UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) June 18, 2013
BOULDER BRANDS, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 001-33595 | 20-2949397 | ||
|
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
|
115 West Century Road - Suite 260 Paramus, New Jersey |
07652 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number including area code: (201) 568-9300
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:
| ¨ | 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 8.01. Other Events.
Boulder Brands, Inc. (the “Company”) is in discussion with potential lenders regarding the possibility of entering into a new $320 million senior secured credit facility comprised of a $75 million revolving credit facility maturing in 2018 (expected to be undrawn initially) and a $245 million term loan B facility maturing in 2020. The Company is considering entering into the new credit facility to take advantage of favorable conditions in the debt markets and to provide it with additional financial flexibility. The proceeds of the new credit facility would be used to refinance the Company’s existing senior secured credit facility and for general corporate purposes, including payment of fees and expenses. The Company expects any transaction to be leverage neutral to the Company. There is no assurance that the discussions with potential lenders will result in the Company entering into a new credit facility or with respect to the ultimate terms of any new credit facility that may result.
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.
| June 18, 2013 | BOULDER BRANDS, INC. | |
| (registrant) | ||
| By: | /s/ Christine Sacco | |
|
Christine Sacco Chief Financial Officer | ||