WWW.EXFILE.COM -- NORTH AMERICAN GALVANIZING -- FORM 8-K
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: July 2, 2007)
North
American Galvanizing & Coatings, Inc.
(Exact
name of registrant as specified in its charter)
|
Delaware
|
1-3920
|
71-0268502
|
|
(State
or other
|
(Commission
|
(IRS
Employer
|
|
jurisdiction
|
File
Number)
|
Identification
Number)
|
|
of
incorporation)
|
|
|
|
5314
South Yale Avenue, Suite 1000, Tulsa, Oklahoma
|
74135
|
|
(Address
of principal executive offices)
|
(Zip
Code)
|
Registrant’s
telephone number, including area code: (918)
494-0964
2250
East 73rd
Street, Tulsa,
Oklahoma 74136-6832
(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):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o 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
July 2, 2007, North American
Galvanizing & Coatings, Inc., (the “Company”), prepaid
the outstanding principal balance of the Harris County Industrial Development
Corporation Adjustable Rate Industrial Development Revenue Bonds (North American
Galvanizing Company Project), Series 2000, dated and issued on March 14, 2000
(the “Bonds”). The original principal amount of the Bonds was
$9,050,000, of which $4,890,000 was outstanding at June 30, 2007. The
payment was made to satisfy a closing agreement entered into in settlement
of
certain issues raised by the IRS regarding compliance with the requirements
of
Section 103 of the Internal Revenue Code (the “Code”). The prepayment
was funded through the Company’s loan facility with the Bank of
America.
The
furnishing of this information shall not be deemed an admission as to the
materiality of the information included in this Current Report. This
information is not filed but is furnished pursuant to Regulation
FD.
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.
NORTH AMERICAN GALVANIZING & COATINGS, INC.
| Date: July
3, 2007 |
|
By: |
/s/
Beth B. Hood |
| |
|
|
Name: Beth
B. Hood |
| |
|
|
Title: Vice
President and Chief Financial
Officer |