-----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, Ahy+oYSBYKrF5ixjZryPx1iddjIyahjb417oHF55yrE7hIwCFHmZKJoa90aZWIl5 xhEI+JwisbpeBXYlZlMlXA== 0000950123-97-002002.txt : 19970310 0000950123-97-002002.hdr.sgml : 19970310 ACCESSION NUMBER: 0000950123-97-002002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970307 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19970307 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRIME HOSPITALITY CORP CENTRAL INDEX KEY: 0000080293 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 222640625 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06869 FILM NUMBER: 97552396 BUSINESS ADDRESS: STREET 1: 700 RTE 46 EAST CITY: FAIRFIELD STATE: NJ ZIP: 07004 BUSINESS PHONE: 2018821010 MAIL ADDRESS: STREET 1: 700 RTE 46 EAST CITY: FAIRFIELD STATE: NJ ZIP: 07004 FORMER COMPANY: FORMER CONFORMED NAME: PRIME MOTOR INNS INC DATE OF NAME CHANGE: 19920609 FORMER COMPANY: FORMER CONFORMED NAME: PRIME EQUITIES INC DATE OF NAME CHANGE: 19731120 8-K 1 PRIME HOSPITALITY CORP. 1 ================================================================================ 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) March 7, 1997 PRIME HOSPITALITY CORP. (Exact name of Registrant as specified in its charter) COMMISSION FILE NO. 1-6869 DELAWARE 22-2640625 (State or other jurisdiction of (IRS employer incorporation or organization) identification no.) 700 ROUTE 46 EAST, FAIRFIELD, NEW JERSEY 07004 (address of principal executive offices) (zip code) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (201) 882-1010 ================================================================================ 2 Item 5. Other Events On March 7, 1997, the Registrant announced that it plans to offer $200 million aggregate principal amount of Senior Subordinated Notes due 2007 in a private transaction under Rule 144A of the Securities Act of 1933, as amended. Item 7. Exhibits 99.1. Press Release, dated March 7, 1997, with respect to the Registrant's offering of Senior Subordinated Notes due 2007. 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. Date: March 7, 1997 PRIME HOSPITALITY CORP. By: /s/ Richard T. Szymanski ---------------------------------- Richard T. Szymanski, Vice President and Corporate Controller -2- 4 EXHIBIT INDEX ------------- Exhibit 99.1 Press Release, dated March 7, 1997, with respect to the Registrant's offering of Senior Subordinated Notes due 2007. EX-99.1 2 PRESS RELEASE 1 EXHIBIT 99.1 March 7, 1997 -- Prime Hospitality Corp. (NYSE-PDQ), a Delaware corporation (the "Company") announced today that it plans to offer $200 million aggregate principal amount of Senior Subordinated Notes due 2007 in a private transaction under Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"). The net proceeds from the sale of the Notes are estimated to be approximately $193.5 million after deducting the initial purchasers' discount and estimated expenses related to the Offering. The Company intends to use the net proceeds as part of the financing of the Company's AmeriSuites hotels expansion, to repay amounts outstanding under a revolving credit facility and to repay certain other secured indebtedness. The Notes will not be registered under the Securities Act and may not be offered or sold in the United States absent registration thereunder or an applicable exemption from the registration requirements thereof. The Company will agree, for the benefit of all holders of the Notes, to file, after the issuance of the Notes, a registration statement relating to an exchange offer for the Notes under the Securities Act. If such registration is not effected within certain prescribed time periods, the holders of the Notes will be entitled to liquidated damages until such registration is effected. Prime is a leading national hotel company, with a portfolio of 108 hotels containing 15,479 rooms located in 25 states and the U.S. Virgin Islands. -----END PRIVACY-ENHANCED MESSAGE-----