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) March 8, 2010
Park-Ohio Holdings Corp.
(Exact Name of Registrant as Specified in Charter)
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Ohio
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000-03134
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34-1867219 |
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.) |
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6065 Parkland Blvd., Cleveland, Ohio
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44124 |
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(Address of Principal Executive Offices)
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(Zip Code) |
Registrants telephone number, including area code: (440) 947-2000
Park-Ohio Industries, Inc.
(Exact Name of Registrant as Specified in Charter)
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Ohio
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333-43005
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34-6520107 |
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.) |
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6065 Parkland Blvd., Cleveland, Ohio
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44124 |
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(Address of Principal Executive Offices)
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(Zip Code) |
Registrants telephone number, including area code: (440) 947-2000
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 communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant 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.
On March 8, 2010, Park-Ohio Industries, Inc. (the Company), a wholly-owned subsidiary of
Park-Ohio Holdings Corp., the other loan parties thereto, the lenders party thereto and JPMorgan
Chase Bank, N.A., as administrative agent, entered into a Third Amended and Restated Credit
Agreement (the Agreement). The Agreement, among other things, provides a reduced revolving
credit facility of up to $170 million and term loans totaling an additional $40 million, extends
the maturity date of borrowings under the facility to June 30, 2013 and amends the pricing terms.
In addition, the Company has the option to increase the availability under the revolving credit
facility by $25 million.
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