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): August 19, 2008
CONVERGYS CORPORATION
(Exact name of registrant as specified in its charter)
Ohio | 1-4379 | 31-1598292 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
201 East Fourth Street Cincinnati, Ohio |
45202 | |
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: (513) 723-7000
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 (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)) |
Item 8.01. | Other Events. |
On August 19, 2008, Convergys Corporation (the Company) entered into an unsecured $50,000,000 360-day revolving credit facility with The Bank of Nova Scotia, acting as Administrative Agent, and Scotia Capital, as the sole lead arranger and sole book runner (the Credit Agreement). Additional lenders may provide commitments under the Credit Agreement up to an additional amount of $50,000,000, but not to exceed $100,000,000.
Borrowings under the Credit Agreement bear interest at the rates described in the Credit Agreement. The Credit Agreement contains affirmative, negative and financial covenants customary for such type of agreement. The Credit Agreement also contains customary representations and warranties. In the event of a default under the Credit Agreement, the lenders may terminate the commitments under the Credit Agreement and declare the amounts outstanding, and all accrued interest, immediately due and payable. The foregoing summary of the Credit Agreement is qualified in its entirety by reference to the full text of the Credit Agreement.
Convergys may utilize borrowings under the Credit Agreement for liquidity purposes and general corporate purposes.
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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.
CONVERGYS CORPORATION | ||
By: | /s/ Karen R. Bowman | |
Karen R. Bowman | ||
Senior Vice President, General Counsel and Corporate Secretary |
Date: August 25, 2008
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