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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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):
MAY 1, 2003
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RENT-A-CENTER, INC.
(Exact name of registrant as specified in charter)
DELAWARE 0-25370 45-0491516
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
5700 TENNYSON PARKWAY
THIRD FLOOR
PLANO, TEXAS 75024
(Address of Principal Executive Offices) (Zip Code)
(972) 801-1100
(Registrant's telephone
number, including area code)
NO CHANGE
(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS AND REQUIRED FD DISCLOSURE.
In a press release dated May 1, 2003, the Registrant announced that it had
finalized the terms of its previously announced senior subordinated note
offering. The Registrant disclosed it will issue $300 million in principal
amount of senior subordinated notes due 2010 bearing interest at 7.5% per annum.
The offer of the proposed senior subordinated notes will be made only by means
of an offering memorandum to qualified investors and has not been registered
under the Securities Act of 1933, and may not be offered or sold in the United
States absent registration under the Securities Act of 1933 or an applicable
exemption from the registration requirements of the Securities Act of 1933. The
Registrant anticipates consummation of the offering will occur on May 6, 2003
and intends to use the proceeds from the offering to repurchase its outstanding
11% Senior Subordinated Notes due 2008 and pay down a portion of term debt under
its existing senior credit facility.
A copy of the press release is attached as Exhibit 99.1 to this Form 8-K.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) FINANCIAL STATEMENTS OF BUSINESSES ACQUIRED.
Not applicable.
(b) PRO FORMA FINANCIAL INFORMATION.
Not applicable.
(c) EXHIBITS
99.1 Press release, dated May 1, 2003.
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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.
RENT-A-CENTER, INC.
Date: May 2, 2003 By: /s/ MARK E. SPEESE
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Mark E. Speese
Chief Executive Officer and
Chairman of the Board
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION OF EXHIBIT
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99.1 Press Release, dated May 1, 2003