creditext2-08.htm
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): February 8, 2008
LACLEDE
GAS COMPANY
(Exact
name of registrant as specified in its charter)
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Missouri
State
or other jurisdiction of incorporation
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1-1822
Commission File
Number
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43-0368139
IRS
Employer Identification No.
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720 Olive
Street
St.
Louis, Missouri 63101
(Address
of principal executive offices including zip code)
Registrant’s
telephone number, including area code: (314) 342-0500
NONE
(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 obligations of the registrant under any of the following
provisions (see General Instruction A.2. below):
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[ ]
Written communications pursuant to Rule 425 under the securities Act (17
CFR 230.425)
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[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item
1.01 Entry
into a Material Definitive Agreement
On
February 8, 2008, Laclede Gas Company, a Missouri corporation (“Laclede”),
entered into an extension of its syndicated loan agreement with several bank
parties thereto, including U.S. Bank National Association as administrative
agent, as amended on December 21, 2005 (as amended, the “Loan
Agreement”). The Loan Agreement currently provides a credit
commitment of up to $350 million, with the current credit commitment being in
the amount of $320 million. The extension adds one year to the term
of the Loan Agreement, extending it to December 31, 2011. Under
certain circumstances, Laclede may request two additional one-year extensions of
the term beyond that date. Two banks, representing a total of about
15% of the credit commitment under the Loan Agreement prior to the extension,
did not consent to the extension of their commitments to December 31,
2011. Laclede exercised its right under the Loan Agreement to wholly
replace the non-consenting banks that was done by receiving increased
commitments from five of the remaining banks in the Loan Agreement, effective
February 8, 2008. The other five remaining banks continue at their previous
participation levels. Thus, the total current credit commitment under
the Loan Agreement remains unchanged at $320 million.
Laclede
and its affiliates have or may have had customary banking relationships with the
banks parties to the Loan Agreement based on the provision of a variety of
financial services, including pension fund, cash management, investment banking,
and equipment financing and leasing services, none of which are material
individually or in the aggregate with respect to any individual
party.
Item
2.03 Creation
of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet
Arrangement of a Registrant
The
information set forth under Item 1.01 above is incorporated herein by
reference.
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 hereunto
duly authorized.
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LACLEDE
GAS COMPANY
(Registrant)
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By: /s/
Mark D.
Waltermire
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Mark
D. Waltermire
Senior
Vice President and Chief Financial
Officer
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February
8, 2008
(Date)