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): September 22, 2010
GANNETT CO., INC.
(Exact name of Registrant as Specified in its Charter)
Delaware | 1-6961 | 16-0442930 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
7950 Jones Branch Drive | ||
McLean, Virginia | 22107-0910 | |
(Address of Principal Executive Offices) | (Zip Code) |
(703) 854-6000
Registrants telephone number, including area code
Not Applicable
(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:
¨ | 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 8.01. | Other Events. |
Attached and incorporated herein by reference as Exhibit 99.1 is a copy of the press release of Gannett Co., Inc., dated September 22, 2010 announcing the pricing of its private offering of debt securities.
Item 9.01. | Financial Statements and Exhibits. |
(d) | Exhibits |
See Index to Exhibits attached hereto.
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 thereunder duly authorized.
GANNETT CO., INC. | ||
By: | /s/ Todd A. Mayman | |
Todd A. Mayman | ||
Senior Vice President, General Counsel and Secretary |
Date: September 22, 2010
Index to Exhibits
Exhibit No. |
Description | |
99.1 | Gannett Co., Inc. press release announcing the pricing of its private offering of debt securities. |
Exhibit 99.1
News Release
FOR IMMEDIATE RELEASE WEDNESDAY, SEPTEMBER, 22, 2010
Gannett Co., Inc. Announces Pricing of $500 Million of Senior Notes
McLEAN, VA Gannett Co., Inc. (NYSE: GCI) today announced that it has priced its previously announced offering of senior notes due 2015 (2015 Notes) and senior notes due 2018 (2018 Notes).
The face value of the 2015 Notes is $250 million, with an interest rate of 6.375%. The 2015 Notes were priced at 98.970% of face value.
The face value of the 2018 Notes is $250 million, with an interest rate of 7.125%. The 2018 Notes were priced at 98.527% of face value.
The 2015 Notes and 2018 Notes (collectively, the Notes) are being made available in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the Securities Act), with closing expected to occur on September 27, 2010, subject to customary closing conditions.
The Company intends to use the net proceeds from the offering to partially repay borrowings outstanding under its revolving credit facilities and term loan.
The Notes are being offered only to qualified institutional buyers as defined in Rule 144A under the Securities Act and outside the United States in reliance on Regulation S under the Securities Act. The Notes have not been and will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration except pursuant to an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. There can be no assurance that the Notes offering will close on the terms described herein or at all.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other securities.
Gannett Co., Inc. (NYSE: GCI) is an international news and information company operating on multiple platforms including the Internet, mobile, newspapers, magazines and TV stations. Gannett is an Internet leader with hundreds of newspaper and TV web sites; CareerBuilder.com, the nations top employment site; USATODAY.com; and more than 80 local MomsLikeMe.com sites. Gannett publishes 82 daily U.S. newspapers, including USA TODAY, the nations largest-selling daily newspaper, and more than 600 magazines and other non-dailies including USA WEEKEND. Gannett also operates 23 television stations in 19 U.S. markets. Gannett subsidiary Newsquest is one of the UKs leading regional community news providers,
with 17 daily paid-for titles, more than 200 weekly newspapers, magazines and trade publications, and a network of web sites.
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