Current Report Filing (8-k)
March 23 2023 - 5:13PM
Edgar (US Regulatory)
0001599489
false
0001599489
2023-03-17
2023-03-17
iso4217:USD
xbrli:shares
iso4217:USD
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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):
March 23, 2023 (March 17, 2023)
VERITIV
CORPORATION
(Exact name of registrant as specified in its
charter)
Delaware
(State or other
jurisdiction of incorporation)
001-36479 |
|
46-3234977 |
(Commission File Number) |
|
(I.R.S. Employer Identification No.) |
1000 Abernathy
Road NE |
|
|
Building 400,
Suite 1700 |
|
|
Atlanta,
Georgia |
|
30328 |
(Address of principal executive
offices) |
|
(Zip Code) |
Registrant’s telephone number, including
area code: (770) 391-8200
Not Applicable
(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:
¨ | 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)) |
Securities registered pursuant
to Section 12(b) of the Act:
Title
of each class |
Trading
Symbol(s) |
Name
of each exchange on which registered |
Common
stock, $0.01 par value |
VRTV |
New
York Stock Exchange |
Indicate by check mark whether the registrant is
an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
¨
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 1.01. | Entry into a Material Definitive Agreement. |
On March
17, 2023, Veritiv Corporation (the “Company”) entered into a third amendment (the “Third Amendment”) to its Credit
Agreement dated as of July 1, 2014 among the Company, Veritiv Operating Company and the other borrowers from time to time parties thereto,
the several lenders and financial institutions from time to time parties thereto, Bank of America, N.A., as administrative agent and collateral
agent for the lenders party thereto, and the other parties thereto, which provides for an asset-based lending credit facility in an aggregate
principal amount of up to $1.1 billion, subject to availability under a borrowing base (the “Amended and Restated ABL Facility”).
The Third Amendment, among other things, replaced LIBOR provisions with analogous SOFR provisions. Customary fees are payable in respect
of the Third Amendment.
The Company and
its affiliates may from time to time engage certain of the lenders under the Amended and Restated ABL Facility to provide other banking,
investment banking and financial services.
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.
|
|
VERITIV CORPORATION |
|
|
|
Dated: |
March 23, 2023 |
|
/s/ Susan B. Salyer |
|
|
Susan B. Salyer |
|
|
Senior Vice President, General Counsel & Corporate Secretary |
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