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: June 29, 2009
PROVIDENCE AND WORCESTER RAILROAD COMPANY
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(Exact name of registrant as specified in its charter
Rhode Island 0-16704 05-0344399
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(State of incorporation (Commission (IRS Employer Iden-
or organization) File Number) tification No.)
75 Hammond Street, Worcester, Massachusetts 01610
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(address of principal executive offices) (Zip Code)
Registrant's telephone number: 508-755-4000
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N/A
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(Former name or former address, if changed since last report)
ITEM 2.03 Creation of a Direct Financial Obligation or an Obligation under an
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Off-Balance Sheet Arrangement of a Registrant
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On June 25, 2009, Providence and Worcester Railroad Company consummated with
Commerce Bank & Trust Company a $5 Million unsecured line of credit facility
(the "Loan Facility") pursuant to a Promissory Note and a Business Loan
Agreement. The Loan Facility matures on June 25, 2011. No amounts are
outstanding under the Loan Facility as of this date. The Loan Facility replaces
another credit facility in the same amount which matured on May 31, 2009.
Signature
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereto duly authorized.
Providence and Worcester
Railroad Company
By: /s/ Marie A. Angelini
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Marie A. Angelini, Secretary
and General Counsel
Date: June 29, 2009
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