AOL INC. (AOL)

[harr449]

08/19/2014 FORM 8-K

Item 1.01 Entry into a Material Definitive Agreement.

Indenture and the Notes

On August 13, 2014, AOL Inc. (the “Company”) agreed to sell to Goldman, Sachs & Co. (“Goldman Sachs”) and J.P. Morgan Securities LLC (“J.P. Morgan”) as representatives of the several purchasers (the “Initial Purchasers”), and the Initial Purchasers agreed to purchase from the Company, $330 million aggregate principal amount of the Company’s 0.75% Convertible Senior Notes due 2019 (the “Notes”) pursuant to a Purchase Agreement (the “Purchase Agreement”) between the Company and Goldman Sachs and J.P. Morgan. The Purchase Agreement also granted to the Initial Purchasers an over-allotment option to purchase up to an additional $49.5 million aggregate principal amount of Notes.

The Initial Purchasers subsequently exercised their option in full and the closing of the sale of $379.5 million aggregate principal amount of Notes occurred on August 14, 2014.

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