Washington, DC 20549






Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported) January 20, 2012


Body Central Corp.

 (Exact name of registrant as specified in its charter)







(State or other jurisdiction
of incorporation)


File Number)


(IRS Employer
Identification No.)


6225 Powers Avenue

Jacksonville, FL



(Address of principal executive offices)


(Zip Code)


Registrant’s telephone number including area code: (904)- 737-0811


Not Applicable

(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230 .425)


o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 2.03     Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant


On January 20, 2012, Body Central Corp. (the “Company”) entered into a Line of Credit Agreement with Branch Banking and Trust Company.  The Line of Credit Agreement provides for a revolving line of credit facility (the “Facility”) in the amount of $5.0 million with an accordion feature that allows Branch Banking and Trust Company to increase the facility up to $20 million at its sole discretion. The Facility has a maturity date of May 5, 2013 and bears interest at the one month LIBOR rate plus 1.35% per annum, as adjusted monthly on the first day of each month, with a floor rate of 2.0%.  The Facility is secured by all of the assets of the Company.  The Line of Credit Agreement includes a financial covenant requiring the Company to have a Tangible Net Worth (as defined in the Line of Credit Agreement) of $30.0 million, measured quarterly, and other customary covenants.


The above summary is qualified in its entirety by reference to the Line of Credit Agreement, a copy of which will be filed as an exhibit to our Form 10-Q for the first fiscal quarter of 2012.






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 hereunto duly authorized.













January 24, 2012


/s/ Julia B. Davis


Julia B. Davis


Secretary and General Counsel