8-K: Current report
Published on February 11, 2004
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): February 10, 2004
GENERAL COMMUNICATION, INC.
(Exact Name of Registrant as Specified in its Charter)
Alaska 0-15279 92-0072737
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(State or Other (Commission File Number) (IRS Employer
Jurisdiction of Identification
Incorporation) Number)
2550 Denali Street Suite 1000 Anchorage, Alaska 99503
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (907) 868-5600
NONE
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events and Regulation FD Disclosure.
General Communication, Inc. announced February 10, 2004 that
its wholly owned subsidiary, GCI, Inc. has agreed to sell $230
million in aggregate principal amount of senior debt securities due
in 2014. GCI, Inc. will pay interest of 7.25 percent on the
securities and the securities will be sold at a discounted price of
$982.64 per $1,000 of principal amount to yield 7.5 percent. The net
proceeds of the offering will be used to repay GCI Inc.'s existing
$180 million 9.75 percent senior notes and to repay senior bank
debt.
A copy of the press release is attached as Exhibit 99.1. The
information contained in Exhibit 99.1 is incorporated by reference
herein.
Item 7. Financial Statements and Exhibits.
(a) Financial statements of businesses acquired: None
(b) Pro forma financial information: None
(c) Exhibit:
99.1 Press release dated February 10, 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.
GENERAL COMMUNICATION, INC.
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(Registrant)
Date: February 10, 2004
By /s/ John M. Lowber
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Name: John M. Lowber
Title: Senior Vice President,
Chief Financial Officer,
Secretary and Treasurer
(Principal Financial Officer)
EXHIBIT INDEX
Exhibit No. Description
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99.1 Press release of General Communication, Inc., dated
February 10, 2004.