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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): February 12, 2001
CAMDEN PROPERTY TRUST
(Exact name of Registrant as specified in its Charter)
TEXAS 1-12110 76-6088377
(State or other (Commission file number) (I.R.S. Employer
jurisdiction of Identification Number)
incorporation or organization)
Three Greenway Plaza, Suite 1300, Houston, Texas 77046
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (713) 354-2500
Not applicable
(Former name or former address, if changed since last report)
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Item 5. Other Events.
Camden Property Trust, a Texas real estate investment trust (the
"Company"), has completed an offering of $50,000,000 aggregate principal amount
of its 7% Notes due February 15, 2006 (the "2006 Notes") and $150,000,000
aggregate principal amount of its 7.625% Notes due February 15, 2011 (the "2011
Notes" and, together with the 2006 Notes, the "Notes") as described in the
Company's Prospectus Supplement dated February 7, 2001 to the Company's
Prospectus dated January 12, 2000 (the "Notes Offering"). The Notes were issued
pursuant to the Company's existing shelf registration statement.
The 2006 Notes bear interest at 7% per year and the 2011 Notes bear
interest at 7.625% per year. Interest on each series of Notes will accrue from
February 12, 2001, with interest payable each February 15 and August 15
beginning August 15, 2001. The 2006 Notes will mature on February 15, 2006 and
the 2011 Notes will mature on February 15, 2011. Each series of Notes is
redeemable at any time at the option of the Company, in whole or in part, at a
redemption price equal to the principal amount and accrued interest of the
respective series of Notes being redeemed, plus a make-whole premium.
The 2006 Notes were offered to the public at 99.522% of their face amount
and the 2011 Notes were offered to the public at 99.544% of their face amount.
The Notes Offering was underwritten by Banc of America Securities LLC, Chase
Securities Inc., Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith
Incorporated, ABN AMRO Incorporated, Banc One Capital Markets, Inc., Commerzbank
Capital Markets Corp., Credit Suisse First Boston Corporation, First Union
Securities, Inc. and Wachovia Securities, Inc. (the "Underwriters") pursuant to
the Underwriting Agreement among the Company and the Underwriters dated February
7, 2001. The Notes were issued under an Indenture between the Company and U.S.
Trust Company of Texas, N.A., as trustee.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
1.1 Form of Underwriting Agreement among the Company and the
Underwriters dated February 7, 2001 relating to the Notes
Offering.
4.1 Indenture dated as of February 15, 1996 between the Company
and U.S. Trust Company of Texas, N.A., as trustee (filed as
Exhibit 4.1 to the Company's Current Report on Form 8-K
dated February 15, 1996 and incorporated herein by
reference).
4.2 First Supplemental Indenture dated as of February 15, 1996
(filed as Exhibit 4.2 to the Company's Current Report on
Form 8-K dated February 15, 1996 and incorporated herein by
reference).
4.3 Form of Camden Property Trust 7% Note due February 15, 2006.
4.4 Form of Camden Property Trust 7.625% Note due February 15,
2011.
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SIGNATURES
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.
Date: February 12, 2001
CAMDEN PROPERTY TRUST
By: /s/G. Steven Dawson
-----------------------------------------------
G. Steven Dawson
Senior Vice President - Finance, Chief Financial
Officer, Treasurer and Secretary
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CAMDEN PROPERTY TRUST
INDEX TO EXHIBITS
EXHIBIT
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1.1 Form of Underwriting Agreement among the Company and the
Underwriters dated February 7, 2001 relating to the Notes
Offering.
4.1 Indenture dated as of February 15, 1996 between the
Company and U.S. Trust Company of Texas, N.A., as trustee
(filed as Exhibit 4.1 to the Company's Current Report on
Form 8-K dated February 15, 1996 and incorporated herein
by reference).
4.2 First Supplemental Indenture dated as of February 15,
1996 (filed as Exhibit 4.2 to the Company's Current
Report on Form 8-K dated February 15, 1996 and
incorporated herein by reference).
4.3 Form of Camden Property Trust 7% Note due February 15,
2006.
4.4 Form of Camden Property Trust 7.625% Note due February
15, 2011.