UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DCD.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of ~~Report~~report (Date of ~~earliest~~Earliest ~~event~~Event ~~reported~~Reported): ~~September~~November 267, 2007

RBS GLOBAL, INC. REXNORD LLC (Exact ~~name~~Name of Registrant as ~~specified~~Specified in ~~its~~Its ~~charter~~Charter) (formerly Rexnord Corporation) (Exact ~~name~~Name of Registrant as ~~specified~~Specified in ~~its~~Its ~~charter~~Charter)

Delaware Delaware (State of Incorporation) (State of Incorporation)


Delaware		Delaware
(State of Incorporation or Organization)		(State of Incorporation or Organization)

333-102428		033-25967
(Commission File Numbers)

01-0752045		04-3722228
(I.R.S. Employer Identification No.)		(I.R.S. Employer Identification No.)

4701 West Greenfield Avenue, Milwaukee, Wisconsin		53214
(Address of Principal Executive Offices)		(ZIP Code)

333-102428 033-25967-01 (Commission File Numbers)

01-0752045		04-3722228
(I.R.S. Employer Identification No.)		(I.R.S. Employer Identification No.)

4701 Greenfield Avenue Milwaukee, Wisconsin		53214
(Address of principal executive offices)		(Zip Code)

(414) 643-3000

(Registrant’s telephone number, including area code)

(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:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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

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

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

Item 1 2.0102. ~~Entry~~Results ~~into~~of aOperations ~~Material~~and ~~Definitive~~Financial ~~Agreement~~Condition.

OnThe ~~September~~Co-Registrants are filing this Current Report on Form 268-K to furnish the earnings release of Rexnord LLC dated November 7, 2007, ~~RBS~~regarding second ~~Global~~fiscal quarter financial results, ~~Inc~~which is attached hereto as Exhibit 99.1. ~~(“RBS~~The ~~Global~~information in this Item, including Exhibit 99.1, is “furnished”) and ~~Rexnord~~shall ~~LLC,~~not ~~through~~be ~~certain~~deemed to be “filed” for purposes of Section 18 ~~their~~of ~~subsidiaries~~the Securities Exchange Act of 1934 or otherwise subject to the liability of that section, ~~entered~~nor ~~into~~shall anit ~~accounts~~be ~~receivable~~deemed ~~securitization~~to ~~facility~~be (incorporated by reference in any filing under the ~~“Securitization”)~~Securities ~~with~~Act ~~General~~of ~~Electric~~1933 ~~Capital~~or ~~Corporation~~the Securities Exchange Act of ~~(“GECC”)~~1934, asregardless ~~more~~of ~~fully~~any ~~described~~general ~~below~~incorporation language in such filing.

As part of the Securitization, Rexnord Industries, LLC, Zurn Industries, LLC and Zurn PEX, Inc. (collectively, the “Originators”), have agreed, pursuant to a Receivables Sale and Servicing Agreement dated SeptemberItem 26, 2007 (the “Sale Agreement”) to sell all of their existing and future accounts receivable and related assets to Rexnord Funding LLC (“Rexnord Funding”) in exchange for cash and subordinated notes9. ~~The Originators and Rexnord Funding intend the transactions contemplated by the Sales Agreement to be true sales to Rexnord Funding by the respective Originators~~01. ~~All of the Originators and Rexnord Funding are direct or indirect wholly owned subsidiaries of RBS Global~~Exhibits. ~~Rexnord Funding is a special-purpose subsidiary newly formed to facilitate the Securitization.~~

Concurrently with the execution of the Sale Agreement, Rexnord Funding entered into a Receivables Funding and Administration Agreement (the “Funding Agreement”) with GECC. Pursuant to the Funding Agreement, Rexnord Funding granted GECC a security interest in all of its current and future receivables and related assets in exchange for a credit facility permitting borrowings of up to a maximum aggregate amount of $100 million outstanding from time to time. Such borrowings will be used by Rexnord Funding to finance purchases of accounts receivable from the Originators pursuant to the Sale Agreement.


Exhibit No.		Description
99.1		Earnings Release dated November 7, 2007

~~The~~This ~~amount~~exhibit ofis ~~advances~~furnished ~~available~~pursuant ~~under the Funding Agreement at any time will be determined based on advance rates relating~~ to the value of the receivables held by Rexnord Funding at that time. Advances will bear interest based on the London Interbank Offered Rate (LIBOR) plus an applicable margin. All advances are to be repaid in full by SeptemberItem ~~26, 2012 unless the maturity date is otherwise accelerated~~2.02 Rexnord Funding will also pay a fee to GECC based on any unused portion of the Securitization facility, in addition to other customary fees associated with financings of this type. The Funding Agreement contains representations and ~~warranties,~~ ~~affirmative~~shall ~~and~~not ~~negative~~be ~~covenants,~~deemed ~~and events of default that are customary for financings of this type. Although currently unrated, GECC has the right~~ to ~~seek a rating for all or a portion of the aggregate borrowings under the~~be ~~Securitization~~“filed.”

~~The~~2 Securitization constitutes a “Permitted Receivables Financing” under Article 1 and Article 6 of RBS Global’s existing credit agreement and a “Qualified Receivables Financing” under Article 1 and Article 4 of the indentures governing the senior and senior subordinated notes of RBS Global and Rexnord LLC.

The summary of the Securitization described above is qualified in its entirety by reference to the Sale Agreement and the Funding Agreement attached hereto as Exhibits 10.1 and 10.2, respectively, and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

Exhibit No.		Description
10.1		Receivables Sale and Servicing Agreement, dated September 26, 2007, by and among the Originators, Rexnord Industries, LLC as Servicer, and Rexnord Funding LLC.
10.2		Receivables Funding and Administration Agreement, dated September 26, 2007, by and among Rexnord Funding LLC and General Electric Capital Corporation.

SIGNATURES

Pursuant to the requirements of ~~Section 13 of~~ the Securities Exchange Act of 1934, as amended, the Co-~~registrant~~Registrant has duly caused this report to be signed on its behalf by the undersigned ~~thereunto~~hereunto duly authorized this ~~1st~~7th day of ~~October~~November, 2007.

REXNORD LLC ByBY: /s/ ~~George~~GEORGE C. ~~Moore~~MOORE George C. Moore Executive Vice President and Chief Financial Officer

RBS GLOBAL, INC. ByBY: /s/ ~~George~~GEORGE C. ~~Moore~~MOORE George C. Moore Executive Vice President and Chief Financial Officer

EXHIBIT LIST


Exhibit No.		Description
99.1		Earnings Release dated November 7, 2007

Filing Compare · RBS GLOBAL INC