UNITED STATES 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 (Date of earliest event reported) October 31, 2006
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AIR METHODS CORPORATION
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(Exact name of Registrant as Specified in Its Charter)
Commission file number 0-16079
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Delaware 84-0915893
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(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification Number)
7301 South Peoria, Englewood, Colorado 80112
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code (303) 792-7400
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Former Name, Former Address and Former Fiscal Year, if Changed Since Last
Report: N/A
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
See Item 2.03 below, which is incorporated by reference into this Item.
ITEM 2.03. CREATION OF DIRECT FINANCIAL OBLIGATION
On October 31, 2006, the Company amended its senior revolving credit facility
with PNC Bank, National Association to increase the maximum revolving advance
amount from $35 million to $45 million. The amendment also increased the
limitation on annual capital expenditures, inclusive of leased assets, from $40
million to $50 million. All other terms and conditions of the credit facility
remained unchanged. A copy of Amendment No. 2 to the Amended and Restated Credit
Facility is filed as Exhibit 10.1 to this Form 8-K and incorporated by
reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
The following exhibit is filed as part of this report:
10.1 Amendment No. 2 to Amended and Restated Revolving Credit, Term Loan
and Security Agreement, dated as of October 31, 2006, among Air
Methods Corporation, Rocky Mountain Holdings, L.L.C., Mercy Air
Service, Inc. and LifeNet, Inc. and PNC Bank, National Association,
LaSalle Bank, N.A., and Key Bank, N.A.
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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 thereunto duly authorized.
AIR METHODS CORPORATION
Date: November 3, 2006 By \s\ Trent Carman
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On behalf of the Company, and as
Chief Financial Officer
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