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): February 12, 2007
BEL
FUSE INC.
(Exact
Name of Registrant as Specified in its Charter)
|
New
Jersey
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0-11676
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22-1463699
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(State
or Other Jurisdiction
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(Commission
File Number)
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(IRS
Employer
|
|
of
Incorporation)
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|
Identification
No.)
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206
Van Vorst Street, Jersey City, New Jersey
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07302
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant's
telephone number, including area code (201) 432-0463
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 (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.
On
February 12, 2007, the Registrant, as Borrower, entered into a Credit and
Guaranty Agreement (the “New Credit Agreement”) with Bank of America, N.A., as
Lender, and the principal domestic subsidiaries of the Registrant, as Subsidiary
Guarantors. The New Credit Agreement provides the Registrant with a $20.0
million unsecured line of credit and replaces the Registrant’s prior $20.0
million line of credit with The Bank of New York, which was secured by a pledge
of stock of the Company’s domestic subsidiaries.
There
is
no material relationship between the Registrant and the Lender other than
pursuant to the agreement described above.
Item
9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit
10.1- Credit and Guaranty Agreement, dated February 12, 2007.
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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BEL
FUSE
INC. |
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By: |
/s/
Colin Dunn |
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Name: Colin
Dunn
Title:
Vice President of Finance
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Dated:
February 15, 2007.
EXHIBIT
INDEX
Exhibit10.1-
Credit and Guaranty Agreement, dated February 12, 2007.