8-K
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) November 23, 2015
Fastenal Company
(Exact name of registrant as specified in its charter)
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Minnesota | 0-16125 | 41-0948415 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
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2001 Theurer Boulevard, Winona, Minnesota | 55987-1500 |
(Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (507) 454-5374
Not Applicable
(Former name or former address, if changed since last report)
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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: |
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| [ ] | 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 240.13e-4(c)) |
Item 1.01. Entry into a Material Definitive Agreement.
On November 23, 2015, Fastenal Company (the "Company") amended its existing unsecured revolving credit agreement (as amended, the "Agreement") with Wells Fargo Bank, National Association, as administrative agent (the "Administrative Agent") for the lenders party thereto (the "Lenders") and such Lenders.
The Agreement was amended to, among other things, increase the aggregate revolving credit commitment of the Lenders from $500 million to $700 million, with the letter of credit subfacility unchanged at $55 million, increase the swingline sublimit from $25 million to $50 million, and add a so called "accordion" feature allowing the Company to increase the aggregate revolving credit commitment by up to an additional $200 million upon the election by any Lender or other person reasonably satisfactory to the Administrative Agent to provide such increased commitment and satisfaction of certain other conditions.
The foregoing description of the amendment to the Agreement is only a summary and does not purport to be complete and is qualified in its entirety by reference to the full text of such amendment, a copy of which is attached hereto as Exhibit 10.1.
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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. |
The discussion under Item 1.01 is incorporated herein by reference.
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Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
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10.1 | First Amendment to Credit Agreement dated as of November 23, 2015 among Fastenal Company, the Lenders from time to time party thereto, and Wells Fargo Bank, National Association, as Administrative Agent. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | Fastenal Company |
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November 25, 2015 | | /s/ SHERYL A. LISOWSKI |
(Date) | | Sheryl A. Lisowski Controller & Chief Accounting Officer |
Exhibit Index
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10.1 | First Amendment to Credit Agreement dated as of November 23, 2015 among Fastenal Company, the Lenders from time to time party thereto, and Wells Fargo Bank, National Association, as Administrative Agent. |