-----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, E4z0WEzIddc4JDmKD+dXIfap2pqTUhQBz7Ie9XcgWCpwRY0SA4ufjhiMfol48gVW mX4Fi8HtRm47+oRfhnwmVQ== 0000950152-03-006499.txt : 20030723 0000950152-03-006499.hdr.sgml : 20030723 20030627171613 ACCESSION NUMBER: 0000950152-03-006499 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030627 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030627 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLE NATIONAL CORP /DE/ CENTRAL INDEX KEY: 0000769644 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] IRS NUMBER: 341453189 STATE OF INCORPORATION: DE FISCAL YEAR END: 0130 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12814 FILM NUMBER: 03762073 BUSINESS ADDRESS: STREET 1: 5915 LANDERBROOK DR CITY: MAYFIELD HEIGHTS STATE: OH ZIP: 44124 BUSINESS PHONE: 4404494100 MAIL ADDRESS: STREET 1: 5915 LANDERBROOK DRIVE STREET 2: SUITE 300 CITY: CLEVELAND STATE: OH ZIP: 44124 FORMER COMPANY: FORMER CONFORMED NAME: CNC HOLDING CORP/DE DATE OF NAME CHANGE: 19920703 8-K 1 l01672ae8vk.txt COLE NATIONAL CORPORATION 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 27, 2003 COLE NATIONAL CORPORATION ------------------------- (Exact Name of Registrant as Specified in Charter) Delaware 1-12814 34-1453189 - ---------------------------- ------------------------ ------------------- (State or Other Jurisdiction (Commission File Number) (IRS Employer of Incorporation) Identification No.) 5915 Landerbrook Drive Mayfield Heights, Ohio 44124 ---------------------------------------- ---------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (440) 449-4100 N/A ------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) ITEM 5. OTHER EVENTS On June 27, 2003, Cole National Corporation (the "Company"), issued a press release, announcing that it has amended, restated and extended its Credit Agreement with its bank lenders. The complete press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (a) Not applicable. (b) Not applicable. (c) Exhibits. 99.1 Press release of Cole National Corporation, dated June 27, 2003 -2- SIGNATURE 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. COLE NATIONAL GROUP, INC. By: /s/ Lawrence E. Hyatt ------------------------------------ Name: Lawrence E. Hyatt Title: Executive Vice President and Chief Financial Officer Dated: June 27, 2003 -3- EXHIBIT INDEX Exhibit Number Description 99.1 Press Release of Cole National Corporation, dated June 27, 2003 -4- EX-99.1 3 l01672aexv99w1.txt EX-99.1 CREDIT AGREEMENT EXHIBIT 99.1 COLE NATIONAL AMENDS AND EXTENDS CREDIT AGREEMENT CLEVELAND, Ohio, June 27, 2003 - Cole National Corporation (NYSE: CNJ) announced today that it has amended, restated and extended its Credit Agreement with its bank lenders. The maturity date of the credit facility was extended to February 1, 2007 from May 31, 2006. The size of the facility was adjusted to $60 million from $75 million. In addition, certain financial covenants, including the maximum leverage coverage test, were amended. As of May 3, 2003, the end of the Company's first quarter for fiscal 2003, commitments outstanding under Cole National's letters of credit totaled $11.5 million. There were no working capital borrowings outstanding at any time during the first quarter. ABOUT COLE NATIONAL Cole National Corporation's vision business, together with Pearle franchisees, has 2,180 locations in the U.S., Canada, Puerto Rico and the Virgin Islands, and includes Cole Managed Vision, one of the largest managed vision care benefit providers with multiple provider panels and nearly 20,000 practitioners. Cole's personalized gift business, Things Remembered, serves customers through 761 locations nationwide, catalogs, and the Internet at WWW.THINGSREMEMBERED.COM. Cole also has a 21% interest in Pearle Europe, which has 1,166 optical stores in Austria, Belgium, Estonia, Finland, Germany, Italy, the Netherlands, Poland, Portugal, Russia and Sweden. -----END PRIVACY-ENHANCED MESSAGE-----