Attached files

file filename
EX-99 - PRESS RELEASE - BLACK HILLS CORP /SD/ex99.htm
EX-10 - CREDIT AGREEMENT - BLACK HILLS CORP /SD/ex10.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) September 30, 2011
____________

BLACK HILLS CORPORATION
(Exact name of registrant as specified in its charter)
____________

South Dakota
(State or other jurisdiction of incorporation)
001-31303
 
46-0458824
(Commission File Number)
 
(IRS Employer Identification No.)
     
 625 Ninth Street, PO Box 1400
Rapid City, South Dakota
(Address of principal executive offices)
 
57709-1400
(Zip Code)
605.721.1700
(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 (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 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))

 
 


 
 
1

 



Item 1.01 Entry into a Material Definitive Agreement

On September 30, 2011, the Registrant entered into a First Amendment to the Credit Agreement dated December 15, 2010, among Black Hills Corporation, as Borrower, JPMorgan Chase Bank, N.A., in its capacity as agent for the Banks and as a Bank, and each of the other Banks (the “Term Loan Extension”).  The Term Loan Extension of the $100-million loan extends the loan termination date from December 14, 2011 to September 30, 2013.  All other terms remained unchanged, including the cost of borrowing based on a spread of 137.5 basis points over LIBOR.
 
The Term Loan and the Press Release announcing the Term Loan Extension are filed as Exhibit 10 and Exhibit 99, respectively, to this Form 8-K and are incorporated herein by reference.
 
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

The information required by this item is included in Item 1.01.

Item 9.01 Financial Statements and Exhibits

 
(d)
Exhibits

 
10
First Amendment to the Credit Agreement dated December 15, 2010 among Black Hills Corporation, as Borrower, JPMorgan Chase Bank, N.A., in its capacity as agent for the Banks and as a Bank, and each of the other Banks.

99           Press Release dated September 30, 2011.
 
 
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.


 
BLACK HILLS CORPORATION
   
   
 
By:     /s/ Anthony S. Cleberg               
 
Anthony S. Cleberg
 
Executive Vice President
 
and Chief Financial Officer
   
Date:          September 30, 2011
 
 
 
 
3

 
 

 
Exhibit Index

Exhibit No.                      Description


 
10
First Amendment to the Credit Agreement dated December 15, 2010 among Black Hills Corporation, as Borrower, JPMorgan Chase Bank, N.A., in its capacity as agent for the Banks and as a Bank, and each of the other Banks.

99           Press Release dated September 30, 2011.
 

 
 
 4