- Current report filing (8-K)
16 Julho 2010 - 2:04PM
Edgar (US Regulatory)
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):
July 12, 2010
Hardinge Inc.
(Exact name of Registrant as specified in
its charter)
New York
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000-15760
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16-0470200
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(State or other jurisdiction of
incorporation or organization)
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Commission file number
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(I.R.S. Employer
Identification No.)
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One Hardinge Drive, Elmira, NY 14902
(Address of principal executive offices)
(Zip Code)
(607) 734-2281
(Registrants telephone number including
area code)
N/A
(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:
o
Written communication pursuant to Rule 425
under the Securities Act (17 CFR 230.425)
o
Soliciting material to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
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.
New
Mega International
Commercial Bank Co., Ltd. Credit Facility
On
July 12, 2010, Hardinge Machine Tools
B.V., Taiwan Branch, an indirect wholly owned subsidiary of Hardinge Inc.
incorporated under the laws of the Netherlands, entered into a new unsecured
credit facility with Mega International Commercial Bank Co., Ltd. This new agreement provides a $10.0 million
facility for working capital purposes.
This new credit facility charges interest at the banks current base
rate of 2.5%, which is subject to change by the bank based on market
conditions. It carries no commitment fees on unused funds. This credit facility matures on May 31,
2011. This new agreement replaces a $5.0 million facility with substantially
similar terms.
Item 2.03
Creation of
a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet
Arrangement of a Registrant.
The
information set forth in Item 1.01 above, under the caption New Mega International Commercial Bank Co., Ltd.
Credit Facility, is incorporated herein by reference.
2
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 thereunto
duly authorized.
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HARDINGE
INC.
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Registrant
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Date:
July 16, 2010
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By:
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/S/
EDWARD J. GAIO
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Edward
J. Gaio
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Vice
President and Chief Financial Officer
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(Principal
Financial Officer)
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Date:
July 16, 2010
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By:
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/S/
DOUGLAS J. MALONE
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Douglas
J. Malone
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Corporate
Controller and Chief Accounting Officer
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(Principal Accounting
Officer)
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3
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