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) August 12, 2005
Credit Suisse First Boston (USA), Inc.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation or organization)
1-6862 | | 13-1898818 |
(Commission File Number) | | (I.R.S. Employer |
| | (Identification No.) |
| | |
Eleven Madison Avenue, New York, New York | | 10010 |
(Address of principal executive office) | | (Zip Code) |
| | |
(212) 325-2000
(Registrant’s telephone number, including area code)
(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):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o 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 August 12, 2005, Credit Suisse First Boston (USA), Inc. (the “Company”) announced that it has agreed to acquire the outstanding stock of SPS Holding Corp. and its subsidiary Select Portfolio Servicing, Inc. (“SPS”) for approximately $144.4 million. The Company will make additional future contingent payments up to approximately $39.9 million for mortgage loans currently serviced by SPS on behalf of third parties. The transaction is expected to close in the fourth quarter of 2005. A copy of the press release announcing the transaction is filed herewith as Exhibit 99.1 and hereby incorporated in its entirety by reference.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits
Exhibit 99.1 | | Press release dated August 12, 2005 |
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SIGNATURE
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.
| | Credit Suisse First Boston (USA), Inc. |
| | |
| | |
| | /s/ David C. Fisher | |
| | David C. Fisher |
| | Chief Financial and Accounting Officer |
August 12, 2005
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