FORM 8-K
UNITED STATES
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) March 30, 2001
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Cagle's, Inc.
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(Exact name of registrant as specified in its charter)
Georgia 001-07138 58-0625713
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2000 Hills Avenue NW Atlanta, GA 30318
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 404-355-2820
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(Former name or former address, if changed since last report.)
Information for 8-K report:
Item 2. Acquisition or Disposition of Assets
On March 30, 2001, Cagle's, Inc. (the "Company") closed a loan pursuant
to a "Loan Agreement" (the "Agreement") with Metropolitan Life Insurance
Company. Pursuant to the Agreement, the Company borrowed $27,000,000 to be
repaid over ten years together with interest at the rate of 7.86% per annum.
The Company has pledged substantial assets as collateral pursuant to the
Agreement consisting of real and personal property located at Rockmart,
Georgia, and Collinsville, Alabama.
Exhibit Table
(1) Loan Agreement
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.
Cagle's, Inc.
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(Registrant)
Date 4/13/01 /s/ Kenneth R. Barkley
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(Signature)
Kenneth R. Barkley
Senior Vice-President