-----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, PZRnmHE8W1uJ5XcYjsjFPCp++rBLBUXEc139MEJ8NYHfdp8PaskrfuvQX4vFKbn8 LAKhsBWhMaP1vTGK4phtYA== 0000950137-04-001319.txt : 20040227 0000950137-04-001319.hdr.sgml : 20040227 20040227170246 ACCESSION NUMBER: 0000950137-04-001319 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STARWOOD HOTELS & RESORTS CENTRAL INDEX KEY: 0000048595 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 520901263 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-106888 FILM NUMBER: 04636202 BUSINESS ADDRESS: STREET 1: 1111 WESTCHESTER AVENUE STREET 2: . CITY: WHITE PLAINS STATE: NY ZIP: 10604 BUSINESS PHONE: 9146408100 MAIL ADDRESS: STREET 1: 2231 E CAMELBACK RD STREET 2: STE 410 CITY: PHOENIX STATE: AZ ZIP: 85016 FORMER COMPANY: FORMER CONFORMED NAME: STARWOOD LODGING TRUST DATE OF NAME CHANGE: 19950215 FORMER COMPANY: FORMER CONFORMED NAME: HOTEL INVESTORS TRUST /MD/ DATE OF NAME CHANGE: 19930506 FORMER COMPANY: FORMER CONFORMED NAME: HOTEL INVESTORS TRUST DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STARWOOD HOTEL & RESORTS WORLDWIDE INC CENTRAL INDEX KEY: 0000316206 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 521193298 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-106888-01 FILM NUMBER: 04636201 BUSINESS ADDRESS: STREET 1: 1111 WESTCHESTER AVENUE CITY: WHITE PLAINS STATE: NY ZIP: 10604 BUSINESS PHONE: 9146408100 MAIL ADDRESS: STREET 1: 2231 E CAMELBACK RD. 4TH FL STREET 2: SUITE 4O0 CITY: PHOENIX STATE: AZ ZIP: 85016 FORMER COMPANY: FORMER CONFORMED NAME: STARWOOD LODGING CORP DATE OF NAME CHANGE: 19950215 FORMER COMPANY: FORMER CONFORMED NAME: HOTEL INVESTORS CORP DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SHERATON HOLDING CORP CENTRAL INDEX KEY: 0001001149 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS, ROOMING HOUSE, CAMPS & OTHER LODGING PLACES [7000] IRS NUMBER: 880340591 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-106888-02 FILM NUMBER: 04636200 BUSINESS ADDRESS: STREET 1: 1330 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2122581000 MAIL ADDRESS: STREET 1: 1330 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: ITT CORP /NV/ DATE OF NAME CHANGE: 19951222 FORMER COMPANY: FORMER CONFORMED NAME: ITT DESTINATIONS INC DATE OF NAME CHANGE: 19950920 424B3 1 c83297b3e424b3.htm PROSPECTUS SUPPLEMENT e424b3
 

Filed Pursuant to Rule 424(b)(3)
File Nos. 333-106888, 333-106888-01
and 333-106888-02

PROSPECTUS SUPPLEMENT NO. 8
(To Prospectus dated July 21, 2003)

$360,000,000

Starwood Hotels & Resorts
Worldwide, Inc.

3.50% Convertible Senior Notes due 2023 and
Shares Issuable upon Conversion of the Notes
________________

     This prospectus supplement supplements our prospectus dated July 21, 2003, as supplemented on July 31, 2003, August 29, 2003, September 29, 2003, October 29, 2003, November 28, 2003, December 30, 2003, and January 29, 2004, relating to the offer and sale from time to time by certain of our securityholders of up to $360,000,000 aggregate principal amount of our 3.50% Convertible Senior Notes due 2023 and the Shares issuable upon conversion of the notes. Each Share consists of one share of our common stock and one Class B share of beneficial ownership of our subsidiary, Starwood Hotels & Resorts. The terms of the notes are set forth in the prospectus dated July 21, 2003.

     This prospectus supplement should be read in conjunction with, and may not be delivered or utilized without, the prospectus and the previous prospectus supplements. This prospectus supplement is qualified by reference to the prospectus and the previous prospectus supplements, except to the extent that the information in this prospectus supplement supersedes the information contained in the prospectus or in the previous prospectus supplements.

     The following table sets forth information, as of the date of this prospectus supplement, relating to the beneficial ownership of the notes and Shares by each selling securityholder. The selling securityholders may have sold, transferred or otherwise disposed of all or any portion of their notes or Shares or acquired additional notes since the date on which they provided this information to us.

     The table below supplements or amends the table of selling securityholders contained under the heading “Selling Securityholders” in the prospectus and the previous prospectus supplements. Where the name of a selling securityholder identified in the table below also appears in the table in the prospectus or the previous prospectus supplements, the information set forth in the table below regarding that selling securityholder supersedes the information in the prospectus or the previous prospectus supplements.

                                 
    Aggregate Principal                    
    Amount of                   Percentage of
    Notes That   Percentage of Notes   Number of Shares   Shares
Name
  May Be Sold(1)
  Outstanding
  That May Be Sold(2)
  Outstanding(3)
CNH CA Master Account, L.P.
  $ 2,000,000       *       40,000       *  
 
GAIA Offshore Master Fund LTD.
    10,130,000       2.81 %     202,600       *  
 
J.P. Morgan Securities Inc.(4)
    2,000,000       *       40,000       *  
 
LYXOR and GAIA II Fund LTD.
    2,700,000       *       54,000       *  


*   Less than one percent (1%).

 


 

(1)   When taken together with the selling securityholder table in the prospectus and the previous prospectus supplement, the aggregate principal amount held by selling securityholders listed in this prospectus supplement is more than $360,000,000 because some of the selling securityholders may have transferred notes pursuant to Rule 144A or otherwise reduced their positions prior to selling pursuant to the registration statement of which the prospectus, the previous prospectus supplement and this prospectus supplement form a part. The maximum aggregate principal amount of notes that may be sold under the prospectus, the previous prospectus supplement and this prospectus supplement will not exceed $360,000,000.
 
(2)   The numbers of Shares beneficially owned and being offered, as set forth in the table, have been determined in accordance with Rule 13d-3 under the Exchange Act, include the Shares into which the notes are convertible, and assume a conversion price of $50.00 per Share and the payment of cash in lieu of fractional shares. In addition, the conversion rate of the notes may be adjusted under certain circumstances which will change the number of Shares received upon conversion. See “Description of the Notes - Conversion Rights” in the prospectus dated July 21, 2003.
 
(3)   Calculated based on Rule 13d-3(d)(i) of the Exchange Act using 203,623,836 Shares outstanding as of February 23, 2004. In calculating this amount for each holder, we treated as outstanding the number of Shares issuable upon conversion of all of that holder’s notes, but we did not assume conversion of any other holder’s notes. Does not include Shares that may be issued by us upon redemption or purchase of the notes by us at the option of the holder.
 
(4)   J.P. Morgan Securities Inc., was co-manager for our offering of the notes. Additionally, J.P. Morgan Securities Inc. and its affiliates are currently performing and have in the past performed various investment banking, general financing and advisory services for us and our affiliates for which they receive customary fees and expenses. J.P. Morgan Chase Bank, an affiliate of J.P. Morgan Securities Inc., is the syndication agent under our senior credit facility.

     To our knowledge, none of the selling securityholders has had any material relationship with us or any of our affiliates within the past three years other than as a result of ownership of notes and/or Shares or as previously disclosed or as otherwise set forth above.

     Investing in the notes and Shares involves risks. See “Risk Factors” beginning on page 6 of the prospectus dated July 21, 2003 and the risk factors contained in our Joint Annual Report on Form 10-K for the year ended December 31, 2002, as amended by our Joint Annual Report on Form 10-K/A filed with the Securities and Exchange Commission on July 7, 2003, which is incorporated by reference into the prospectus.

     Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus supplement or the accompanying prospectus. Any representation to the contrary is a criminal offense.

________________

This prospectus supplement is dated February 27, 2004.

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