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): January 6, 2003
SL Industries, Inc.
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(Exact Name of Registrant as Specified in Charter)
New Jersey 1-4987 21-0682685
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
520 Fellowship Road, Suite A114
Mount Laurel, New Jersey 08054
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(Address of Principal Executive Offices and Zip Code)
(856) 727-1500
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(Registrant's telephone number, including area code)
N/A
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events.
On January 7, 2003, SL Industries, Inc. refinanced its former
revolving credit facility with a three-year senior secured credit facility with
LaSalle Business Credit LLC.
On January 6, 2003, SL Industries, Inc. sold its German subsidiary,
Elektro-Metall Export GmbH ("EME") for a purchase price of $11.6 million, which
consisted of cash, purchaser notes and assumption of bank debt.
For additional information, reference is made to the press release
attached hereto as Exhibit 99.1 and incorporated herein by reference.
Exhibit Number Description
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99.1 Press Release dated January 8, 2003.
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.
SL Industries, Inc.
Date: January 8, 2003 By: /s/ David R. Nuzzo
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David R. Nuzzo
Vice President Finance and
Administration
Exhibit Index
Exhibit Number Description
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99.1 Press Release dated January 8, 2003.
SL Industries Inactive
Filed: 8 Jan 03, 12:00am