SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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 Earliest Event Reported: January 27, 2000
CAPITAL SENIOR LIVING CORPORATION
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(Exact name of registrant as specified in its charter)
DELAWARE 1-17445 75-2678809
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation or
organization)
14160 Dallas Parkway, Suite 300
Dallas, Texas 75240
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(Address of principal (Zip Code)
executive offices)
Registrant's telephone number, including area code (972) 770-5600
ITEM 5. OTHER EVENTS.
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On January 27, 2000, Capital Senior Living Corporation (the "Company")
announced that it was accelerating certain strategic initiatives aimed at
increasing ownership of assets, enhancing cash flow from operations and
maximizing long-term shareholder value. These initiatives include developing
future projects on the Company's balance sheet, revising current development
efforts that result in a non-recurring fourth quarter 1999 charge, assisting
with the recapitalization of Triad Senior Living ("Triad") I, L.P. and the
engagement of Lehman Brothers by Triad and the Company to assist with
recapitalization alternatives for Triads II through V. Please see the attached
Press Release, dated January 27, 2000, for a more detailed explanation.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
99.1 Press Release dated January 27, 2000
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, thereunto duly authorized.
Dated: February 15, 2000
CAPITAL SENIOR LIVING CORPORATION
By: /s/ David R. Brickman
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Name: David R. Brickman
Title: Vice President and General Counsel
EXHIBIT INDEX
Exhibit No. Exhibit Description
99.1 Press Release dated January 27, 2000