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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
DECEMBER 11, 1995
Date of Report (Date of Earliest Event Reported)
NASHUA CORPORATION
(Exact Name of Registrant as Specified in its Charter)
DELAWARE
(State or Other Jurisdiction of Incorporation)
1-5492-1 02-0170100
(Commission File Number) (I.R.S. Employer Identification No.)
44 FRANKLIN STREET, NASHUA, NEW HAMPSHIRE 03060
(Address of Principal Executive Offices) (Zip Code)
(603) 880-2323
(Registrant's Telephone Number, Including Area Code)
NOT APPLICABLE
(Former Name or Former Address, if Changed Since Last Report)
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INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 5 - OTHER EVENTS
In Nashua's Quarterly Report on Form 10-Q for the period ended September 29,
1995, the Company stated that it was not in compliance with certain financial
covenants in its revolving credit facility and senior note agreement and that it
had obtained agreements with its lenders that they would not take any action
with respect to the Company's non-compliance during a grace period which ended
November 27, 1995. In Nashua's Current Report on Form 8-K dated November 28,
1995, the Company stated that the grace period was extended until December 1,
1995. As of November 30, 1995, the Company's lenders have agreed to forbear
the enforcement of their rights with respect to such non-compliance for a period
until December 15, 1995.
The Company continues to believe that the debt agreements will be amended in a
manner that will allow the Company to be restored to compliance and that the
banks will accommodate borrowing requests to meet current operating needs while
the amendments remain under negotiation. However, the Company and the banks
have not to date agreed upon the terms of such amendments and the banks are not
obligated to extend additional loans under the Company's revolving credit
facility unless and until such time as these amendments are effected.
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 thereunto duly authorized.
NASHUA CORPORATION
December 11, 1995 By /s/ Daniel M. Junius
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Daniel M. Junius
Vice President-Finance
and Chief Financial Officer
