FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: April 29, 1999 Date of earliest event reported:
April 27, 1999
Dycom Industries, Inc.
(Exact name of Registrant as specified in its charter)
Florida 0-5423 59-1277135
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
4440 PGA Boulevard, Suite 500, Palm Beach Gardens, Florida 33410
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (561) 627-7171
Exhibit Index on Page 3
Item 5. Other Events
On April 29, 1999, Dycom Industries, Inc. (the "Company")
issued a press release announcing that it had entered into a Second Amended and
Restated Credit Facility Agreement (the "Credit Agreement") with a syndicate of
banks led by Dresdner Bank Lateinamerika AG Miami Agency pursuant to which the
Company increased its available financing by $90.25 million and extended the
term of the facility to April 2002. In connection with the Credit Agreement, the
Company and each of its subsidiaries also entered into a Second Amended and
Restated Security Agreement (the "Security Agreement") and a Second Amended and
Restated Guarantee Agreement (the "Guarantee Agreement"), each dated as of April
27, 1999. The press release is included herewith as Exhibit 99(i) and the Credit
Agreement, Security Agreement and Guarantee Agreement are included herewith as
Exhibits 10(i), 10(ii) and 10(iii), respectively.
The backlog of the Company as of January 31, 1999 was $728.6
million. The Company expects to complete approximately 45% of this backlog
during the twelve months following such date. The backlog number and the
other related information was included in Amendment No. 1 to the Registration
Statement on Form S-3 filed by the Company on April 29, 1999 and is included
herein for the purpose of disclosing such information in filings of the Company
made pursuant to the Securities Exchange Act of 1934, as amended.
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EXHIBIT INDEX
Exhibit No. Description
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3(ii) Amended By-Laws of the Company
10(i) Second Amended and Restated
Credit Facility Agreement,
dated as of April 27, 1999.
10(ii) Second Amended and Restated
Security Agreement,
dated as of April 27, 1999.
Similar agreements were
executed by each subsidiary
of Dycom Industries, Inc.
10(iii) Second Amended and Restated
Guarantee Agreement, dated
as of April 27, 1999.
Similar agreements were
executed by each subsidiary
of Dycom Industries, Inc.
99(i) Press release issued April 29, 1999.
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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.
DYCOM INDUSTRIES, INC.
Date: April 29, 1999 By: /s/ Steven Nielsen
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Name: Steven Nielsen
Title: President and Chief Executive
Officer
By: /s/ Douglas J. Betlach
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Name: Douglas J. Betlach
Title: Vice President, Chief
Financial Officer and Treasurer
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