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): | | December 28, 2005 |
Bell Microproducts Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
| | | |
| California | 0-21528 | 94-3057566 |
_____________________
(State or other jurisdiction | _____________
(Commission | ______________
(I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
| | | |
| 1941 Ringwood Avenue, San Jose, California | | 95131-1721 |
_________________________________
(Address of principal executive offices) | | ___________
(Zip Code) |
| | | |
| Registrant’s telephone number, including area code: | | 408-451-9400 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
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:
[ ] 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))
Item 1.01 Entry into a Material Definitive Agreement.
On December 28, 2005, Bell Microproducts Inc. amended its securitization program with Wachovia Bank, National Association by executing the Amended and Restated Credit and Security Agreement (the "Amended Agreement"). The effect of the Amended Agreement was to increase the maximum principal amount available under the facility from $90 million to $120 million. The Amended Agreement also added PNC Bank, National Association as an additional lender under the facility. The full Amended Agreement is set forth in Exhibit 10.1 hereto and is incorporated into this Report as if fully set forth herein.
Item 9.01 Financial Statements and Exhibits.
(a) Financial statements: None.
(b) Pro forma financial information: None.
(c) Shell company transactions: None.
(d) Exhibits:
10.1 Amended and Restated Credit and Security Agreement dated December 28, 2005 by and among Bell Microproducts Funding Corporation, the Registrant, Variable Funding Capital Company LLC, certain liquidity banks and Wachovia Bank.
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.
| | | | | |
| | | Bell Microproducts Inc. |
| | | | | |
| January 4, 2006 | | By: | | James E. Illson
|
| | | | |
|
| | | | | Name: James E. Illson |
| | | | | Title: Chief Operating Officer, President of Americas and Chief Financial Officer |
Exhibit Index
| | | |
| Exhibit No. | | Description |
| |
|
10.1 | | Amended and Restated Credit and Security Agreement dated December 28, 2005 by and among Bell Microproducts Funding Corporation, the Registrant, Variable Funding Capital Company LLC, certain liquidity banks and Wachovia Bank. |
