-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, J5hElXOI8ez/1Rn0dD/a4o0V2t5pcWCIQEy2L80HNCIT8nNG4D2iHGhmeIsHKFZY ZJDttWAdEvZqydqN0IKTSA== 0001144204-06-013239.txt : 20060331 0001144204-06-013239.hdr.sgml : 20060331 20060331171154 ACCESSION NUMBER: 0001144204-06-013239 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20060331 FILED AS OF DATE: 20060331 DATE AS OF CHANGE: 20060331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FAIRMONT HOTELS & RESORTS INC CENTRAL INDEX KEY: 0001030561 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 980161783 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14574 FILM NUMBER: 06729942 BUSINESS ADDRESS: STREET 1: 100 WELLINGTON STREET W STREET 2: SUITE 1600 CP TOWER TD CTR CITY: TORONTO ONTARIO STATE: A6 ZIP: 00000 BUSINESS PHONE: 4168742847 FORMER COMPANY: FORMER CONFORMED NAME: CANADIAN PACIFIC LTD/ DATE OF NAME CHANGE: 19970113 6-K 1 v039453_6-k.htm

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF

THE SECURITIES EXCHANGE ACT OF 1934


For the month of March 2006


Fairmont Hotels & Resorts Inc.

(Translation of Registrant’s Name Into English)

Canadian Pacific Tower, Ste 1600,100 Wellington Street W., Toronto, Ontario M5K 1B7, Canada

(Address of Principal Executive Offices)

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F o     Form 40-F x 


(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

Yes o     No x

(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-________.

This report furnished on Form 6-K shall be incorporated by reference into each of the Registration Statements under the Securities Act of 1933 of the registrant:
Form S-8 No.333-13960.




Page 1 of 2 Pages
Exhibits Index appears on Page 3




SIGNATURES

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.

       
 
FAIRMONT HOTELS & RESORTS INC.
(Registrant)
 
 
 
 
 
 
 
 
Date: March 31, 2006                                         By:  /s/ Stuart M. Miller                                           
 
Name:  Stuart M. Miller
Title:  Executive Director,
Corporate Services and
Compliance and Corporate 
Secretary
 

 

 
Exhibits Index

The following is a list of Exhibits included as part of this Report on Form 6-K.

Exhibit No.
Description of Exhibits
 
     
99.1
Fairmont Mails Notice to Holders of Its Convertible Senior Notes
 
     
99.2
Notice to Holders of 3.75% Convertible Senior Notes Due 2023 of Fairmont Hotels & Resorts Inc.
 
     


 
 
EX-99.1 2 v039453_ex99-1.htm



For immediate release


FAIRMONT MAILS NOTICE TO HOLDERS OF ITS CONVERTIBLE SENIOR NOTES

TORONTO, March 31, 2006 – Fairmont Hotels & Resorts Inc. ("Fairmont") (TSX/NYSE: FHR) today mailed a notice to the holders of its 3.75% Convertible Senior Notes due 2023 containing information regarding the proposed acquisition of Fairmont by a newly formed company owned by affiliates of Kingdom Hotels International and Colony Capital, LLC. The notice addresses the substitution of cash for the Fairmont common shares that would have been issuable upon the conversion of the Notes following the effective time of the transactions contemplated in connection with the proposed acquisition of Fairmont. This substitution will be effected on the same terms that the outstanding Fairmont common shares will be purchased for cash, pursuant to the transactions contemplated in connection with the proposed acquisition. A copy of the notice is being filed with the applicable regulatory authorities in the United States and Canada and may be obtained from their respective websites: www.sec.gov and www.sedar.com. The notice will also be available on Fairmont’s website at www.fairmontinvestor.com.
 
About Fairmont Hotels & Resorts Inc.
Fairmont is a leading owner/operator of luxury hotels and resorts. Fairmont's managed portfolio consists of 87 luxury and first-class properties with approximately 33,500 guestrooms in the United States, Canada, Mexico, Bermuda, Barbados, United Kingdom, Monaco, Kenya and the United Arab Emirates as well as two vacation ownership properties managed by Fairmont Heritage Place. Fairmont owns Fairmont Hotels Inc., North America's largest luxury hotel management company, as measured by rooms under management, with 49 distinctive city center and resort hotels including The Fairmont San Francisco, The Fairmont Banff Springs and The Fairmont Scottsdale Princess. Fairmont also owns Delta Hotels, Canada's largest first-class hotel management company, which manages and franchises 38 city center and resort properties in Canada. In addition to hotel management, Fairmont holds real estate interests in 21 properties and an approximate 24% investment interest in Legacy Hotels Real Estate Investment Trust, which owns 24 properties. Fairmont owns FHP Management Company LLC, a private residence club management company that operates Fairmont Heritage Place, a vacation ownership business.
 
- 30 -

Contact:
Emma Thompson
Executive Director Investor Relations
Tel: 1.866.627.0642
Email: investor@fairmont.com
Website: www.fairmontinvestor.com
 

 
 
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Exhibit No. 99.2

March 31, 2006



To:
Holders of 3.75% Convertible Senior Notes Due 2023 of Fairmont Hotels & Resorts Inc.
(CUSIP Nos. 305204 AA 7 and 305204 AB 5)
 
We are writing to all holders of 3.75% Convertible Senior Notes Due 2023 (the "Notes") of Fairmont Hotels & Resorts Inc. ("Fairmont") to provide you with notification of certain matters relating to the recently announced plans of a newly formed Nova Scotia company (the "Purchaser") owned by affiliates of Kingdom Hotels International and Colony Capital, LLC to acquire all of the outstanding common shares of Fairmont. Capitalized terms used herein and not defined, shall have the meanings assigned to such terms in the Indenture, dated as of December 8, 2003, between Fairmont and The Bank of New York, as Trustee (the "Indenture"), which governs the terms of the Notes.
 
 
Execution of Acquisition Agreement
 
On January 29, 2006, Fairmont entered into an acquisition agreement (the "Acquisition Agreement") with the Purchaser providing for the acquisition of all of the outstanding common shares of Fairmont pursuant to a plan of arrangement under Canadian law (the "Arrangement"). In accordance with the Arrangement, each outstanding common share of Fairmont will, at the effective time of the Arrangement, be transferred to the Purchaser for consideration equal to US$45.00 in cash.
 
 
The terms of the Acquisition Agreement, including the conditions of the respective parties' obligation to effect the transactions contemplated thereby, are described in greater detail in the management information circular which has been prepared in connection with the special meeting of shareholders to be held on April 18, 2006 for shareholders to consider and vote upon the Arrangement. The management information circular is available on Fairmont’s website at www.fairmontinvestor.com, www.sedar.com and www.sec.gov. If you would like to receive a copy of the management information circular, please notify Fairmont at: Fairmont Hotels & Resorts Inc., Canadian Pacific Tower, Suite 1600, P.O. Box 40, Toronto Dominion Centre, 100 Wellington Street West, Toronto, Ontario M5K 1B7 Canada (Attention: Executive Director, Corporate Services and Compliance and Corporate Secretary).
 
 
Anticipated Effective Date of Arrangement
 
It is Fairmont's current expectation that the Arrangement will become effective in early May 2006, subject to the timely satisfaction or waiver of all conditions to closing. The respective parties' obligations to consummate the transactions contemplated by the Acquisition Agreement are subject to approval of the Arrangement by Fairmont shareholders at a special meeting to be held on April 18, 2006 and, thereafter, by the court in Canada (as required under Canadian law), as well as the satisfaction or waiver of the other conditions specified in the Acquisition Agreement. Accordingly, no assurance can be given at this time as to the closing of the transaction or the timing thereof. Immediately following the effective time of the Arrangement, Fairmont shareholders will be entitled to surrender their common shares and receive the agreed upon consideration of US$45.00 in cash for each common share.
 
 
 

 
 
Conversion Rights
 
The transactions contemplated by the Acquisition Agreement will constitute a "Reorganization" and a "Designated Event" under the terms of the Indenture. As a result, holders of Notes will be entitled, subject to the terms of the Indenture, to convert any Notes held commencing on the fifteenth day prior to the date upon which the Arrangement is expected to become effective. As required by the Indenture, Fairmont will issue a press release at least two business days prior to the date on which the Notes initially become convertible indicating the determination by Fairmont's Board of Directors of the anticipated effective date for the Arrangement, as well as the first date on which the Notes become convertible.
 
 
Consideration Issuable Upon Conversion
 
At the time the Notes initially become convertible, each US$1,000 principal amount of Notes will be convertible into 26.5041 common shares of Fairmont. Following the effective time of the Arrangement and so long as the Notes are convertible, Fairmont, as permitted under the Indenture, intends to satisfy any conversion of the Notes by way of a cash payment in the amount of US$1,192.68 for each US$1,000 principal amount of Notes converted. US$1,192.68 represents the amount obtained by multiplying US$45.00, which is the per share consideration payable in the Arrangement, by the number of common shares of Fairmont into which US$1,000 principal amount of Notes would have been convertible immediately prior to the effective time of the Arrangement. In accordance with the Indenture, the Notes will remain convertible following the effective date of the Arrangement until the date on which Notes tendered pursuant to the offer to purchase (described in the next paragraph), which is to be commenced by Fairmont following the effective date of the Arrangement, are accepted for payment.
 
 
Fairmont's Obligation to Offer to Acquire the Notes following the Effective Date
 
Within 30 business days following the effective date of the Arrangement, Fairmont is required, pursuant to the Indenture, to make an offer to purchase any Notes then outstanding at a purchase price of US$1,000 for each US$1,000 principal amount of Notes, plus accrued interest to the date of purchase (but excluding the date of purchase).
 
 
 

 
 
Information Regarding Interest
 
June 1, 2006 is the next interest payment date under the Indenture. Such interest will be payable to all holders of record as of May 15, 2006.
 
 
Purchaser's Offer to Acquire Notes
 
On March 31, 2006, the Purchaser commenced an offer to acquire any and all outstanding Notes directly from the holders of the Notes. As described in the Purchaser's offering documents, the offer is designed to provide holders with an opportunity to sell their Notes and receive consideration equal to the consideration payable in the Arrangement with respect to the number of common shares into which the Notes would be convertible immediately prior to the effective time of the Arrangement (without having to convert the Notes) plus an amount equal to the interest on the Notes through to June 1, 2006, or in certain circumstances, a later date. The Purchaser has distributed materials relating to its offer directly to Note holders. The Purchaser has informed Fairmont that holders may contact Global Bondholder Services Corporation, the information agent for Purchaser's offer, at (866) 470-3700 if they would like to receive a copy of Purchaser's offering materials. Fairmont urges you to read those offering materials carefully before making any decisions with regard to the Notes. As described in those materials, neither Fairmont nor its Board of Directors has made any recommendation with respect to the Purchaser's offer for the Notes. Each Note holder should make its own decision with respect thereto.
 
 
* * *
 
 
If you have any questions, please contact Fairmont Investor Relations at (866) 627-0642. If you require a copy of any of the materials referenced in this letter, please contact the Executive Director, Corporate Services and Compliance and Corporate Secretary of Fairmont at the address specified above.
 
Sincerely,



Stuart M. Miller
Executive Director, Corporate
Services and Compliance and
Corporate Secretary
 
 
 
 

 

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