================================================================================ 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): May 31, 2000 McLEODUSA INCORPORATED (Exact name of registrant as specified in its charter) Delaware 0-20763 42-1407240 - ----------------------------- ------------ ---------------------- (State or Other (Commission (IRS Employer Jurisdiction of Incorporation) File Number) Identification Number) McLeodUSA Technology Park 6400 C Street S.W., P.O. Box 3177 Cedar Rapids, IA 52406-3177 (Address of Principal (Zip Code) Executive Offices) Registrant's telephone number, including area code: (319) 364-0000 ================================================================================ INFORMATION TO BE INCLUDED IN THE REPORT Item 5. Other Events. We completed our senior secured credit facilities with a syndicate of banks and institutions that provides for term and revolving loans up to $1.3 billion. We also commenced a tender offer to purchase the 11.75% senior notes of Splitrock Services, Inc. due 2008 at a price of $1156.80 per $1,000 principal amount of notes tendered, plus interest. We issued the two press releases contained in Exhibits 99.1 and 99.2 hereto, which are incorporated herein by reference. Item 7. Exhibits. 99.1 May 31, 2000 Press Release re McLeodUSA Completes Senior Secured Credit Facilities 99.2 May 31, 2000 Press Release re McLeodUSA Announces Pricing of Tender Offer for Splitrock 11.75% Senior Notes 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: June 1, 2000 McLEODUSA INCORPORATED By: /s/ Randall Rings ----------------------------------------- Randall Rings Vice President, Secretary and General Counsel EXHIBIT INDEX 99.1 May 31, 2000 Press Release re McLeodUSA Completes Senior Secured Credit Facilities 99.2 May 31, 2000 Press Release re McLeodUSA Announces Pricing of Tender Offer for Splitrock 11.75% Senior Notes