TEGcreditagreementform8k

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:   November 14, 2014
(Date of earliest event reported)


Commission 
File Number
Registrant; State of Incorporation 
Address; and Telephone Number
IRS Employer  
Identification No.
 
 
 
1-11337

INTEGRYS ENERGY GROUP, INC.
(A Wisconsin Corporation)
200 East Randolph Street
Chicago, Illinois 60601-6207
(312) 228-5400
39-1775292
 
 
 

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:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


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Item 1.01
Entry into a Material Definitive Agreement
 
 
As discussed in Integrys Energy Group, Inc.’s (the “Company”) Quarterly Report on Form 10-Q for the quarter ended September 30, 2014 (which was filed with the Securities and Exchange Commission on November 6, 2014), as a result of the sale of the retail energy business of Integrys Energy Services, Inc. on November 1, 2014, the Company plans to reduce the size of its existing revolving credit facilities over the next six months as contingent obligations are fully transferred to the buyer.  To that end, effective November 14, 2014, the Company made an initial reduction of $200 million under its June 13, 2012 unsecured $635 million Five-Year Credit Agreement with The Bank of Tokyo-Mitsubishi UFJ, Ltd.; Union Bank, N.A.; JPMorgan Chase Bank, N.A.; KeyBank National Association; Mizuho Corporate Bank Ltd.; The Bank of Nova Scotia; U.S. Bank National Association; and J.P. Morgan Securities LLC maturing on June 13, 2017.

 
 
 

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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.
 
 
INTEGRYS ENERGY GROUP, INC. 


 
By: /s/ William J. Guc          
William J. Guc
Vice President and Treasurer
 
 
Date: November 18, 2014
 
 

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