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
OCTOBER 29, 2001
Date of Report (Date of earliest event reported)
DAL-TILE INTERNATIONAL INC.
(Exact name of registrant as specified in its charter)
| Delaware (State or other jurisdiction of incorporation or organization) | 33-64140 (Commission File Number) | 13-3548809 (I.R.S. Employer identification no.) |
7834 Hawn Freeway, Dallas, Texas 75217
(Address of Registrant's Principal Executive Office) (Zip Code)
(214) 398-1411
(Registrant's telephone number, including area code)
| Item 5. | Other Events | |
On October 26, 2001, Dal-Tile International, Inc., a Delaware Corporation, completed a $400 million refinancing of its credit facilities. The transaction includes a $325 million five-year extension of the Company's credit facility, comprised of a $125 million Term Loan A and $200 million revolving credit, and a $75 million accounts receivable securitization. | ||
Item 7. | Financial Statements, Pro Forma Financial Information and Exhibits | |
Financial Statements. | ||
None. | ||
Pro Forma Financial Information. | ||
None. | ||
Exhibits. | ||
10.1 | Receivables Purchase Agreement, dated as of October 26, 2001, among DTSC, Inc.as the Seller and ATLANTIC ASSET SECURITIZATION CORP.as the investor and CREDIT LYONNAIS NEW YORK BRANCHas a bank and CREDIT LYONNAIS NEW YORK BRANCHas the Agent and DAL-TILE CORPORATIONas Collection Agent and Originator. | |
10.2 | Purchase and Contribution Agreement, dated as of October 26, 2001, between DAL-TILE CORPORATIONas Seller and DTSC, INC.as purchaser. | |
10.3 | Parent Undertaking Agreement, dated as of October 26, 2001, made by Dal-Tile International Inc., and Dal-Tile Group Inc., in favor of DTSC, Inc., the Investors and the Banks and Credit Lyonnais New York Branch, as agent for the Investors and the Banks, and their respective successors and assigns. | |
10.4 | Amended and Restated Credit Agreement dated as of October 26, 2001. |
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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.
| DAL-TILE INTERNATIONAL INC. | |||
Date: October 29, 2001 | By: | /s/ W. CHRISTOPHER WELLBORN W. Christopher Wellborn Executive Vice President and Chief Financial Officer | |
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