0001062993-18-001309.txt : 20180322 0001062993-18-001309.hdr.sgml : 20180322 20180322142440 ACCESSION NUMBER: 0001062993-18-001309 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180322 FILED AS OF DATE: 20180322 DATE AS OF CHANGE: 20180322 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Wheaton Precious Metals Corp. CENTRAL INDEX KEY: 0001323404 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32482 FILM NUMBER: 18706533 BUSINESS ADDRESS: STREET 1: SUITE 3500 STREET 2: 1021 WEST HASTINGS STREEET CITY: VANCOUVER STATE: A1 ZIP: V6E 0C3 BUSINESS PHONE: 604 684 3123 MAIL ADDRESS: STREET 1: SUITE 3500 STREET 2: 1021 WEST HASTINGS STREEET CITY: VANCOUVER STATE: A1 ZIP: V6E 0C3 FORMER COMPANY: FORMER CONFORMED NAME: Silver Wheaton Corp. DATE OF NAME CHANGE: 20050411 6-K 1 form6k.htm FORM 6-K WHEATON PRECIOUS METALS CORP.: Form 6-K - Filed by newsfilecorp.com

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

 


EX-99.1 2 exhibit99-1.htm EXHIBIT 99.1 Wheaton Precious Metals Corp. - Exhibit 99.1 - Filed by newsfilecorp.com

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 Borrower’s 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)