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
September 2, 2004
Date of Report (Date of earliest event reported)
NICOR INC.
(Exact name of registrant as specified in its charter)
Illinois 1-7297 36-2855175
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification Number)
1844 Ferry Road
Naperville, Illinois 60563-9600
(Address of principal executive offices) (Zip Code)
(630) 305-9500
(Registrant's telephone number, including area code)
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):
[ ] 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))
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Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant
NICOR COMPLETES $900 MILLION SYNDICATED REVOLVING CREDIT FACILITIES
Nicor Inc. announced on Thursday, September 2, 2004 the establishment of two
syndicated revolving credit facilities totaling $900 million to replace an
existing syndicated revolver of $500 million that expires in September 2004 and
a $500 million seasonal revolver that expired in March 2004. The new facilities
consist of a $500 million, 3-year revolver available to Nicor Inc. and Nicor
Gas, the company's gas distribution business, and a $400 million, 210-day
seasonal revolver, expiring in April 2005, available to Nicor Gas. These new
facilities, which serve as backup for the issuance of commercial paper,
accommodate the company's short-term borrowing needs primarily associated with
purchasing natural gas and with supporting storage inventory for delivery to its
customers during the winter.
The credit facilities were arranged by ABN AMRO and JP Morgan Chase and include
a total of 21 lenders.
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Signature
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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.
Nicor Inc.
Date September 2, 2004 /s/ RICHARD L. HAWLEY
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Richard L. Hawley
Executive Vice President and
Chief Financial Officer