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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION |
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WASHINGTON, DC 20549 |
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FORM 8-K |
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CURRENT REPORT PURSUANT |
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TO SECTION 13 OR 5(d) OF THE |
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SECURITIES EXCHANGE ACT OF 1934 |
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Date of report (Date of earliest event reported) |
April 26, 2007 (April 25, 2007) |
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GAMESTOP CORP. |
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(Exact Name of Registrant as Specified in Charter) |
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Delaware |
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(State or Other Jurisdiction of Incorporation) |
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1-32637 |
20-2733559 |
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(Commission File Number) |
(IRS Employer Identification No.) |
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625 Westport Parkway, Grapevine, Texas |
76051 |
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(Address of Principal Executive Offices) |
(Zip Code) |
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(817) 424-2000 |
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(Registrant’s Telephone Number, Including Area Code) |
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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 (see General Instruction A.2. below):
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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)) |
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Item 1.01 |
Entry into a Material Definitive Agreement. |
On April 25, 2007, GameStop Corp. (the “Company”) entered into the First Amendment (the “Amendment”) to the Credit Agreement, dated as of October 11, 2005, by and among the Company, certain subsidiaries of the Company, Bank of America, N.A. and the other lending institutions listed therein, Bank of America, N.A. and Citicorp North America, Inc., as Issuing Banks, Bank of America, N.A., as Administrative Agent and Collateral Agent, Citicorp North America, Inc., as Syndication Agent, and Merrill Lynch Capital, a division of Merrill Lynch Business Financial Services Inc., as Documentation Agent (the “Agreement”). The Amendment amends the Agreement to extend the maturity date to April 25, 2012. The Amendment also (i) reduces the interest rate payable for for LIBO Loans to a range of 100 to 150 basis points over LIBOR from the existing range of 125 to 175 basis points over LIBOR, in each case based on the Company's leverage ratio, (ii) reduces the unused commitment fee to 25 basis points from a range of 37.5 to 50 basis points and (iii) modifies or deletes certain other covenants.
The foregoing description of the Amendment is qualified in its entirety by reference to the Amendment, which is filed as Exhibit 10.1 hereto and incorporated herein by reference.
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Item 9.01 |
Financial Statements and Exhibits. |
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(d) |
Exhibits. |
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Exhibit No. |
Description of Exhibit |
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10.1 |
First Amendment, dated April 25, 2007, to Credit Agreement, dated as of October 11, 2005, by and among GameStop Corp., certain subsidiaries of GameStop Corp., Bank of America, N.A. and the other lending institutions listed in the Amendment, Bank of America, N.A. and Citicorp North America, Inc., as Issuing Banks, Bank of America, N.A., as Administrative Agent and Collateral Agent, Citicorp North America, Inc., as Syndication Agent, and Merrill Lynch Capital, a division of Merrill Lynch Business Financial Services Inc., as Documentation Agent. |
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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.
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GAMESTOP CORP. | ||
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Date: April 26, 2007 |
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By: |
/s/ David W. Carlson | |
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Name: |
David W. Carlson |
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Title: |
Executive Vice President and |
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EXHIBIT INDEX
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Exhibit No. |
Description of Exhibit |
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10.1 |
First Amendment, dated April 25, 2007, to Credit Agreement, dated as of October 11, 2005, by and among GameStop Corp., certain subsidiaries of GameStop Corp., Bank of America, N.A. and the other lending institutions listed in the Amendment, Bank of America, N.A. and Citicorp North America, Inc., as Issuing Banks, Bank of America, N.A., as Administrative Agent and Collateral Agent, Citicorp North America, Inc., as Syndication Agent, and Merrill Lynch Capital, a division of Merrill Lynch Business Financial Services Inc., as Documentation Agent. |
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4 |