Form 8-K

 

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: August 31, 2004

(Date of earliest event reported)

 


 

POTLATCH CORPORATION

(Exact name of registrant as specified in its charter)

 


 

Delaware   1-5313   82-0156045

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification Number)

 

601 W. Riverside Avenue, Suite 1100, Spokane WA,   99201
(Address of principal executive offices)   (Zip Code)

 

 

509-835-1500

(Registrant’s telephone number,

including area code)

 


 

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):

 

¨ 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.

 

Effective August 31, 2004, we cancelled our fixed-to-variable interest rate swap, which was used to hedge the fixed interest rate payable on $165 million of our $250 million principal amount 10% senior subordinated debentures due July 2011. The amount received by us upon cancellation of the interest rate swap, which will be amortized over the remaining life of the debentures, will partially offset slightly higher interest rate costs resulting from the transaction. We announced that we had entered this fixed-to-variable interest rate swap in a Current Report on Form 8-K, which was filed with the Commission on May 7, 2004.


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.

 

Dated: September 7, 2004

 

POTLATCH CORPORATION

 

By:

 

/S/    MALCOLM A. RYERSE     


    Malcolm A. Ryerse
    Corporate Secretary