2005-12-19 ACE Limited (NYSE: ACE) 8-K

http://www.sec.gov/Archives/edgar/data/896159/000119312505244966/0001193125-05-2449...
-----BEGIN PRIVACY-ENHANCED MESSAGE----Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QGJ5HVUyve6e7bC2uKgapu2X+Q7BUDGV/YbgGEdy8jcIJZjrJmkSAL87r+5edxZX diaOIIqakx8r6w4FpelXVA== <SEC-DOCUMENT>0001193125-05-244966.txt : 20051219 <SEC-HEADER>0001193125-05-244966.hdr.sgml : 20051219 <ACCEPTANCE-DATETIME>20051219164621 ACCESSION NUMBER: 0001193125-05-244966 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20051213 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant FILED AS OF DATE: 20051219 DATE AS OF CHANGE: 20051219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTRAL INDEX KEY: STANDARD INDUSTRIAL CLASSIFICATION: IRS NUMBER: STATE OF INCORPORATION: FISCAL YEAR END: FILING VALUES: FORM TYPE: SEC ACT: SEC FILE NUMBER: FILM NUMBER: BUSINESS ADDRESS: STREET 1: STREET 2: CITY: STATE: ZIP: BUSINESS PHONE: MAIL ADDRESS: STREET 1: CITY: STATE: ZIP: </SEC-HEADER> <DOCUMENT> <TYPE>8-K <SEQUENCE>1 <FILENAME>d8k.htm <DESCRIPTION>FORM 8-K <TEXT> <HTML><HEAD> <TITLE>Form 8-K</TITLE> </HEAD> <BODY BGCOLOR="WHITE"> 8-K 1934 Act 001-11778 051273124 ACE BLDG 30 WOODBOURNE AVE HAMILTON HM 08 BERMU D0 00000 8092955200 P O BOX HM 1015 HAMITON BERMUDA D0 00000 ACE LTD 0000896159 FIRE, MARINE & CASUALTY INSURANCE [6331] 000000000 D0 1231
<HR SIZE="3" NOSHADE COLOR="#000000" ALIGN="left"> UNITED STATES SECURITIES AND EXCHANGE COMMISSION <FON SIZE="3">Washington, D.C. 20549 <HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> FORM 8-K SIZE="1" NOSHADE COLOR="#000000"> STYLE="margin-top:0px;margin-bottom:0px"> Pursuant To Section 13 or 15 (d) STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">Securities Exchange Act of 1934 < STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">Date of Report (Date of earliest event reported) December 13, 2005 <HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> ACE LIMITED (Exact name of registrant as specified in its charter) STYLE="margin-top:0px;margin-bottom:0px"> <HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">
<TR> <TD WIDTH="34%"></TD> <TD VALIGN="bottom" WIDTH="1%"></TD> <TD WIDTH="32%"></TD> <TD VALIGN="bottom" WIDTH="1%"></TD> <TD WIDTH="32%"></TD></TR> <TR> <TD VALIGN="top" ALIGN="center">Cayman Islands</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" ALIGN="center">1-11778</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" ALIGN="center">98-0091805</TD></TR> <TR> <TD VALIGN="top" ALIGN="center">(State or other jurisdiction)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" ALIGN="center">(Commission File Number)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" ALIGN="center"> (I.R.S. Employer of Incorporation Identification No.)</TD></TR> </TABLE> ACE Global Headquarters 17 Woodbourne Avenue Hamilton HM 08 Bermuda (Address of principal executive offic STYLE="margin-top:0px;margin-bottom:0px"> Registrants telephone number, i (441) 295-5200 < STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">(Former name or former address, if changed since last report) <HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> see General Instruction A.2. below): </FON STYLE="margin-top:0px;margin-bottom:0px"> <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%"> <TR> <TD WIDTH="4%" VALIGN="top" ALIGN="left">¨</TD> <TD ALIGN="left" VALIGN="top">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </TD></TR></TABLE> <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%"> <TR> <TD WIDTH="4%" VALIGN="top" ALIGN="left">¨</TD> <TD ALIGN="left" VALIGN="top">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </TD></TR></TABLE> <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%"> <TR> <TD WIDTH="4%" VALIGN="top" ALIGN="left">¨</TD> <TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </TD></TR></TABLE> <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%"> <TR> <TD WIDTH="4%" VALIGN="top" ALIGN="left">¨</TD> <TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </TD></TR></TABLE> <HR SIZE="3" NOSHADE COLOR="#000000" ALIGN="left"> <HR SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
Item 1.01 Entry into a Material Definitive Agreement. On December 13, 2005, ACE European Holdings No.&n £100,000,000 syndicated five-year term loan agreement and ACE Australia Holdings PTY Limited entered into a AUD $100,000,000 syndicated two-year term loan agreement (collectively referred to as the L guaranteed the obligations of the borrower under each Loan Agreement. Pricing under both Loan Agreements is based on a fixed rate plus a margin determined by reference to A applicable borrower will also pay customary upfront, arrangement and administration fees. The covenants in the Loan Agreements are substantially similar to covenants in other ACE group credit facilities and include limitations on liens, substantial asset sales and merg financial covenants that require ACE Limited to: <FONT FACE="Times New Roman" consolidated net worth of not less than $6.447 billion (subject to an annual reset provision) plus 25 percent of cumulative net income from December 31, 2004 plus 50 percent of the net proceeds of any issua December 31, 2004; and (ii) maintai trust preferred securities and mezzanine capital to the extent not exceeding 15% of total capitalization) to total capitalization of not greater than 0.35 to 1. Both Loan Agreements have customary events of default, including (subject to certain materiality thresholds and grace periods) pa covenants, material inaccuracy of representation or warranty, bankruptcy or insolvency proceedings, change of control and cross-default to other debt agreements. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance S <HR SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on i duly authorized. <DIV ALIGN="right"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0"> <TR> <TD WIDTH="6%"></TD> <TD VALIGN="bottom" WIDTH="1%"></TD> <TD WIDTH="93%"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3"> ACE LIMITED</TD></TR> <TR> <TD HEIGHT="16"></TD> <TD HEIGHT="16" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"> By:</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> /s/ Paul Medini<HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR> <TR> <TD VALIGN="top"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="center">Paul Medini</TD></TR> <TR> <TD VALIGN="top"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="center">Chief Accounting Officer</TD></TR> </TABLE></DIV> DATE: December 19, 2005 </BODY></HTML> </TEXT> </DOCUMENT> </SEC-DOCUMENT> -----END PRIVACY-ENHANCED MESSAGE-----
2 of 2
8/12/11 4:34 PM

2005-12-19 ACE Limited (NYSE: ACE) 8-K

Hochgeladen von

Dokumentinformationen

Copyright

Verfügbare Formate

Dieses Dokument teilen

Dokument teilen oder einbetten

Freigabeoptionen

Stufen Sie dieses Dokument als nützlich ein?

Sind diese Inhalte unangemessen?

Copyright:

Verfügbare Formate

2005-12-19 ACE Limited (NYSE: ACE) 8-K

Hochgeladen von

Copyright:

Verfügbare Formate

http://www.sec.gov/Archives/edgar/data/896159/000119312505244966/0001193125-05-2449...

Das könnte Ihnen auch gefallen