0000914444-01-500069.txt : 20011031 0000914444-01-500069.hdr.sgml : 20011031 ACCESSION NUMBER: 0000914444-01-500069 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20011029 FILED AS OF DATE: 20011029 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUN INTERNATIONAL HOTELS LTD CENTRAL INDEX KEY: 0000914444 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 980136554 STATE OF INCORPORATION: C5 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04226 FILM NUMBER: 1769166 BUSINESS ADDRESS: STREET 1: 1415 EAST SUNRISE BLVD STREET 2: 10TH FLOOR CITY: FORT LAUDERDALE STATE: FL ZIP: 33304 BUSINESS PHONE: 9547132500 MAIL ADDRESS: STREET 1: 1414 EAST SUNRISE BLVD STREET 2: CORAL TOWERS CITY: FORT LAUDERDALE STATE: FL ZIP: 33304 6-K 1 sihl6k.htm SIHL KERSAF DEFAULTS ON INTEREST PAYMENT 10/29/01 Sun International Press Release Kersaf Defaults 10/29/01

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549



REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 or
15d-16 under the securities exchange act of 1934


For the month of October 2001

SUN INTERNATIONAL HOTELS LIMITED
(Translation of registrant's name into English)

Coral Towers, Paradise Island, The Bahamas
(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        X                                Form 40-F           


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       X                               No           

If “yes” is marked, indicate below this file number assigned to the registrant in connection with Rule 12g-3-2(b): N/A





Page 1 of  3
Exhibit Index is 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.

Date: October 29, 2001   SUN INTERNATIONAL HOTELS LIMITED  
 
 
 
 
 
 
 
      By: /s/John R. Allison
      Name: John R. Allison
      Title: Executive Vice President
        Chief Financial Officer





Page 2 of  3






EXHIBIT LIST             

Exhibit Description
     
99 Press Release on October 29, 2001
Kersaf Defaults on Interest Payment - Sun International Accelerates $12 Million Note





Page 3 of  3

EX-99 3 pressrelease.htm PR 10/29/01 KERSAF DEFAULTS ON INTEREST PAYMENT Sun International Press Release dated 10/29/01

Exhibit 99

FROM:

Sun International Hotels Limited

 

The Bahamas

 

Contact: Charles D. Adamo

 

Tel: +1.242.363.6017
 

FOR IMMEDIATE RELEASE


KERSAF DEFAULTS ON INTEREST PAYMENT--SUN INTERNATIONAL
ACCELERATES $12 MILLION NOTE

PARADISE ISLAND, The Bahamas, October 29, 2001 – Sun International Hotels Limited (NYSE: SIH) today announced that it has accelerated the maturity date of the Promissory Note in principle amount of $12 million issued by Royale Resorts Holdings Limited, a subsidiary of Kersaf Investment Limited. The acceleration of the payment of the Promissory Note is a result of a default by Royale in making its interest payment of $266,301.37, which was due on September 30, 2001.

According to the terms of the Promissory Note and acceleration notice, Royale is obligated to immediately pay the outstanding amount of the Promissory Note of $12 million, plus all accrued interest. Interest shall continue to accrue at a default rate of 11% per annum until all amounts owed to SIHL are paid. The Promissory Note was scheduled to mature on June 30, 2003.

Inquiries should be directed to Charles D. Adamo, Executive Vice President--General Counsel of Sun International Hotels Limited at 1.242.363.6017

ENDS


Contact:

Mr. Charles D. Adamo
Executive Vice President--General Counsel,
Sun International Hotels Limited, Nassau, Bahamas
Tel: + 1-242-363-6017
e-mail charles.adamo@sunint.com

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