Attached files
file | filename |
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EX-4.2 - EX-4.2 - UTi WORLDWIDE INC | d685836dex42.htm |
EX-4.1 - EX-4.1 - UTi WORLDWIDE INC | d685836dex41.htm |
EX-99.1 - EX-99.1 - UTi WORLDWIDE INC | d685836dex991.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):
March 4, 2014
UTi Worldwide Inc.
(Exact name of Registrant as Specified in its Charter)
000-31869
(Commission File Number)
British Virgin Islands | N/A | |
(State or Other Jurisdiction of Incorporation or Organization) |
(IRS Employer Identification Number) |
9 Columbus Centre, Pelican Drive, P.O Box 805 | c/o UTi, Services, Inc. | |
Road Town, Tortola, VG1110 | 100 Oceangate, Suite 1500 | |
British Virgin Islands | Long Beach, CA 90802 USA |
(Addresses of Principal Executive Offices)
562.552.9400
(Registrants Telephone Number, Including Area Code)
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)) |
UTi Worldwide Inc.
Current Report on Form 8-K
Item 1.01. Entry into a Material Definitive Agreement
On March 4, 2014 UTi Worldwide Inc. (the Company) entered into (i) an indenture (the Indenture) with Wells Fargo Bank, National Association (the Trustee), as trustee thereunder, in connection with the previously announced offer and sale of $400,000,000 aggregate principal amount of the Companys 4.50% Convertible Senior Notes due 2019 (the Notes) and (ii) an amended and restated registration rights agreement (the Registration Rights Agreement) with certain affiliates of P2 Capital Partners, LLC (P2) in connection with the previously announced offer and sale of $175,000,000 aggregate principal amount of the Companys 7.00% Convertible Preference Shares (the Convertible Preference Shares), which Registration Rights Agreement was contemplated by the form of amended and restated registration rights agreement attached as Appendix I to the Share Purchase Agreement dated February 26, 2014, by and between the Company and an affiliate of P2, attached as Exhibit 10.7 to the Companys Current Report on Form 8-K filed with the Securities and Exchange Commission (the SEC) on March 3, 2014.
Copies of the Indenture and the Registration Rights Agreement are attached hereto as Exhibits 4.1 and 4.2, respectively, and are incorporated by reference into this Item 1.01.
The Indenture and the Registration Rights Agreement have been included to provide investors and security holders with information regarding the terms thereof and are not intended to provide any factual information about the Company, the Trustee, P2 or their respective subsidiaries or affiliates.
To the extent required by Item 1.01 of Form 8-K, the information contained in or incorporated by reference into the Companys Current Report on Form 8-K filed with the SEC on March 3, 2014 under the caption Agreements Relating to 7.00% Convertible Preference Shares is incorporated by reference into this Item 1.01.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
To the extent required by Item 2.03 of Form 8-K, the information related to the Indenture and the Notes included or incorporated by reference into Item 1.01 of this Current Report on Form 8-K are incorporated by reference into this Item 2.03.
Item 8.01 Other Events
On March 4, 2014 the Company issued a press release (the Press Release) announcing that it has completed both of its previously announced private offerings, which consisted of the offering of the Notes and the offering of the Convertible Preference Shares.
A copy of the Press Release is attached hereto as Exhibit 99.1 and is incorporated by reference into this Item 8.01.
Section 9 Financial Statements and Exhibits
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
The following exhibits are filed herewith:
Exhibit No. |
Description | |
4.1 | Indenture | |
4.2 | Registration Rights Agreement | |
99.1 | Press Release |
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 thereunto duly authorized.
UTi Worldwide Inc. | ||||||
Date: March 4, 2014 | By: | /s/ Lance E. DAmico | ||||
Lance E. DAmico | ||||||
Senior Vice President, Chief Legal Officer and Secretary |