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):
August 2, 2007
eBay Inc.
(Exact name of registrant as
specified in its charter)
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Delaware
(State or other
jurisdiction
of incorporation)
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000-24821
(Commission File
Number)
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77-0430924
(I.R.S. Employer
Identification No.)
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2145 Hamilton Avenue
San Jose, CA 95125
(Address of principal executive
offices)
(408) 376-7400
(Registrant’s telephone
number, including area code)
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 (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))
TABLE OF CONTENTS
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Item 1.01.
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Entry
into a Material Definitive Agreement
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On August 2, 2007, eBay Inc. (“eBay”), as
borrower, entered into an Amendment Agreement (the
“Amendment Agreement”) to its Credit Agreement dated
as of November 7, 2006 (the “Credit Agreement”)
with Bank of America, N.A., as Administrative Agent (the
“Agent”); certain lenders named therein; Wells Fargo
Bank, N.A., as Syndication Agent; and Banc of America Securities
LLC and Wells Fargo Bank, N.A., as Joint Lead Arrangers and
Joint Book Managers. The Amendment Agreement amends the Credit
Agreement to (i) increase the lender commitments and
borrowing capacity under the Credit Agreement from its existing
level of $1 billion to $2 billion, (ii) permit an
additional increase option of $1 billion (after giving
effect to the $1 billion increase described above in clause
(i)), (iii) extend the maturity date by an additional year
to November 7, 2012, (iv) revise the pricing grid and
(v) amend the maximum leverage ratio.
Funds borrowed under the Credit Agreement may be used for
working capital, capital expenditures, acquisitions and other
general corporate purposes of eBay and its subsidiaries. eBay
entered into the Credit Agreement in order to enhance its
financial flexibility.
The foregoing description does not purport to be complete and is
qualified in its entirety by reference to the Amendment
Agreement, which is attached as Exhibit 10.1 to this
Current Report on
Form 8-K
and is incorporated herein by reference.
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Item 9.01.
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Financial
Statements and Exhibits
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(d) Exhibits.
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10
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.1
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Amendment Agreement, dated as of
August 2, 2007, by and among the Company, Bank of America, N.A.,
as Administrative Agent, and the other lenders named from time
to time.
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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.
eBay Inc.
(Registrant)
Name: Brian H. Levey
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Title:
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Vice President, Deputy General Counsel,
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Corporate and Assistant Secretary
Date: August 3, 2007