UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 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) April 8, 2016

 

 

ALBANY INTERNATIONAL CORP.

(Exact name of registrant as specified in its charter)

 

Delaware 1-10026 14-0462060
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)

 

216 Airport Drive, Rochester, NH 03867
(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code       (518) 445-2200

 

None

(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:

 

¨    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))

 

 

 

   
   

 

 

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Item 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

Item 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION

On April 8, 2016, Albany International Corp. ("the Registrant"), and certain subsidiaries, executed the Fourth Amendment (the “Fourth Amendment”) to the Amended and Restated Note Agreement and Guaranty, dated as of July 16, 2010 (as further amended, supplemented or otherwise modified from time to time, the “Note Agreement”), among the Registrant, the Guarantors named therein, and the holders of Notes from time to time party thereto. The effect of the Fourth Amendment is to substantially conform the financial and other covenants to those set forth in the Registrant’s amended and restated $550 Million Five-Year Revolving Credit Facility Agreement, also entered into on April 8.

A copy of the Fourth Amendment is furnished as an Exhibit to this report. A copy of the Amended and Restated Note Agreement and Guaranty was previously filed as an exhibit to the Registrant's Current Report on Form 8-K filed September 23, 2010. A copy of the First Amendment to the Amended and Restated Note Agreement and Guaranty was previously filed as exhibit to the Registrant’s Current Report on Form 8-K filed February 22, 2012. A copy of the Second Amendment to the Amended and Restated Note Agreement and Guaranty was previously filed as exhibit to the Registrant’s Current Report on Form 8-K filed March 26, 2013. A copy of the Third Amendment to the Amended and Restated Note Agreement and Guaranty was previously filed as exhibit to the Registrant’s Current Report on Form 8-K filed June 24, 2015.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits. The following exhibits are being furnished herewith:

10(k)(xviii) Fourth Amendment, dated as of April 8, 2016.

 
   
   

 

 

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Signature

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.

  ALBANY INTERNATIONAL CORP.
   
 

By: /s/ John B. Cozzolino

Name: John B. Cozzolino

Title: Chief Financial Officer and Treasurer

 

   
 Date: April 8, 2016  

 

 

 
   
   

 

 

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Index to Exhibits

 

 

 

 

  Exhibit No.  Description
  10(k)(xviii) Fourth Amendment, dated as of April 8, 2016