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
Date of Report (Date of earliest event reported) October 26, 2005
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APPLEBEE'S INTERNATIONAL, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 000-17962 43-1461763
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
4551 W. 107th Street, Overland Park, Kansas 66207
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(Address of principal executive offices) (Zip Code)
(913) 967-4000
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(Registrant's telephone number, including area code)
Not applicable
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(Former name or former address, if changed since last report)
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:
- 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 1.01. Entry into a Material Definitive Agreement.
On October 26, 2005, Applebee's International, Inc. (the "Company")
entered into Amendment No. 2 (the "Amendment") to the 5-year Revolving Credit
Agreement, as amended (the "Credit Facility") dated as of December 3, 2004, by
and among the Company, JPMorgan Chase Bank, N.A. as Swing Line Lender, LC Issuer
and Administrative Agent and certain other financial institutions as lenders.
The Amendment increases the aggregate revolving credit commitment available
under the Credit Facility from $200,000,000 to $250,000,000 and provides for an
additional $75,000,000 of revolving credit upon satisfaction of the conditions
set forth in the Credit Facility. After giving effect to the Amendment, as of
October 26, 2005, the Company had borrowings of $149.4 million and approximately
$91.2 million available under the Credit Facility.
The Amendment is incorporated by reference herein and attached hereto
as Exhibit 10.1.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under
an Off-Balance Sheet Arrangement of a Registrant.
The information set forth above under "Item 1.01 Entry into a Material
Definitive Agreement" is hereby incorporated by reference.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
10.1 Amendment No. 2 dated as of October 26, 2005 to 5-Year Revolving
Credit Agreement dated as of December 3, 2004, by and among
Applebee's International, Inc., JPMorgan Chase Bank, N.A. as
Swing Line Lender, LC Issuer and Administrative Agent and
certain other parties thereto.
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.
Date: October 27, 2005
APPLEBEE'S INTERNATIONAL, INC.
By: /s/ Steven K. Lumpkin
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Steven K. Lumpkin
Executive Vice President and
Chief Financial Officer
Exhibit Index
Exhibit
Number Description
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10.1 Amendment No. 2 dated as of October 26, 2005 to 5-Year
Revolving Credit Agreement dated as of December 3, 2004, by
and among Applebee's International, Inc., JPMorgan Chase
Bank, N.A. as Swing Line Lender, LC Issuer and Administrative
Agent and certain other parties thereto.