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): October 11, 2018

BYLINE BANCORP, INC.

(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

(773) 244-7000 

Registrant’s Telephone Number, Including Area Code)

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:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

As previously disclosed, on October 13, 2016, Byline Bancorp, Inc. (the “Company”) entered into a Revolving Credit Agreement with CIBC Bank USA, formerly known as The PrivateBank and Trust Company (the “Lender”), providing for a revolving credit facility (as previously amended on April 13, 2017 and October 12, 2017, and which may be further amended from time to time, the “Credit Facility”). On October 11, 2018, the Company entered into a Third Amendment to Revolving Credit Agreement (the “Amendment”) with the Lender, which increases the revolving loan commitment to $10,000,000, extends the maturity of the Credit Facility to October 10, 2019, and makes certain other changes, including the release of the previously executed Stock Pledge Agreement dated October 13, 2016 and execution of a Negative Pledge Agreement dated October 11, 2018.

The foregoing description of the Amendment is a summary and is qualified in its entirety by the complete terms of the Amendment, which is filed as Exhibit 10.1 to this current report on Form 8-K and incorporated by reference herein.

The disclosure set forth in Item 1.01 above is incorporated herein by reference.

(d) Exhibits.

SIGNATURE

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.