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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
September 26, 1995 (Date of earliest event reported)
FLOW INTERNATIONAL CORPORATION
(Exact name of Registrant as specified in its charter)
Deleware 2-81315 91-1104842
(State or other (Commission (I.R.S. Employer
jurisdiction of File Identification
incorporation) Number) Number)
23500 - 64th Avenue South, Kent, Washington 98032
(Address of principal executive offices, zip code)
Registrants telephone number, including area code:
(206) 850-3500
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ITEM 5. Other Events
Flow International Corporation announced that it had
completed a $75 million long-term financing package. The package
includes a $60 million bank credit facility provided by its
principal bank, U.S. Bank of Washington, N.A., and a $15 million
private note placement.
The bank facility provides a five-year credit line of up to
$60 million, decreasing by $8 million per year commencing in the
third year. Interest is payable at LIBOR plus 1.35%, or 1.00% if
certain covenants are met. The note financing is for a ten year
term, with a fixed interest rate of 7.2%, and with amortization
of the principal amount commencing after four years.
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.
Date: October 10, 1995 FLOW INTERNATIONAL CORPORATION
By: /S/ John S. Leness
John S. Leness, General Counsel and
Corporate Secretary
