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
August 28, 2007 (August 23, 2007)
Date of Report (Date of Earliest Event Reported)
ALERIS INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Delaware | 1-7170 | 75-2008280 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) | (I.R.S. Employer Identification No.) |
25825 Science Park Drive, Suite 400 Beachwood, Ohio |
44122 | |
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: (216) 910-3400
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 (see General Instruction A.2. below):
¨ | 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 14d2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01. | Entry into a Material Definitive Agreement. |
On August 23, 2007, Aleris International, Inc., a Delaware corporation (the Company), entered into an incremental commitment agreement, dated as of August 23, 2007 (the Incremental Commitment Agreement), thereby amending the Companys senior secured asset-based revolving credit facility, dated as of August 1, 2006, and amended and restated as of December 19, 2006, among the Company, each subsidiary of the Company party thereto, the lenders party thereto, Deutsche Bank AG New York Branch as administrative agent, Deutsche Bank AG, Canada Branch, as Canadian administrative agent and certain other signatories thereto, which provides senior secured financing of up to $750.0 million, subject to applicable borrowing bases (the Asset-Based Credit Facility), by increasing the facility size of the Asset-Based Credit Facility by $100.0 million, from up to $750.0 million to up to $850.0 million, subject to applicable borrowing bases.
Item 2.03. | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant |
The information set forth Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.
SIGNATURES
Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: August 28, 2007
Aleris International, Inc. | ||
By: |
/s/ Michael D. Friday | |
Michael D. Friday | ||
Executive Vice President and Chief Financial Officer |