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): September 25, 2007
The Sherwin-Williams Company
(Exact Name of Registrant as Specified in Charter)
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Ohio
(State or Other Jurisdiction
of Incorporation)
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1-04851
(Commission
File Number)
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34-0526850
(IRS Employer
Identification No.)
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101 Prospect Avenue, N.W.
Cleveland, Ohio
(Address of Principal
Executive Offices)
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44115
(Zip Code) |
(216) 566-2000
(Registrants telephone number, including area code)
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 September 25, 2007, The Sherwin-Williams Company (Sherwin-Williams) entered into Five
Year Credit Agreement Amendment No. 2 (the Amendment No. 2) with Citicorp USA, Inc. (CUSA), as
administrative agent and issuing bank, the Lenders from time to time party thereto, and The Bank of
New York (BONY), as paying agent. Amendment No. 2 amends the Five Year Credit Agreement (the
Credit Agreement), dated as of August 28, 2007, as amended by the Five Year Credit Agreement
Amendment No. 1, dated as of September 17, 2007, among Sherwin-Williams, CUSA, as administrative
agent and issuing bank, the Lenders from time to time party thereto, and BONY, as paying agent.
The primary purpose of Amendment No. 2 is to increase the amount available for borrowing and
obtaining the issuance, renewal, extension and increase of a letter of credit by $100 million up to
an aggregate availability of $250 million.
No borrowings have been made, and no letter of credit has been issued, under the Credit
Agreement.
The foregoing description of Amendment No. 2 does not purport to be complete and is qualified
in its entirety by reference to the full text of Amendment No. 2, a copy of which is filed as
Exhibit 4 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
The following exhibit is filed with this report:
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Exhibit No.
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Exhibit Description |
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Five Year Credit Agreement Amendment No. 2, dated as of September 25, 2007, by
and among The Sherwin-Williams Company, Citicorp USA, Inc., as administrative agent and
issuing bank, the Lenders from time to time party thereto, and The Bank of New York, as
paying agent (filed herewith). |
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