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UNITED STATES
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) September 20, 2005
NOVELIS INC.
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(Exact name of registrant as specified in its charter)
CANADA 001-32312
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
3399 Peachtree Road NE, Suite 1500, Atlanta, GA 30326
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (404) 814-4200
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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))
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ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On September 19, 2005, Novelis Inc. entered into an amendment of its Credit
Agreement. The amendment makes a number of technical modifications including the
consent to establish cash pools to improve the efficiency of treasury and
working capital management, and other adjustments to improve access to surplus
cash at the company's global operations. This amendment will also facilitate
continued debt repayment in keeping with Novelis' strategic focus on
de-leveraging the company.
A copy of the amendment is filed as Exhibit Number 10.1.
ITEM 9.01. EXHIBITS
EXHIBIT NO. DESCRIPTION
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10.1 First amendment dated as of September 19, 2005 to the Credit
Agreement dated as of January 7, 2005 among Novelis Inc., Novelis
Corporation, Novelis Deutschland GMBH, Novelis UK Limited,
Novelis AG, the Lenders and Issuers party thereto and Citicorp
North America, Inc. as administrative agent and collateral agent
for the Lenders and the Issuers
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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.
NOVELIS INC.
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(Registrant)
Date: September 20, 2005
/s/ DAVID KENNEDY
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David Kennedy
Secretary
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