UNITED STATES
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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):
December 27, 2005
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GENERAL MARITIME CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
REPUBLIC OF THE MARSHALL ISLANDS
(STATE OR OTHER JURISDICTION OF INCORPORATION)
001-16531 06-159-7083
(COMMISSION FILE NUMBER) (I.R.S. EMPLOYER IDENTIFICATION NO.)
299 Park Avenue
New York, New York 10171
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(212) 763-5600
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
Not Applicable
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events
On December 27, 2005, General Maritime Corporation (the "Company") issued a
press release announcing the pricing of its previously announced cash tender
offer for any and all of its outstanding 10% Senior Notes due 2013 (the
"Notes").
The tender offer and consent solicitation are being made pursuant to an Offer to
Purchase for Cash and Solicitation of Consents, dated December 15, 2005 (the
"Offer to Purchase"), and a related Letter of Transmittal and Consent, which
more fully set forth the terms and conditions of the tender offer and consent
solicitation. Holders who tender their Notes must consent to certain proposed
amendments to the Indenture, dated as of March 20, 2003 (the "Indenture"), under
which the Notes were issued, to eliminate substantially all of the restrictive
covenants and certain default provisions in the Indenture, and the execution of
a supplemental indenture to amend the Indenture accordingly.
The Company also announced that it has amended the Offer to Purchase to change
the proposed amendments such that the proposed amendments would no longer
eliminate, and would leave substantially unchanged, the events of default in the
Indenture based on insolvency acts or orders.
A copy of the press release is filed herewith as Exhibit 99.1 and is
incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit No. Description
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99.1 Press release issued by General Maritime Corporation on
December 27, 2005.
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.
GENERAL MARITIME CORPORATION
(Registrant)
By: /s/ Jeffrey D. Pribor
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Name: Jeffrey D. Pribor
Title: Chief Financial Officer
Date: December 27, 2005