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 25, 2013
Walker & Dunlop, Inc.
(Exact name of registrant as specified in its charter)
Maryland |
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001-35000 |
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80-0629925 |
(State or other jurisdiction of |
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(Commission File Number) |
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(IRS Employer Identification No.) |
incorporation) |
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7501 Wisconsin Avenue |
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20814 |
(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code: (301) 215-5500
Not applicable
(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 25, 2013, Walker & Dunlop, LLC (the Borrower), the operating subsidiary of Walker & Dunlop, Inc. (the Company), entered into a Fifth Amendment to Warehousing Credit and Security Agreement (the Amendment) with PNC Bank, National Association, as lender (the Lender). The Amendment amends that certain Warehousing Credit and Security Agreement, dated as of June 30, 2010, as previously amended (the Warehousing Agreement), by and between the Borrower and the Lender. The Amendment increases the warehousing credit limit under the Warehousing Agreement from $350 million to $450 million. The Company has guaranteed the Borrowers obligations under the Warehousing Agreement, as amended by the Amendment.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.
Item 9.01. Financial Statements and Exhibits.
Exhibit |
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Description |
10.1 |
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Fifth Amendment to Warehousing Credit and Security Agreement, dated as of January 25, 2013, by and between Walker & Dunlop, LLC, as borrower, and PNC Bank, National Association, as lender. |
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.
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WALKER & DUNLOP, INC. | |
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(Registrant) | |
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Date: January 29, 2013 |
By: |
/s/ Deborah A. Wilson |
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Name: Deborah A. Wilson |
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Title: Executive Vice President, Chief Financial Officer & Treasurer |