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): October 21, 2005
TITAN INTERNATIONAL, INC.
(Exact name of Registrant as specified in its Charter)
Illinois | 1-12936 | 36-3228472 |
| (State of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
2701 Spruce Street, Quincy, IL 62301
(Address of principal executive offices, including Zip Code)
(217) 228-6011
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filling is intended to simultaneously satisfy the filing obligations 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))
INFORMATION TO BE INCLUDED IN THIS REPORT
Item 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On October 21, 2005, Titan International, Inc. amended its revolving credit facility with LaSalle Bank National Association. The amendment increased the revolving loan availability from $100 million to $200 million. The increase in the revolving loan availability over $100 million is only available for the Goodyear acquisition or other lender approved acquisitions. The amendment also changed the termination date to October 2008 (previously July 2007) and removed General Electric Capital Corporation as a participant.
Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
| | 10 | Second amendment to credit agreement dated as of October 21, 2005, among Titan International, Inc. and LaSalle Bank National Association. |
SIGNATURE
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.
| | TITAN INTERNATIONAL, INC. |
| | (Registrant) |
Date: | October 24, 2005 | By: | /s/ Kent W. Hackamack |
| | | | Kent W. Hackamack |
| | | | Vice President of Finance and Treasurer |
| | | | (Principal Financial Officer and |
| | | | Principal Accounting Officer) |
EXHIBIT INDEX
| Exhibit No. | Description |
| | |
10 | Second amendment to credit agreement dated as of October 21, 2005, among Titan International, Inc. and LaSalle Bank National Association. |
