TPI Composites, Inc. (NASDAQ:TPIC) Files An 8-K Entry into a Material Definitive Agreement
Item1.01
| ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT |
As disclosed in the Original Report, on December30, 2016, the
Company entered into the Amended and Restated Financing Agreement
to which it amended and restated in its entirety the Companys
existing $100.0 million term loan credit facility provided by
Highbridge Principal Strategies, LLC as Administrative Agent and
Collateral Agent and the lenders from time to time party thereto.
| Item2.03 |
CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT |
The information set forth in Item2.02 of the Original Report is
incorporated by reference as if fully set forth herein.
| Item7.01 | REGULATION FD DISCLOSURE |
The information set forth in Item7.01 of the Original Report is
incorporated by reference as if fully set forth herein.
| Item9.01 | FINANCIAL STATEMENTS AND EXHIBITS |
| (d) | Exhibits |
| 10.1* |
Amended and Restated Financing Agreement entered into as of December 30, 2016 by and among the Company, certain of its domestic subsidiaries, HPS Investment Partners, LLC as Administrative Agent and Collateral Agent, Capital One, N.A. as Revolving Loan Representative and the lenders from time to time party thereto |
|
| 10.2** |
Amendment No. 5 to the Financing Agreement, entered into as of December 30, 2016, to the Financing Agreement, dated as of August 19, 2014, by and among the Company, certain of its domestic subsidiaries, HPS Investment Partners, LLC as Administrative Agent and Collateral Agent, Capital One, N.A. as Revolving Loan Representative and the lenders from time to time party thereto |
|
Confidential treatment has been requested for portions of this exhibit. These portions have been omitted from the exhibit to this Current Report on Form8-K and submitted separately to the Securities and Exchange Commission. |
| * | Previously filed. |
| ** | Filed herewith. |
About TPI Composites, Inc. (NASDAQ:TPIC)
TPI Composites, Inc. manufactures composite wind blades. The Company operates through four segments. The United States segment includes the manufacturing of wind blades at its Newton, Iowa plant; the manufacturing of precision molding and assembly systems used for the manufacture of wind blades in its Warren, Rhode Island facility, and the manufacturing of composite solutions for the transportation industry, which it also conducts in its Rhode Island and Massachusetts facilities. The Asia segment includes the manufacturing of wind blades in facilities in Taicang Port, China and two in Dafeng, China; the manufacturing of precision molding and assembly systems in its Taicang City, China facility; the manufacturing of components in its second Taicang Port, China facility, and wind blade inspection and repair services. The Mexico segment manufactures wind blades from a facility in Juarez, Mexico. The Middle East and Africa segment manufactures wind blades from a facility in Izmir, Turkey. TPI Composites, Inc. (NASDAQ:TPIC) Recent Trading Information
TPI Composites, Inc. (NASDAQ:TPIC) closed its last trading session up +0.48 at 18.00 with 145,769 shares trading hands.