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): July 3, 2014
Strategic Hotels & Resorts, Inc.
(Exact name of registrant as specified in its charter)
Maryland | 001-32223 | 33-1082757 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
200 West Madison Street, Suite 1700
Chicago, Illinois 60606
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code: (312) 658-5000
Not Applicable
(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.):
¨ | 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 8.01 Other Events.
On July 3, 2014, Strategic Hotels & Resorts, Inc. (the Company) completed the previously announced redemption of all of the outstanding 3,827,727 shares of its 8.25% Series C Cumulative Redeemable Preferred Stock (NYSE: BEE-PC) (the Series C Preferred Shares) at a redemption price of $25.00 per share, plus accrued and unpaid dividends from July 1, 2014 up to and including the date of redemption in the amount of $0.01719 per share (the Series C Preferred Redemption). Following the Series C Preferred Redemption, dividends with respect to the Series C Preferred Shares will cease to accrue and the Series C Preferred Shares will be delisted from the New York Stock Exchange. The total redemption price of $95,758,973.63 for the Series C Preferred Redemption was paid by the Company from a portion of the net proceeds from the Companys recent underwritten public offering of common stock.
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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.
STRATEGIC HOTELS & RESORTS, INC. | ||||||
Date: July 3, 2014 | By: | /s/ Paula Maggio | ||||
Name: | Paula C. Maggio | |||||
Title: | Executive Vice President, Secretary & General Counsel |
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