-----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, R74rBn2oWg1SmXhi83oeJdc/rwaNbzEENncxdpy8C13M3X0/xyoODdxqlRnNWanL VY/21OyioI1Iv2t9H0DblA== 0001104659-06-045215.txt : 20060705 0001104659-06-045215.hdr.sgml : 20060704 20060705070040 ACCESSION NUMBER: 0001104659-06-045215 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060628 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant FILED AS OF DATE: 20060705 DATE AS OF CHANGE: 20060705 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ISTAR FINANCIAL INC CENTRAL INDEX KEY: 0001095651 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15371 FILM NUMBER: 06941272 BUSINESS ADDRESS: STREET 1: 1114 AVENUE OF THE AMERICAS 27TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2129309494 MAIL ADDRESS: STREET 1: 1114 AVENUE OF THE AMERICAS 27TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: STARWOOD FINANCIAL INC DATE OF NAME CHANGE: 19990923 8-K 1 a06-14702_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

CURRENT REPORT

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

 

Date of Report (Date of earliest event reported):  June 28, 2006

 

 

iStar Financial Inc.

(Exact name of registrant as specified in its charter)

 

Maryland

 

1-15371

 

95-6881527

(State or other jurisdiction of

 

(Commission File

 

(IRS Employer

incorporation)

 

Number)

 

Identification Number)

 

 

 

 

 

 

 

 

 

 

1114 Avenue of the Americas, 27th Floor

 

 

New York, New York

 

10036

(Address of principal executive offices)

 

(Zip Code)

 

 

Registrant’s telephone number, including area code:  (212) 930-9400

 

N/A

(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 (see General Instruction A.2. below):

·                     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 1.01                   Entry into a Material Definitive Agreement.

On June 28, 2006, iStar Financial Inc. amended and restated its existing unsecured revolving credit facility with joint lead arrangers J.P. Morgan Securities Inc. and Banc of America Securities LLC. The original unsecured credit facility agreement, dated as of April 19, 2004, was included as an exhibit to the Registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2004 filed on May 10, 2004. The Amended and Restated Facility will, among other things:  (i) modify the principal amount of the facility to $2.2 billion from $1.5 billion; (ii) extend the maturity of the facility to June 2011; (iii) lower the interest rate to LIBOR + 0.525% from LIBOR + 0.70%; and (iv) lower the annual facility fee to 12.5 basis points from 15.0 basis points.

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

As discussed in Item 1.01 above, effective June 28, 2006, the Registrant amended and restated its existing unsecured credit facility. The information reported in Item 1.01 above is incorporated herein by reference.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

iSTAR FINANCIAL INC.

 

 

 

 

 

 

 

 

 

Date:   June 29, 2006

By:

/s/ Jay Sugarman

 

 

 

Jay Sugarman

 

 

 

Chairman and Chief Executive Officer

 

 

 

 

 

 

 

 

 

Date:   June 29, 2006

By:

/s/ Catherine D. Rice

 

 

 

Catherine D. Rice

 

 

 

Chief Financial Officer

 

 

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