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): May 15, 2001 APW LTD. (Exact name of Registrant as specified in its charter) Bermuda 1-15851 04-2576375 (State or other jurisdiction (Commission File (I.R.S. Employer of incorporation) Number) Identification No.) Clarendon House 2 Church Street P.O Box HM 666 Hamilton HM CX Bermuda N22 W23685 Ridgeview Parkway West Waukesha, Wisconsin 53188-1013 Mailing address: P.O. Box 325, Milwaukee, Wisconsin 53201 (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code:(262) 523-7600 Item 5. Other Events. As of May 15, 2001, APW Ltd. has renegotiated its credit facility agreements, including its Amendment and Restated Multicurrency Credit Agreement, Accounts Receivable Agreement, and Northern U.K. Facility Agreements (collectively the "Credit Facility Agreements"). A copy of the press release, describing the details of the renegotiations and amendments made to the Credit Facility Agreements, is filed as an exhibit to this report. The summaries of the Credit Facility Agreements contained in the press release are qualified by reference to the form of the agreements filed as exhibits to this report. Item 7. Financial Statements and Exhibits. (c) Exhibits: See Exhibit Index following the Signature page of this report, which is incorporated herein by reference. 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, thereunto duly authorized. APW LTD. (Registrant) Date: May 21, 2001 By: /s/ Richard D. Carroll ----------------------------- Richard D. Carroll Vice President and Chief Financial Officer (Duly authorized to sign on behalf of the Registrant) S-1 APW LTD. (the "Registrant") (Commission File No. 1-15851) EXHIBIT INDEX to FORM 8-K CURRENT REPORT Date of Report: May [ ], 2001 Exhibit Filed Number Description Herewith - -------------------------------------------------------------------------------- 4.1 Form of Amended and Restated Multicurrency Credit X Agreementamong APW Ltd., Various Financial Institutions, Bank One N.A., Chase Manhattan Bank and Bank of America, National Association - -------------------------------------------------------------------------------- 4.2 Form of First Amendment to Amended and Restated X Receivables Purchasing Agreement among Applied Power Credit corporation, APW North America, Inc, Barton Capital Corporation and Societe General - -------------------------------------------------------------------------------- 4.3 Form of Warrant and Registration Rights Agreement X (U.S. Banks) - -------------------------------------------------------------------------------- 4.4 Form of Warrant and Registration Rights Agreement X (U.K. Banks) - -------------------------------------------------------------------------------- 4.5 Form of Reaffirmation of Loan Documents X - -------------------------------------------------------------------------------- 4.6 Form of Intercreditor Agreement between Barton X Capitol Corporation, Societe General and Bank of America, National Association - -------------------------------------------------------------------------------- 4.7 Form of Guaranty (U.S. subsidiaries) X - -------------------------------------------------------------------------------- 4.8 Form of Guaranty (U.K. subsidiaries) X - -------------------------------------------------------------------------------- 4.9 Form of Debenture (U.S.) X - -------------------------------------------------------------------------------- 4.10 Form of Debenture (U.K.) X - -------------------------------------------------------------------------------- 4.11 Form of Assignment of Security Interest in United X States Trademarks and Patents among APW Ltd., APW North America, Inc. and Bank of America, National Association - -------------------------------------------------------------------------------- 4.12 Form of Pledge Agreement among APW Ltd., APW North X America, Inc., Rubicon USA Inc. and Bank of American, National Association - -------------------------------------------------------------------------------- 4.13 Form of Amendment to Pledge Agreement X - -------------------------------------------------------------------------------- 4.14 Form of Security Agreement among APW Ltd., APW X North America, Inc., APW Holding Denmark APS and Bank of America, National Association - -------------------------------------------------------------------------------- 4.15 Form of Amendment to Security Agreement X - -------------------------------------------------------------------------------- 4.16 Form of Intercreditor Agreement by and among Bank of X America, NA, various financial institutions, Bank One, NA and Royal Bank of Scotland, PLC - -------------------------------------------------------------------------------- 4.17 Form of Amendment Agreement to the Facility X Agreement between APW Enclosure Products and Systems Limited and The National Westminster Bank plc - -------------------------------------------------------------------------------- S-1 - -------------------------------------------------------------------------------- 4.18 Form of Amendment Agreement to the Facility X Agreement between APW Electronics Group plc, other Borrowers under the Agreement, and The Royal Bank of Scotland plc - -------------------------------------------------------------------------------- 4.19 Form of Security Agreement by and among APW Ltd., X APW North America, Inc., APW Holding Denmark APS and The Royal Bank of Scotland plc - -------------------------------------------------------------------------------- 4.20 Form of Royal Bank of Scotland Guaranty X - -------------------------------------------------------------------------------- 4.21 Form of Assignment of Security interest in United X States Trademarks and Patents among APQ Ltd; APW North America and Royal Bank of Scotland, PLC - -------------------------------------------------------------------------------- 4.22 Form of Pledge Agreement among APW Ltd; APW North X America Inc, APW Holding Demark APS and Royal Bank of Scotland, PLC - -------------------------------------------------------------------------------- 99.1 APW Ltd. Press Release dated May X 16, 2001 - -------------------------------------------------------------------------------- S-2