|CIMPRESS N.V. filed this Form 8-K on 01/08/2019|
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
(Exact Name of Registrant as Specified in Its Charter)
Registrant’s telephone number, including area code: 31-77-850-7700
(Former Name or Former Address, if Changed Since Last Report)
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 (§240.12.b-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 January 7, 2019, Cimpress N.V. (“we,” “us,” or “Cimpress”) entered into Amendment No. 2 among Cimpress and four of its subsidiaries, Vistaprint Limited, Cimpress Schweiz GmbH, Vistaprint B.V., and Cimpress USA Incorporated, as borrowers (collectively, the “Borrowers”); the lenders named therein as lenders (the “Lenders”); and JPMorgan Chase Bank N.A., as administrative agent for the Lenders (the “Administrative Agent”) (the “Amendment”), which amends the senior Credit Agreement dated as of October 21, 2011, as amended and restated as of February 8, 2013, and as further amended and restated as of July 13, 2017, among the Borrowers, the lenders named therein as lenders, and the Administrative Agent (the "Credit Agreement").
The Amendment expands the Credit Agreement by an additional $500,000,000.00, bringing the total amount of the credit facility to $1,613,171,879.00, consisting of outstanding term loans in the amount of $525,914,812.55 and revolving loan commitments in the amount of $1,087,257,066.45. Other than the increased amount, the terms and covenants of the Credit Agreement remain unchanged.
We intend to use the proceeds of the incremental term loan to repay a portion of our outstanding revolving loan.
The Amendment is filed as an exhibit to this report. The above description does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, which is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
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.
January 7, 2019 Cimpress N.V.