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RCII > SEC Filings for RCII > Form 8-K on 11-Jun-2009All Recent SEC Filings

Show all filings for RENT A CENTER INC DE | Request a Trial to NEW EDGAR Online Pro

Form 8-K for RENT A CENTER INC DE


11-Jun-2009

Other Events


Item 8.01 Other Events
On June 10, 2009, the Company announced that it had provided notice to the indenture trustee of its election to redeem all of its outstanding 71/2% Senior Subordinated Notes due 2010 in the aggregate principal amount $75,375,000 (the "Redeemed Notes"), at a redemption price equal to 100% of the principal amount outstanding, plus accrued interest to the redemption date (the "Redemption Price"). Effective May 1, 2009, the notes are redeemable at the Redemption Price at the Company's option. The Company expects to redeem the Redeemed Notes on July 28, 2009 (the "Redemption Date"). On the Redemption Date, the Redemption Price will become due and payable and interest on the Redeemed Notes will cease to accrue. Following the Redemption Date, all of the Company's 71/2% Senior Subordinated Notes due 2010 will have been paid in full and no securities will be outstanding under the indenture.
The Company expects to fund the Redemption Price primarily with cash flow generated from operations, together with amounts available under its senior credit facilities.
Item 9.01 Financial Statement and Exhibits
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d) Exhibits.
99.1 Press release issued by Rent-A-Center, Inc. dated June 10, 2009.


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