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): January 13,
2010
Tutor
Perini Corporation
(Exact
name of registrant as specified in its charter)
____________________
|
Massachusetts
(State
or other jurisdiction of
incorporation
or organization)
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1-6314
(Commission
file number)
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04-1717070
(I.R.S.
Employer
Identification
No.)
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15901
Olden Street, Sylmar, California 91342-1093
(Address
of principal executive offices) (Zip code)
Registrant’s telephone number,
including area code: (818) 362-8391
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 obligation of the registrant under any of the following
provisions:
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
1.01. Entry into a Material Definitive Agreement.
On
January 13, 2010, Tutor Perini Corporation (the “Company”) entered into a Second
Amendment (the “Amendment”) to the Company’s Third Amended and Restated Credit
Agreement dated September 8, 2008, as amended by a First Amendment dated
February 23, 2009 (collectively, the “Existing Agreement”).
The
Amendment increases the Company’s borrowing capacity by $50 million over the
Existing Agreement, allowing the Company to borrow up to $205 million on a
revolving basis. The Amendment maintains the Company’s ability to increase the
base facility, under certain circumstances, by up to an additional $45 million
and provides favorable modifications to certain financial and other covenants in
place under the Existing Agreement. Amounts outstanding under the
Amendment bear interest at rates determined by the Consolidated Leverage Ratio
and are defined in the Amendment. There has been no change to the
Company’s supplementary credit facility as a result of the
Amendment.
The
forgoing description of the Amendment does not purport to be complete and is
qualified in its entirety by reference to the full text of the Amendment, which
is filed with this Current Report on Form 8-K as Exhibit 10.1 and is
incorporated herein by reference.
Item
9.01. Financial Statements and Exhibits.
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(d)
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Exhibits.
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10.1 The
Second Amendment to the Third Amended and Restated Credit Agreement dated
January 13, 2010
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SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be filed on its behalf by the undersigned hereunto
duly authorized.
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Dated: January
20, 2010
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Tutor
Perini Corporation
By: /s/Kenneth R. Burk
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Kenneth
R. Burk
Executive
Vice President and Chief Financial
Officer
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