UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16
OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of March, 2018
Commission File Number: 001-32482
WHEATON PRECIOUS METALS CORP.
(Translation of registrant's name into English)
Suite 3500, 1021 West Hastings Street
Vancouver, British Columbia
V6E 0C3
(604) 684-9648
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
[ ] Form 20-F [ x ] Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
This report on Form 6-K shall be incorporated by reference into the registrant's Registration Statement on Form S-8 (File No. 333-128128) under the Securities Act of 1933, as amended.
DOCUMENTS FILED AS PART OF THIS FORM 6-K
See the Exhibit Index to this Form 6-K.
SIGNATURE
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.
WHEATON PRECIOUS METALS CORP. | ||
(Registrant) | ||
Date: March 22, 2018 | By: | /s/ Curt Bernardi |
Curt Bernardi | ||
Title: | Senior Vice President, Legal and Corporate Secretary |
EXHIBIT INDEX
99.1 | Fourth Amending Agreement |
Execution Version
WHEATON PRECIOUS METALS CORP.
as Borrower
- and -
THE BANK OF NOVA SCOTIA
as Co-Lead Arranger, Joint
Bookrunner and Administrative Agent
- and -
BANK OF MONTREAL
as Co-Lead Arranger, Joint
Bookrunner and Syndication Agent
- and -
CANADIAN IMPERIAL BANK OF COMMERCE,
ROYAL BANK OF
CANADA AND THE TORONTO-DOMINION BANK
as Co-Documentation Agents
- and -
THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., CANADA
BRANCH,
NATIONAL BANK OF CANADA AND HSBC BANK CANADA
as
Senior Managers
- and -
THE BANK OF NOVA SCOTIA, BANK OF MONTREAL, CANADIAN IMPERIAL
BANK OF COMMERCE, ROYAL BANK OF CANADA, THE TORONTO-DOMINION
BANK, THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., CANADA BRANCH,
EXPORT DEVELOPMENT CANADA, HSBC BANK CANADA, MIZUHO BANK, LTD.,
NATIONAL BANK OF CANADA AND BANK OF AMERICA, N.A., CANADA
BRANCH
as Lenders
FOURTH AMENDING AGREEMENT TO THE AMENDED AND RESTATED |
REVOLVING TERM FACILITY CREDIT AGREEMENT |
Dated as of February 27, 2018
Fourth Amending Agreement (RT)
FOURTH AMENDING AGREEMENT TO
AMENDED AND RESTATED
REVOLVING TERM FACILITY CREDIT AGREEMENT
THIS AGREEMENT dated as of the 27th day of February, 2018.
BETWEEN:
THE BANK OF NOVA SCOTIA, a Canadian chartered bank (herein, in its capacity as administrative agent for the Lenders, called the Administrative Agent)
- and -
WHEATON PRECIOUS METALS CORP.(formerly known as Silver Wheaton Corp.), a corporation continued under the laws of the Province of Ontario (herein called the Borrower)
- and -
THE SEVERAL LENDERS FROM TIME TO TIME PARTY TO THE CREDIT AGREEMENT (herein and therein in their capacities as lenders to the Borrower, collectively called the Lenders and individually called a Lender)
WHEREAS the Borrower, the Lenders and the Administrative Agent entered into an amended and restated credit agreement dated as of February 27, 2015, as amended by a first amending agreement dated as of November 20, 2015, by a second amending agreement dated as of March 18, 2016 and by a third amending agreement dated as of February 27, 2017 in connection with a certain credit facility in favour of the Borrower (the Credit Agreement);
AND WHEREAS the Borrower, the Lenders and the Administrative Agent hereto wish to amend certain provisions of the Credit Agreement;
NOW THEREFORE THIS AGREEMENT WITNESSES that, in consideration of the mutual covenants and agreements contained herein, the parties covenant and agree as follows:
Fourth Amending Agreement (RT)
- 2 -
ARTICLE 1
DEFINED TERMS
1.1 Capitalized Terms
All capitalized terms which are used herein without being specifically defined herein shall have the meanings ascribed thereto in the Credit Agreement.
ARTICLE 2
AMENDMENTS TO CREDIT AGREEMENT
2.1 General Rule
Subject to the terms and conditions herein contained, the Credit Agreement is hereby amended to the extent necessary to give effect to the provisions of this agreement and to incorporate the provisions of this agreement into the Credit Agreement.
2.2 Defined Terms
Section 1.1 of the Credit Agreement is hereby amended as follows:
(a) |
The definition of Maturity Date is hereby deleted in its entirety and replaced by the following: |
Maturity Date means February 27, 2023.
2.3 Lenders Commitments
Section 2.2 of the Credit Agreement is hereby amended by deleting the third sentence thereof and replacing it with the following: Each Lender shall provide to the Borrower its Pro Rata Share of each credit, whether such credit is extended by way of drawdown, rollover or conversion.
ARTICLE 3
REPRESENTATIONS AND WARRANTIES
3.1 Representations and Warranties
To induce the Lenders and the Administrative Agent to enter into this agreement, the Borrower hereby represents and warrants to the Lenders and the Administrative Agent that the representations and warranties of the Borrower which are contained in Section 10.1 of the Credit Agreement, as hereby amended, are true and correct on the date hereof as if made on the date hereof.
Fourth Amending Agreement (RT)
- 3 -
ARTICLE 4
CONDITION PRECEDENT
4.1 Conditions Precedent to Effectiveness of this Agreement
This agreement shall not become effective until the following conditions precedent are fulfilled:
(a) |
this agreement shall have been executed and delivered by each of the Borrower, the Administrative Agent and the Lenders; | |
(b) |
the attached acknowledgement and consent shall have been executed and delivered by each Guarantor to the Administrative Agent; | |
(c) |
the Borrower shall have paid to the Lenders and to The Bank of Nova Scotia and Bank of Montreal, in their respective capacities as co-lead arrangers of the Credit Facility (the Joint-Lead Arrangers) all fees and expenses required to be paid in connection with the fee letter of even date executed by the Borrower and the Joint-Lead Arrangers. |
ARTICLE 5
MISCELLANEOUS
5.1 No Default
The Borrower represents and warrants to and in favour of the Administrative Agent and the Lenders that no Default has occurred and is continuing as at the date this agreement becomes effective and no Default would arise immediately thereafter.
5.2 Future References to the Credit Agreement
On and after the date of this agreement, each reference in the Credit Agreement to this agreement, hereunder, hereof, or words of like import referring to the Credit Agreement, and each reference in any related document to the Credit Agreement, thereunder, thereof, or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement as amended hereby. The Credit Agreement, as amended hereby, is and shall continue to be in full force and effect and is hereby in all respects ratified and confirmed.
5.3 Governing Law
This agreement shall be governed by and construed in accordance with the laws of the Province of Ontario.
5.4 Enurement
This agreement shall enure to the benefit of and shall be binding upon the parties hereto and their respective successors and permitted assigns.
Fourth Amending Agreement (RT)
- 4 -
5.5 Conflict
If any provision of this agreement is inconsistent or conflicts with any provision of the Credit Agreement, the relevant provision of this agreement shall prevail and be paramount. This agreement shall not create any novation.
5.6 No Waiver
This agreement shall not limit, impair or constitute a waiver of the rights, powers or remedies available to the Administrative Agent or the Lenders under the Credit Agreement or any other Credit Document.
5.7 Credit Document
This agreement shall be deemed to be a Credit Document.
5.8 Further Assurances
The Borrower shall do, execute and deliver or shall cause to be done, executed and delivered all such further acts, documents and things as the Administrative Agent may reasonably request for the purpose of giving effect to this agreement and to each and every provision hereof.
5.9 Counterparts
This agreement may be executed in one or more counterparts, each of which shall be deemed to be an original and all of which taken together shall be deemed to constitute one and the same instrument.
[Remainder of page intentionally blank.]
Fourth Amending Agreement (RT)
IN WITNESS WHEREOF, the parties hereto have executed and delivered this agreement on the date first above written.
WHEATON PRECIOUS METALS CORP. |
By: | /s/ Gary D. Brown | |
Name: Gary D. Brown | ||
Title: Chief Financial Officer | ||
By: | ||
Name: | ||
Title: |
Fourth Amending Agreement (RT)
THE BANK OF NOVA SCOTIA, as Administrative Agent |
By: | /s/ Alastair Borthwick | |
Name: Alastair Borthwick | ||
Title: Managing Director | ||
By: | /s/ Agnes Podbielski | |
Name: Agnes Podbielski | ||
Title: Associate Director |
Fourth Amending Agreement (RT)
THE BANK OF NOVA SCOTIA, as Lender |
By: | /s/ Kurt Foellmer | |
Name: Kurt Foellmer | ||
Title: Director | ||
By: | /s/ Stephen MacNeil | |
Name: Stephen MacNeil | ||
Title: Associate Director |
Fourth Amending Agreement (RT)
BANK OF MONTREAL, as Lender |
By: | /s/ Jeremy Beadow | |
Name: Jeremy Beadow | ||
Title:Vice President | ||
By: | ||
Name: | ||
Title: |
Fourth Amending Agreement (RT)
CANADIAN IMPERIAL BANK OF COMMERCE, as Lender |
By: | /s/ Peter Rawlins | |
Name: Peter Rawlins | ||
Title: Managing Director | ||
By: | /s/ Jens Paterson | |
Name: Jens Paterson | ||
Title: Executive Director |
Fourth Amending Agreement (RT)
ROYAL BANK OF CANADA, as Lender |
By: | /s/ Stam Fountoulakis | |
Name: Stam Fountoulakis | ||
Title: Authorized Signatory | ||
By: | ||
Name: | ||
Title: |
Fourth Amending Agreement (RT)
THE TORONTO-DOMINION BANK, as Lender |
By: | /s/ Burke Smyth | |
Name: Burke Smyth | ||
Title: Managing Director | ||
By: | /s/ Ben Montgomery | |
Name: Ben Montgomery | ||
Title: Director |
Fourth Amending Agreement (RT)
THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., CANADA BRANCH, as Lender |
By: | /s/ Michael Quinn | |
Name: Michael Quinn | ||
Title: Director, CBB (RM) | ||
By: | ||
Name: | ||
Title: |
Fourth Amending Agreement (RT)
EXPORT DEVELOPMENT CANADA, as Lender |
By: | /s/ Philip Sauve | |
Name: Philip Sauve | ||
Title: Senior Associate | ||
By: | /s/ Shaun Enright | |
Name: Shaun Enright | ||
Title: Financing Manager |
Fourth Amending Agreement (RT)
HSBC BANK CANADA, as Lender |
By: | /s/ Doug Brandes | |
Name: Doug Brandes | ||
Title: Director Global Banking | ||
By: | /s/ Emma Amaya | |
Name: Emma Amaya | ||
Title: Associate Global Banking |
Fourth Amending Agreement (RT)
MIZUHO BANK, LTD., as Lender |
By: | /s/ Carmen Angelescu | |
Name: Carmen Angelescu | ||
Title: Director | ||
By: | ||
Name: | ||
Title: |
Fourth Amending Agreement (RT)
NATIONAL BANK OF CANADA, as Lender |
By: | /s/ Allan Fordyce | |
Name: Allan Fordyce | ||
Title: Managing Director | ||
By: | /s/ David Torrey | |
Name: David Torrey | ||
Title: Managing Director |
Fourth Amending Agreement (RT)
BANK OF AMERICA, N.A., CANADA BRANCH, as Lender |
By: | /s/ Marc Ahlers | |
Name: Marc Ahlers | ||
Title: Director | ||
By: | ||
Name: | ||
Title: |
Fourth Amending Agreement (RT)
ACKNOWLEDGEMENT AND CONSENT
The undersigned, each being a guarantor of the Borrowers Obligations under, inter alia, the Credit Agreement, hereby acknowledge, agree to and consent to the foregoing amendments to the Credit Agreement and hereby confirm their obligations under their respective Guarantee.
WHEATON PRECIOUS METALS INTERNATIONAL LTD. |
By: | /s/ Bill Koutsouras | |
Name: | Bill Koutsouras | |
Title: | Director | |
By: | ||
Name: | ||
Title: |
SILVER WHEATON LUXEMBOURG SARL |
By: | /s/ Giselle Passchier | |
Name: | Giselle Passchier | |
Title: | Manager A | |
By: | ||
Name: | ||
Title: |
WHEATON PRECIOUS METALS (CAYMAN) CO. |
By: | /s/ Ounesh Reebye | |
Name: | Ounesh Reebye | |
Title: | Director | |
By: | ||
Name: | ||
Title: |
Fourth Amending Agreement (RT)