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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
March
10, 2011
Date of Report (date of earliest event reported)
Eastman Kodak Company
(Exact name of Registrant as specified in its charter)
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New Jersey
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1-87
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16-0417150 |
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(State or other jurisdiction of
incorporation or organization)
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(Commission File Number)
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(I.R.S. Employer
Identification Number) |
343 State Street
Rochester, New York 14650
(Address of principal executive office) (Zip Code)
(585) 724-4000
(Registrants 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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events.
On
March 10, 2011, Eastman Kodak Company (the
Company) issued a press release announcing the pricing of
its private placement of $250 million
aggregate principal amount of 10.625% senior secured notes due 2019. A copy of
this press release is filed herewith as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1 |
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Press Release, dated March 10, 2011, Announcing the Pricing of Senior Secured Notes |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the
registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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March 10, 2011 |
By: |
/s/ William G. Love
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William G. Love |
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Treasurer |
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Index to Exhibits
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Exhibit |
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Description |
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99.1 |
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Press Release, dated March 10, 2011, Announcing the Pricing of Senior Secured Notes |
exv99w1
Exhibit 99.1
Kodak
Prices Private Placement of
$250 Million
10.625% Senior Secured Notes Due 2019
ROCHESTER, N.Y., March 10 Eastman Kodak Company
(NYSE: EK) today announced the pricing of a private placement of $250 million aggregate principal amount of senior secured notes
due 2019 to qualified institutional buyers pursuant to Rule 144A
under the Securities Act of 1933, as
amended, and outside the United States to persons other than U.S. persons in reliance upon
Regulation S under the Securities Act.
The notes
will be secured obligations of Kodak and will bear interest at a rate of
10.625% per year. The sale of the notes to the
initial purchasers is expected to settle on
March 15, 2011, subject to customary closing
conditions.
Kodaks obligations under the notes will be fully and unconditionally guaranteed on a senior
secured basis by each of Kodaks existing and future direct or indirect wholly-owned domestic
subsidiaries, subject to certain exceptions, and will be secured by a second-priority lien on
substantially all domestic assets of Kodak and the guarantors, subject to certain exceptions.
Kodak
intends to use $200 million of the net proceeds from the
offering for general corporate purposes and the balance to repurchase $50 million in principal
amount of its 7.25% Senior Notes due 2013.
This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these
securities and shall not constitute an offer, solicitation, or sale in any jurisdiction in which
such offer, solicitation, or sale is unlawful. The securities will not be registered under the
Securities Act of 1933, as amended, or any state securities laws, and unless so registered, may not
be offered or sold in the United States except pursuant to an exemption from the registration
requirements of the Securities Act and applicable state laws.