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 15, 2009
AXA FINANCIAL, INC.
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(Exact name of Registrant as specified in its charter)
Delaware 1-11166 13-3623351
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(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) Identification No.)
1290 Avenue of the Americas
New York, New York 10104
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(Address of principal executive offices) (Zip Code)
(212) 554-1234
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(Registrant's telephone number, including area code)
None
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(Former name or 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 (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))
Item 1.01 Entry into a Material Definitive Agreement.
On December 15, 2009, the Registrant, the Registrant's parent, AXA, and AXA
Financial (Bermuda) Ltd., a wholly owned subsidiary of the Registrant entered
into a new credit agreement (the "Credit Agreement") with certain major European
lending institutions.
The Credit Agreement provides for an unsecured revolving credit facility in the
amount of (Euro)1,400,000,000 (or its equivalent in Optional Currencies). The
obligations of the Registrant and AXA Financial (Bermuda) Ltd. Are guaranteed by
AXA. Amounts under the Credit Agreement may be borrowed for general corporate
purposes until its maturity date, the fifth anniversary of the closing date of
the Credit Agreement. The rate on interest on each loan for each interest period
is the percentage rate per annum, which is equal to the aggregate of the
applicable Margin, LIBOR or, in relation to any Loan in euro, EURIBOR; and
Mandatory Cost, if any (each as defined in the Credit Agreement)
The Credit Agreement contains customary representations and warranties,
covenants and conditions precedent to borrowing. The Credit Agreement also
contains customary events of default. Upon the occurrence of an event of
default, all outstanding borrowings under the Credit Agreement may be
accelerated and become immediately due and payable.
Certain of the lenders under the Credit Agreement and their affiliates have
performed and/or may in the future perform various commercial banking,
investment banking and other financial advisory services for the Registrant, AXA
and its affiliates for which they have received and/or will receive customary
fees and expenses. In addition, the Registrant and some of its subsidiaries
have entered into derivative arrangements with certain of the lenders and their
affiliates.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
The information related to the Credit Agreement discussed under Item 1.01 above
is hereby incorporated by reference under this Item 2.03.
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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.
AXA FINANCIAL, INC.
Date: December 18, 2009 By: /s/ Dave Hattem
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Name: Dave Hattem
Title: Senior Vice President and
Deputy General Counsel
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