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) September 2, 2005
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Baldwin Technology Company, Inc.
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(Exact Name of Registrant as Specified in Its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
1-9334 13-3258160
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(Commission File Number) (IRS Employer Identification No.)
Two Trap Falls Road, Suite 402, Shelton, CT. 06484
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(Address of Principal Executive Offices) (Zip Code)
203 402 1000
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
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 (see General Instruction A.2. below):
|_| 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
On September 2, 2005, the Company entered into a Second
Amendment and Waiver to Credit Agreement dated as of July 1, 2005 to the Credit
Agreement dated as of July 25, 2003 as amended by the First Amendment dated as
of September 9, 2004 among Baldwin Europe Consolidated B.V., as Borrower,
Baldwin Technology Company, Inc., as Parent, Guarantor and Borrower
Representative, Baldwin Americas Corporation, Baldwin Europe Consolidated Inc.,
Baldwin Asia Pacific Corporation, Baldwin Graphic Systems, Inc., Baldwin Germany
GmbH, Baldwin U.K. Holding Limited, Baldwin (U.K.) Ltd., Acrotec UK Ltd.,
Baldwin Globaltec Ltd., Baldwin Sweden Holding AB, Baldwin IVT AB, Baldwin Jimek
AB, Japan-Baldwin Ltd., as Guarantors, and Maple Bank GmbH, as Lender. Terms
and conditions of the Second Amendment and Waiver to Credit Agreement reduced
interest rates by approximately 175 basis points and reduced the annual fees and
expenses, extended the time period for providing certain financial reports and
waived the termination of the custody agreement in Japan.
A copy of the Second Amendment and Waiver to Credit Agreement
dated as of July 1, 2005 is attached herewith as Exhibit 10.72 and is hereby
incorporated by reference.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
10.72 Second Amendment and Waiver to Credit Agreement among
Baldwin Europe Consolidated B.V., as Borrower, Baldwin
Technology Company, Inc., as Parent, Guarantor and Borrower
Representative, Baldwin Americas Corporation, Baldwin Europe
Consolidated Inc., Baldwin Asia Pacific Corporation, Baldwin
Graphic Systems, Inc., Baldwin Germany GmbH ,Baldwin U.K.
Holding Limited, Baldwin (U.K.) Ltd., Acrotec UK Ltd., Baldwin
Globaltec Ltd., Baldwin Sweden Holding AB, Baldwin IVT AB,
Baldwin Jimek AB, Japan-Baldwin Ltd., as Guarantors, and Maple
Bank GmbH, as Lender, dated as of July 1, 2005 (filed
herewith).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned, hereunto duly authorized.
BALDWIN TECHNOLOGY COMPANY, INC.
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(Registrant)
By: /s/ Leon Richards
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Leon Richards
Controller
(Chief Accounting Officer)
Dated: September 9, 2005