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 28, 2001
GB PROPERTY FUNDING CORP.
GB HOLDINGS, INC.
GREATE BAY HOTEL AND CASINO, INC.
(Exact name of Registrant as specified in its Charter)
Delaware 75-2502290
Delaware 75-2502293
New Jersey 33-69716 22-2242014
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(State or other juris- (Commission (IRS Employer
diction of incorporation) File Number) Identification
Number)
c/o Sands Hotel & Casino
Indiana Avenue and Brighton Park, 9th Floor
Atlantic City, New Jersey 08401
(Address of principal executive office) (Zip Code)
Registrant's telephone number including area code: (609) 441-4517
Not Applicable
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(Former name and former address, as changed since last report)
Item 5. Other Events
A press release was issued on September 28, 2001 in the form attached
as Exhibit 1.
Item 7(c). Exhibits
1. Press Release dated September 28, 2001.
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.
GB PROPERTY FUNDING CORP.
Dated: October 1, 2001 By: /s/ Timothy A. Ebling
Name: Timothy A. Ebling
Title: Executive Vice President
and Chief Financial Officer
GB HOLDINGS, INC.
Dated: October 1, 2001 By: /s/ Timothy A. Ebling
Name: Timothy A. Ebling
Title: Executive Vice President
and Chief Financial Officer
GREATE BAY HOTEL AND CASINO, INC.
Dated: October 1, 2001 By: /s/ Timothy A. Ebling
Name: Timothy A. Ebling
Title: Executive Vice President
and Chief Financial Officer
Exhibit Index
No. Exhibit
1. Press Release dated September 28, 2001.
FOR IMMEDIATE RELEASE
THE SANDS EXTENDS CONSENT SOLICITATION FOR BONDS
Atlantic City, New Jersey. September 28, 2001. GB Property Funding Corp.,
GB Holdings, Inc. and Greate Bay Hotel and Casino, Inc. (collectively, the
"Company") has extended the solicitation period for the solicitation of consents
(the "Solicitation") for the purpose of amending the terms (the "Amendment") of
the indenture governing the Company's 11% First Mortgage Notes due 2005 (the
"Notes"). The terms of the Solicitation are set forth in the Solicitation
Materials distributed to holders of Notes. The Solicitation was due to expire at
5:00 p.m., Eastern Time, on October 8, 2001. The Solicitation will now expire at
5:00 p.m., Eastern Time, on October 11, 2001, unless the Solicitation is
extended to a later date and time.
THIS PRESS RELEASE IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO THE
COMPLETE TEXT OF THE CONSENT SOLICITATION STATEMENT AND THE RELATED CONSENT FORM
WHICH CONTAIN IMPORTANT INFORMATION AND SHOULD BE READ CAREFULLY.
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Contact: Frederick H. Kraus: (609) 441-4517