SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 10, 2011
(Exact Name of Registrant as Specified in Charter)
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
On February 27, 2009, Gen-Probe Incorporated (Gen-Probe) entered into a Credit Agreement (as amended, the Credit Agreement) with Bank of America, N.A (the Lender), which provided for a one year senior secured revolving credit facility in an amount of up to $180.0 million that is subject to a borrowing base formula. On March 23, 2009, Gen-Probe entered into an Amendment to Credit Agreement with the Lender, pursuant to which the amount which Gen-Probe may borrow from time to time under the Credit Agreement was increased from $180.0 million to $250.0 million. On February 11, 2010, Gen-Probe entered into Amendment No. 2 to Credit Agreement with the Lender, pursuant to which, among other things, the maturity date of the credit facility was extended for an additional one-year period.
On February 10, 2011, Gen-Probe entered into Amendment No. 3 to Credit Agreement (the Third Amendment) with the Lender, pursuant to which the maturity date of the credit facility was extended for an additional one-year period. As extended, the credit facility now expires on February 24, 2012.
Loans may be borrowed, repaid and reborrowed during the term of the revolving credit facility, and there is currently $240.0 million of borrowings outstanding under the revolving credit facility.
The foregoing description of the Third Amendment is only a summary, does not purport to be complete, and is qualified in its entirety by reference to the full text of the Third Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The information set forth under Item 1.01, Entry into a Material Definitive Agreement, is incorporated herein by reference.
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.