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) December 28, 1999 RAWLINGS SPORTING GOODS COMPANY, INC. (Exact name of Registrant as specified in its charter) Delaware 0-24450 43-1674348 (State or other jurisdiction (Commission File (I.R.S. Employer of Incorporation Number) Identification No.) 1859 Intertech Drive, Fenton, Missouri 63026 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (314) 349-5000 (Former name or former address, if changed since last report) ITEM 5. OTHER EVENTS. On December 28, 1999, the Company refinanced its long-term credit facility by entering into a five year term, $75,000,000 credit agreement with a new lender. The credit facility is asset-based and is supported by the Company's receivables, inventory and property, plant and equipment. The proceeds from this new facility were used to pay-off the existing credit facility. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (a) FINANCIAL STATEMENTS OF BUSINESS ACQUIRED: None (b) PRO FORMA FINANCIAL INFORMATION: None (c) EXHIBITS: 10 Credit Agreement, dated as of December 28, 1999, by and among the Company as Borrower, certain other credit parties named therein, and certain Lenders signatory thereto. 23 Consent of Arthur Andersen LLP. 27 Financial Data Schedule. 99 Report of Arthur Andersen and accompanying consolidated balance sheets of the Company and its subsidiaries as of August 31, 1999 and 1998 and the related consolidated statements of income, stockholders' equity and cash flows for each of the three years in the period ended August 31, 1999. 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, hereto duly authorized. RAWLINGS SPORTING GOODS COMPANY, INC. Date: December 30, 1999 By: /s/ Michael L. Luetkemeyer Michael L. Luetkemeyer Chief Financial Officer EXHIBIT INDEX EXHIBIT NUMBER DESCRIPTION PAGE 10 Credit Agreement, dated as of December 28, 1999, by and among the Company as Borrower, certain other credit parties named therein, and certain Lenders signatory thereto. 23 Consent of Arthur Andersen LLP. 27 Financial Data Schedule. 99 Report of Arthur Andersen and accompanying consolidated balance sheets of the Company and its subsidiaries as of August 31, 1999 and 1998 and the related consolidated statements of income, stockholders' equity and cash flows for each of the three years in the period ended August 31, 1999.