Franklin Electric, Prudential Insurance amend note purchase agreement

By Lisa Kerner

Charlotte, N.C., Jan. 2 - Franklin Electric Co., Inc. entered into a fifth amendment of its second amended and restated note purchase and private shelf agreement dated Sept. 9, 2004 with Prudential Investment Management, Inc., Prudential Insurance Co. of America and affiliates.

The amendment extends the effective date to Dec. 31, 2015, or if such date is not a business day, the business day next preceding such date, according to a form 8-K filed Wednesday with the Securities and Exchange Commission.

Franklin Electric is a Bluffton, Ind.-based provider of water and fueling systems.

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