Item 5. Other Events. |
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| On August 8, 2001, Registrant executed (i) an Underwriting Agreement with Sears, Roebuck and Co., Bear, Stearns & Co. Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated as Representatives of the several underwriters named therein relating to debt securities and (ii) a Pricing Agreement with Sears, Roebuck and Co., Bear, Stearns & Co. Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated as Representatives of the several underwriters named therein, relating to $750,000,000 aggregate principal amount of Registrants 6.75% Notes due August 15, 2011. A copy of the Underwriting Agreement is attached as Exhibit 1(b) and a copy of the Pricing Agreement is attached as Exhibit 1(a). |
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| In connection with the issuance of the Notes: (i) Anastasia D. Kelly, Executive Vice President, General Counsel of Sears, Roebuck and Co. has delivered an opinion to Registrant, dated August 13, 2001, regarding the validity of the Notes, upon issuance and sale thereof on August 13, 2001; and (ii) Mayer, Brown & Platt, special counsel to Registrant and Sears, has delivered an opinion to Registrant and Sears, dated August 13, 2001, as to certain federal tax matters concerning the Notes. A copy of the opinion as to legality is attached as Exhibit 5, and a copy of the opinion as to certain tax matters is attached as Exhibit 8. |
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Item 7. Financial Statements, Pro Forma Financial |
| Information and Exhibits. |
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| Exhibit No. Description |
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| 1(a) | Pricing Agreement, dated August 8, 2001, among Registrant, Sears, Roebuck and Co., Bear, Stearns & Co. Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated. |
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| 1(b) | Underwriting Agreement, dated August 8, 2001, among Registrant, Sears, Roebuck and Co., Bear, Stearns & Co. Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated. |
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| 4 | Form of 6.75% Note. |
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| 5 | Opinion of Anastasia D. Kelly dated August 13, 2001, relating to the validity of $750,000,000 aggregate principal amount of 6.75% Notes due August 15, 2011. |
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| 8 | Opinion of Mayer, Brown & Platt as to certain federal tax matters concerning the Registrants 6.75% Notes due August 15, 2011. |
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| 23.1 | Consent of Anastasia D. Kelly, Executive Vice President, General Counsel of Sears, Roebuck and Co. (included in Exhibit 5). |
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| 23.2 | Consent of Mayer, Brown & Platt (included in Exhibit 8) |