MOOG INC. (NYSE:MOG.A) Files An 8-K Entry into a Material Definitive AgreementItem 1.01
Entry into a Material Definitive Agreement.
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Item 2.03 |
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
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Item 9.01 |
Financial Statements and Exhibits. |
EXHIBIT INDEX
EX-10.1
Item 1.01 Entry into a Material Definitive Agreement.
On October 23, 2017, Moog Inc. (the “Company”) and Moog Receivables LLC, a wholly owned bankruptcy remote special purpose subsidiary of the Company (the “Receivables Subsidiary”) entered into the Ninth Amendment to the Receivables Purchase Agreement, dated October 23, 2017, by and among the Company, as servicer, the Receivables Subsidiary, as seller and PNC Bank, National Association, as issuer and administrator (the “Ninth Amendment to the Receivables Purchase Agreement”).
The Ninth Amendment to the Receivables Purchase Agreement amends the Receivables Purchase Agreement dated as of March 5, 2012, as amended. Among other matters, this amendment increases the borrowing capacity from $120 million to $130 million, extends the maturity of the facility to October 23, 2019 and modifies the Program Fee pricing level.
The above description does not purport to be complete and is qualified in its entirety by reference to the Ninth Amendment to the Receivables Purchase Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The disclosure set forth in Item 1.01 is incorporated in this Item 2.03 by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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10.1 |
NinthAmendment to the Receivables Purchase Agreement, by and among Moog Receivables LLC, as Seller, Moog Inc., as Servicer and PNC Bank, National Association, as Issuer and Administrator. |
MOOG INC. ExhibitEX-10.1 2 ex101-pncmoogx9thamendment.htm EXHIBIT 10.1 Exhibit EXHIBIT 10.1EXECUTION VERSION NINTH AMENDMENT TO THE RECEIVABLES PURCHASE AGREEMENTThis NINTH AMENDMENT TO THE RECEIVABLES PURCHASE AGREEMENT (this “Amendment”),…To view the full exhibit click here
About MOOG INC. (NYSE:MOG.A)
Moog Inc. is a designer, manufacturer and integrator of precision motion and fluid controls and systems for a range of applications in aerospace and defense and industrial markets. The Company has five segments: Aircraft Controls, Space and Defense Controls, Industrial Systems, Components and Medical Devices. Its Aircraft Controls segment designs, manufactures and integrates primary and secondary flight controls for military and commercial aircraft, and provides aftermarket support. Its Space and Defense Controls segment provides controls for satellites, space vehicles, launch vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance and other defense applications. Its Industrial Systems segment serves a global customer base across various markets. Its Components segment offers slip rings, fiber optic rotary joints, motors, sensors and handpieces product line. Its Medical Devices segment focuses on infusion therapy and enteral clinical nutrition.
