereunto duly authorized.
NEWPARK RESOURCES, INC. | ||||
Date: October 4, 2010 | /s/ James E. Braun | |||
James E. Braun | ||||
Vice President and Chief Financial Officer (Principal Financial Officer) |
EXHIBIT INDEX
Exhibit Number | Description | |
Exhibit 99.1 | Press Release dated October 4, 2010. |