UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): June 30, 2004
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C&D Technologies, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-9389 13-3314599
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(State or other (Commission file number) (IRS employer
jurisdiction of identification
incorporation) no.)
1400 Union Meeting Road
Blue Bell, Pennsylvania 19422
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (215) 619-2700
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N/A
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(Former name or former address, if changed since last report)
Item 5. Other Events and Required FD Disclosure.
Reference is made to the press release dated June 30, 2004 which is
attached hereto as Exhibit 99.1 and incorporated herein by this reference.
The revolving credit agreement was amended and restated on June 30, 2004 to
increase the credit facility from $100 million to $175 million, extend the
maturity date from November 20, 2006 until June 30, 2009 and permit certain
acquisitions. The facility will also include a $50 million multi-currency
borrowing sublimit. The available interest rates of Prime to Prime plus .50%, or
LIBOR plus 1% to LIBOR plus 2% were changed to Prime to Prime plus .75% or LIBOR
plus 1% to LIBOR plus 2.25%. The rates available within these ranges are subject
to a certain leverage ratio. The agreement includes an accordion feature that
provides an option to increase the credit facility to $200 million, subject to
certain conditions.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
The following exhibit is filed herewith:
Exhibit No. Description
99.1 Press release issued by C&D Technologies, Inc.
(the "Company") dated June 30, 2004
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.
C&D TECHNOLOGIES, INC.
Date: June 30, 2004 By:/s/ Stephen E. Markert, Jr.
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Stephen E. Markert, Jr.,
Vice President - Finance and
Chief Financial Officer
EXHIBIT INDEX
Exhibit
Number Description
99.1 Press release dated June 30, 2004 issued by the Company.