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UPBOUND GROUP, INC. Capital/Financing Update 2013

Apr 29, 2013

31954_rns_2013-04-29_d1632113-5829-4c31-bd1d-66256c49f3dd.zip

Capital/Financing Update

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*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):

*April 29, 2013 (April 29, 2013)*

*RENT-A-CENTER, INC.*

(Exact name of registrant as specified in charter)

Delaware (State or other jurisdiction of incorporation or organization) 0-25370 (Commission File Number) 45-0491516 (IRS Employer Identification No.)

*5501 Headquarters Drive Plano, Texas 75024* (Address of principal executive offices and zip code)

*(972) 801-1100*

(Registrant’s telephone number, including area code)

*N/A* (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 (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

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*Item 8.01 Other Events.*

On April 29, 2013, the Company issued a press release announcing that it intends to offer, pursuant to Rule 144A and Regulation S under the Securities Act, $250 million in aggregate principal amount of senior unsecured notes due 2021. The Company intends to use the net proceeds of the offering to repay approximately $46 million of the revolving loans outstanding under its revolving credit facility and apply the remainder to accelerated common stock repurchases as market conditions permit and, to the extent not so applied, for general corporate purposes. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated by reference herein.

This Current Report on Form 8-K and the statements contained in Exhibit 99.1 hereto do not and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

*Item 9.01 Financial Statements and Exhibits*

99.1 Press Release issued on April 29, 2013 by Rent-A-Center, Inc.

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*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 hereunto duly authorized.

/s/ Robert D. Davis
Robert D. Davis
Executive Vice President—Finance, Chief Financial Officer and Treasurer

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*EXHIBIT INDEX*

Exhibit No. Description
99.1 Press Release issued on April 29, 2013 by Rent-A-Center, Inc.

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