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) September 14, 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)
None
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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.
As of September 14, 2005, Applebee's International, Inc. (the
"Company") entered into Amendment No. 1 (the "Amendment") to the 5-year
Revolving Credit Agreement (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 $150,000,000 to $200,000,000 and
provides for an additional $50,000,000 of revolving credit upon satisfaction of
the conditions set forth in the Credit Facility, as amended by the Amendment.
Currently, after giving effect to the Amendment, the Company has borrowings of
$129,200,000 and standby letters of credit of approximately $9,400,000
outstanding and approximately $61,400,000 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. 1 dated as of September 14, 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.
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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.
Date: September 15, 2005
APPLEBEE'S INTERNATIONAL, INC.
By: /s/ Steven K. Lumpkin
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Steven K. Lumpkin
Executive Vice President and
Chief Financial Officer
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Exhibit Index
Exhibit
Number Description
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10.1 Amendment No. 1 dated as of September 14, 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.