UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| Item 1.01 | Entry into a Material Definitive Agreement. |
On July 31, 2020, Nuance Communications, Inc. (“Nuance”) entered into Amendment No. 3 (the “Credit Agreement Amendment”) to the Revolving Credit Agreement, dated as of April 15, 2016 (as amended, restated, supplemented or otherwise modified through the date hereof, the “Credit Agreement”), among Nuance, the lenders from time to time party thereto (the “Lenders”), Barclays Bank PLC, as Administrative Agent (the “Administrative Agent”), and the other parties named therein.
The Credit Agreement Amendment amends the Credit Agreement to, among other things, extend the maturity date from April 15, 2021 to April 15, 2022 and allow the Administrative Agent and Nuance to agree on a new benchmark rate for the calculation of interest to replace the LIBO Rate.
The foregoing is only a summary of the material terms of the Credit Agreement Amendment and does not purport to be complete, and is qualified in its entirety by reference to the Credit Agreement Amendment, a copy of which is attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit |
Description | |
| 10.1 | Amendment No. 3, dated as of July 31, 2020, to the Revolving Credit Agreement, dated April 15, 2016, among Nuance Communications, Inc., the lenders party thereto, Barclays Bank PLC, as Administrative Agent, and the other parties named therein. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
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.
| NUANCE COMMUNICATIONS, INC. | ||
| By: | /s/ Daniel D. Tempesta | |
| Daniel D. Tempesta | ||
| Executive Vice President and Chief Financial Officer | ||
Date: August 5, 2020