UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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): August 24, 2006
THE SERVICEMASTER COMPANY
(Exact Name of Registrant as Specified in Its Charter)
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Delaware (State or Other Jurisdiction of Incorporation) |
1-14762 (Commission File Number) |
36-3858106 (I.R.S. Employer Identification Number)
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3250 Lacey Road, Suite 600, Downers Grove, Illinois 60515
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code: (630) 663-2000
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
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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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o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
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o Soliciting material pursuant to Rule 14a – 12 under the Exchange Act (17 CFR 240.14a – 12) | |
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o Pre-commencement communications pursuant to Rule 14d – 2(b) under the Exchange Act (17 CFR 240.14d(b)) | |
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o Pre-commencement communications pursuant to Rule 13e – 4(c) under the Exchange Act (17 CFR 240.13e – 4(c)) | |
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
As set forth in the Form 10-Q for the quarter ended June 30, 2006 filed on August 4, 2006, ServiceMaster had outstanding $105 million under its $500 million unsecured bank revolving credit facility dated as of May 19, 2004 and subsequently amended on May 6, 2005 among ServiceMaster, the lenders, JPMorgan Chase Bank and Bank of America, N.A. as syndication agents, SunTrust Bank, as administrative agent, and U.S. Bank and Wachovia Bank, N.A. as documentation agents (the “Credit Facility”). The Credit Facility is treated as a long-term debt obligation for purposes of Item 2.03.
Subsequent to that filing, on August 14, 2006, ServiceMaster borrowed an additional $10 million under the Credit Facility at an interest rate of 5.93% with a 30-day term, payable on September 14, 2006.
On August 24, 2006, ServiceMaster borrowed an additional $30 million under the Credit Facility at an interest rate of 5.93% with a 30-day term, payable on September 25, 2006.
The interest rate described above excludes the .15% facility fee payable under the Credit Facility. The borrowing under the Credit Facility will be used for general corporate purposes.
The outstanding principal balance of ServiceMaster’s Credit Facility subsequent to the transactions described above is $145 million as of August 24, 2006. . |
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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 hereunto duly authorized.
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Date: August 29, 2006 |
THE SERVICEMASTER COMPANY |
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By: /s/ Jim L. Kaput |
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Jim L. Kaput |
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Senior Vice President and General Counsel |
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