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
March 21, 2003
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(Date of earliest event reported)
SAFETY-KLEEN CORP.
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(Exact name of Registrant as specified in its charter)
Delaware 001-8368 51-0228924
(State of (Commission File No.) (IRS Employer
Incorporation) Identification No.
1301 Gervais Street, Suite 300,
Columbia, South Carolina 29201
(Address of principal executive offices, including zip code)
(803) 933-4200
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS
The Company executed the FOURTH AMENDMENT dated as of March 21, 2003 to the
Second Amended and Restated Debtor in Possession Credit Agreement among
SAFETY-KLEEN SERVICES, INC., the financial institutions or entities from time to
time parties thereto, THE TORONTO-DOMINION BANK, HOUSTON AGENCY and TORONTO
DOMINION (TEXAS), INC., as letter of credit issuing banks, TORONTO DOMINION
(TEXAS), INC., as administrative agent and THE CIT GROUP/BUSINESS CREDIT, INC.,
as collateral agent and underwriter initially dated as of June 11, 2000, amended
and restated as of July 19, 2000 and as further amended and restated as of March
22, 2002 and amended by the First Amendment dated as of September 3, 2002, the
Second Amendment dated as of September 6, 2002 and the Third Amendment dated as
of October 24, 2002 (the "Credit Agreement"). The Amendment, among other things,
has the effect of extending the termination date of the Credit Agreement to the
earliest to occur of (a) July 31, 2003, (b) the effective date of a Plan of
Reorganization, and (c) the earlier termination of the Revolving Credit
Commitments in accordance with the terms of the Credit Agreement.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits.
Exhibit No. Description
(4)(a) FOURTH AMENDMENT dated as of March 21, 2003 to the Second Amended and
Restated Debtor in Possession Credit Agreement among SAFETY-KLEEN SERVICES,
INC., the financial institutions or entities from time to time parties thereto,
THE TORONTO-DOMINION BANK, HOUSTON AGENCY and TORONTO DOMINION (TEXAS), INC., as
letter of credit issuing banks, TORONTO DOMINION (TEXAS), INC., as
administrative agent and THE CIT GROUP/BUSINESS CREDIT, INC., as collateral
agent and underwriter initially dated as of June 11, 2000, amended and restated
as of July 19, 2000 and as further amended and restated as of March 22, 2002 and
amended by the First Amendment dated as of September 3, 2002, the Second
Amendment dated as of September 6, 2002 and the Third Amendment dated as of
October 24, 2002.
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.
SAFETY-KLEEN CORP.
Date: March 25, 2003 By: /s/ JAMES K. LEHMAN
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James K. Lehman
Senior Vice President, General Counsel and
Secretary
EXHIBIT INDEX
(4)(a) FOURTH AMENDMENT dated as of March 21, 2003 to the Second Amended and
Restated Debtor in Possession Credit Agreement among SAFETY-KLEEN
SERVICES, INC., the financial institutions or entities from time to
time parties thereto, THE TORONTO-DOMINION BANK, HOUSTON AGENCY and
TORONTO DOMINION (TEXAS), INC., as letter of credit issuing banks,
TORONTO DOMINION (TEXAS), INC., as administrative agent and THE CIT
GROUP/BUSINESS CREDIT, INC., as collateral agent and underwriter
initially dated as of June 11, 2000, amended and restated as of July
19, 2000 and as further amended and restated as of March 22, 2002 and
amended by the First Amendment dated as of September 3, 2002, the
Second Amendment dated as of September 6, 2002 and the Third Amendment
dated as of October 24, 2002.