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EX-99.1 - PRESS RELEASE - COFFEE HOLDING CO INCjva_ex991.htm


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):  February 13, 2012
 
COFFEE HOLDING CO., INC.
(Exact name of registrant as specified in its charter)

Nevada
 
001-32491
 
11-2238111
(State or other jurisdiction
 
(Commission
 
(IRS Employer
of incorporation)
 
File Number)
 
Identification No.)

3475 Victory Boulevard, Staten Island, New York
 
10314
(Address of principal executive offices)
 
(Zip Code)

Registrant’s telephone number, including area code: (718) 832-0800

Not Applicable
(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 (see General Instruction A.2. below):
 
oWritten 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 February 13, 2012, Coffee Holding Co., Inc. (the “Company”) extended the term of its financing agreement with Sterling National Bank (“Sterling”) until February 17, 2014.  In addition, the interest rate on the credit facility was reduced to the Wall Street Journal Prime rate, (which is currently 3.25%) plus one percent (1%), effective as of February 12, 2012.
 
The press release announcing the extended credit facility with Sterling is attached hereto as Exhibit 99.1.

  99.1
Press release, dated February 16, 2012, issued by Coffee Holding entitled “Coffee Holding Co., Inc. Announces Extension of Credit Facility Term and Reduction of Interest Rate”

 
 
 

 


SIGNATURES
 
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.
 
 
 
COFFEE HOLDING CO., INC.
 
       
Date:  February 16, 2012
By:
/s/ Andrew Gordon  
   
Name:  Andrew Gordon
 
   
Title:    President and Chief Executive Officer
 
       
 
 
 
 
 

 

EXHIBIT INDEX
 
  Exhibit No.  
Description

  99.1  
Press release, dated February 16, 2012, issued by Coffee Holding entitled “Coffee Holding Co., Inc. Announces Extension of Credit Facility Term and Reduction of Interest Rate”