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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 Report (Date of Earliest Event Reported) June 20, 1996
MICHAELS STORES, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware 0-11822 75-1943604
(State of (Commission (IRS Employer
incorporation) File Number) Identification No.)
8000 Bent Branch Drive
Irving, Texas 75063-6041
P.O. Box 619566
DFW, Texas 75261-9566
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (972) 409-1300
5931 Campus Circle Drive, Irving, Texas 75063
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(Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
In connection with its public offering of $125 million of Senior Notes
due 2006, Michaels Stores, Inc. (the "Company") amended its bank credit
agreement pursuant to the Second Amended and Restated Credit Agreement (the
"Second Amended Credit Agreement"), dated June 20, 1996 by and among the
Company, NationsBank of Texas, N.A., as administrative lender, Bank of
America, Illinois, as co-agent and the other lenders signatory thereto. A
copy of the Second Amended Credit Agreement is attached hereto as Exhibit 10
and incorporated herein by this reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a)-(b) Not applicable.
(c) Exhibits Required by Item 601 of Regulation S-K.
EXHIBIT NO. DESCRIPTION
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10 Second Amended Credit Agreement
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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.
MICHAELS STORES, INC.
By: /s/ R. DON MORRIS
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Name: R. Don Morris
Title: Executive Vice President and
Chief Financial Officer
Date: September 26, 1996
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INDEX TO EXHIBITS
EXHIBIT
NUMBER DESCRIPTION OF EXHIBIT
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10 Second Amended Credit Agreement
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