
19.	SUBSEQUENT EVENTS

On October 29, 2013, we and certain of our subsidiaries, as guarantors, entered into a First Amended and Restated Loan and Security Agreement (the “2013 Loan Agreement”) with the Lenders and the Administrative Agent, which amended and restated our 2012 Credit Agreement. The 2013 Loan Agreement, among other things, provides for an increase, upon the consummation of a qualifying refinancing of our 2013 Notes (a “Senior Notes Refinancing”), of the Revolving Commitment from $102.5 million to $125.0 million. The expiration date of the 2013 Loan Agreement is July 1, 2015, which, upon a Senior Notes Refinancing (if any) will be extended to the date that is the earlier of (i) October 29, 2018 and (ii) 60 days prior to the maturity of the indebtedness incurred in a Senior Notes Refinancing (the “Senior Notes Refinancing Debt”). The principal amount of the Senior Notes Refinancing Debt may not exceed $300 million; provided that if the amount of the Senior Notes Refinancing Debt is greater than $200 million, our pro forma leverage ratio for the most recent trailing twelve-month period must be no greater than 4.25 to 1.0 and the Senior Notes Refinancing Debt must mature six months outside the expiration date of the 2013 Loan Agreement.

On November 7, 2013, we announced that we commenced an offering of $200 million aggregate principal amount of senior secured notes due 2020 (the “2020 Notes”) in a private placement solely to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), or outside the United States to persons other than “U.S. persons” in compliance with Regulation S under the Securities Act. The 2020 Notes will be guaranteed on a senior secured basis by our existing and future restricted subsidiaries that guarantee obligations under our Revolving Commitment or that guarantee certain of our other indebtedness or certain indebtedness of the guarantors. We intend to use proceeds from the offering to repay all of the outstanding borrowings under our 2013 Loan Agreement, to redeem or otherwise retire all of our outstanding 2013 Notes, and for general corporate purposes. We expect the offering to close in November 2013, subject to market conditions and customary closing conditions. The consummation of the 2020 Notes offering would be a Senior Notes Refinancing under the 2013 Loan Agreement.