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 31, 2011
Date of Report (Date of earliest event reported)
DOLLAR THRIFTY AUTOMOTIVE GROUP, INC.
(Exact name of registrant as specified in its charter)
|
Delaware
|
1-13647
|
73-1356520
|
|
(State or other jurisdiction
|
(Commission
|
(I.R.S. Employer
|
|
of incorporation)
|
File Number)
|
Identification No.)
|
5330 East 31st Street, Tulsa, Oklahoma 74135
(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code: (918) 660-7700
N/A
(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 1.02
|
TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT
|
On August 31, 2011, Dollar Thrifty Automotive Group, Inc., a Delaware corporation (the “Company”) repaid the outstanding balance of $143,125,000 under the term loan B (the “Term Loan”) and terminated the Term Loan portion of its senior secured credit facility with Deutsche Bank Trust Company Americas, The Bank of Nova Scotia and various other financial institutions as are parties thereto (collectively, the “Lenders”). Certain of the Lenders or their affiliates are also participants in other credit facilities of the Company, including the revolving portion of the senior secured credit facility, which matures in June 2013 and is available for borrowings of cash or letters of credit up to a capacity of $231,300,000. The Company did not incur any fees or penalties in conjunction with the repayment and termination of the Term Loan.
2
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.
|
DOLLAR THRIFTY AUTOMOTIVE GROUP, INC.
|
|
|
(Registrant)
|
|
September 6, 2011
|
By:
|
/s/ H. CLIFFORD BUSTER III
|
|
H. Clifford Buster III
|
||
|
Senior Executive Vice President, Chief Financial
|
||
|
Officer and Principal Financial Officer
|
3