8-K 1 a07-16276_18k.htm 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

June 8, 2007

 

000-31267

Date of Report (Date of earliest event reported)

 

Commission File Number

 

IWT TESORO CORPORATION

(Exact name of registrant as specified in its charter)

Nevada

 

91-2048019

(State or other jurisdiction of incorporation or organization)

 

(I.R.S. Employer Identification Number)

 

 

 

191 Post Road West, Suite 10, Westport, CT 06880

(Address of Principal Executive Offices) (Zip Code)

 

 

 

(203) 271-2770

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing requirements of the registration 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 1.01 Entry into a Material Definitive Agreement

Effective June 8, 2007, IWT Tesoro Corporation and certain of its subsidiaries entered into the Eighth Amendment to the Amended and Restated Loan Agreement with its senior credit Facility, Bank of America, N.A.  Pursuant to the Amendment, the parties agreed to extend the term of its $26.5 million credit facility, including the Restated Loan and Security Agreement and the Revolving Credit Note to September 10, 2007.

Item 9.01 Financial Statements and Exhibits

(d)           Exhibits

Exhibit

 

Description

10.51

 

Form of the Eighth Amendment to Amended and Restated Loan and Security Agreement between IWT Tesoro Corporation and its subsidiaries, and Bank of America N.A.

 

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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.

Dated: June 8, 2007

IWT TESORO CORPORATION

 

 

 

/s/ Henry J. Boucher, Jr., President

 

By:  Henry J. Boucher, Jr., President

 

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