S. Bank National Association, Synovus Financial, and you may 5th Third Bank, since Documentation Representative (new ?
Read the suitable package lower than if for example the Form 8-K filing is meant to concurrently match the filing duty from the fresh registrant not as much as some of the adopting the terms:
On erica, Cash Advance Centers, Inc. (the ?Business?) completed its previously announced merger with Eagle U.S. Merger Sub, Inc., a Delaware corporation (?Merger Sub?) and a wholly-owned subsidiary of Eagle U.S. Sub, Inc., a Delaware corporation (?Mother or father?), whereby Merger Sub merged with and into the Company with the Company continuing as the surviving corporation and wholly-owned subsidiary of Parent (the ?Merger?). Parent is a wholly-owned subsidiary of Grupo Elektra, S.A.B. de C.V. The Merger was effected pursuant to an Agreement and Plan of Merger, dated as of ong the Company, Merger Sub, and Parent, the adoption of which was approved by the Company?s stockholders at a special meeting held on (the ?Special Fulfilling?). The events described below took place in connection with the consummation of the Merger.
In connection with the consummation of the Merger, on , the Company?s $300 million Borrowing from the bank Arrangement, dated as of ong the Company, certain subsidiaries of the Company, Bank of America, N.A., as Syndication Agent, U.Credit Agreement?) was paid in full and terminated.
The materials terms of the credit Contract and relationship that have lenders under the Borrowing from the bank Arrangement, otherwise the affiliates, was described regarding Organization?s Most recent Writeup on Form 8-K, registered , lower than ?Items step 1.01. Entry to your a material Definitive Agreement.? Such as for instance dysfunction are provided herein from the site.
The information set forth regarding the Introductory Note and you can Item 5.01 associated with the Current Summary of Mode 8-K try incorporated here of the reference.
In connection with the consummation of the Merger, on , the Company notified the New York Stock Exchange (the ?NYSE?) that each outstanding share of the Company?s common stock (other than shares owned by the Company, Parent, Merger Sub, or any other indirect or direct subsidiary of Parent, and shares owned by stockholders who are entitled to and properly exercised appraisal rights under Delaware law) were converted automatically into the right to receive $, payable to the holder thereof in cash (the ?Merger Consideration?), without interest, less any amounts required to be withheld under applicable laws, and requested that the NYSE file with the Securities and Exchange Commission (the ?SEC?) an application on Form 25 to delist and deregister the Company?s common stock under Section 12(b) of the Securities Change Act of 1934 (the ?Exchange Act?). The Company has requested that trading of the Company?s common stock be suspended prior to the open of trading on .
Brand new installment and termination of your Credit Arrangement are effected into the contact with the completion of Merger
The business intends to document for the SEC a certificate to your Setting 15, asking for the latest suspension of one’s Business?s reporting financial obligation below Parts 13 and you will fifteen(d) of your Exchange Act.
Effective at the time of the fresh consummation of your own Merger, for every single show of your Organization?s preferred inventory given and you will the instantly ahead of the energetic time of the Merger (besides offers belonging to the firm, Mother, Merger Sandwich, and other indirect otherwise head subsidiary off Moms and dad, and you will offers owned by stockholders that are permitted and you may properly exercised assessment rights around Delaware laws) try converted into the ability to have the Merger Attention, as opposed to attention and you may subject to any necessary withholding off taxes.
The foregoing malfunction of the Merger Idea and commission thereof are only a synopsis that’s licensed within its totality because of the resource fully text message of the Arrangement and you will Package from Merger, which had been recorded towards as the title loans Memphis TN Exhibit dos.1 with the Team?s Latest Review of Mode 8-K.