UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): January 21, 2004
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FRANK'S NURSERY & CRAFTS, INC.
(Exact name of registrant as specified in its Charter)
Delaware 0-50158 47-0863558
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
580 Kirts Blvd., Suite 300, Troy Michigan 48084
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (248) 712-7000
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Not applicable
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(Former name or former address, if changed since last report)
ITEMS 1 -4. NOT APPLICABLE.
ITEMS 5. OTHER EVENTS AND REGULATION FD DISCLOSURE
On January 21, 2004, the Company entered into an agreement with Abacus
Advisors LLC to provide strategic and operational advisory and consulting
services to the Company, attached hereto as Exhibit 10.1.
On January 21, 2004, the Company entered into an agreement with Kimco
Capital Corp. to amend its Credit and Security Agreement, attached hereto as
Exhibit 10.2.
On January 27, 2004, the Company entered into an agreement with
Congress Financial Corporation to amend its Loan and Security Agreement,
attached hereto as Exhibit 10.3.
ITEMS 6. NOT APPLICABLE.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(A) - (B) NOT APPLICABLE.
(C) EXHIBITS.
10.1 Agreement with Abacus Advisors LLC dated
January 21, 2004.
10.2 Fifth Amendment to the Credit and Security
Agreement, dated as of January 21, 2004,
between the Registrant and Kimco Capital
Corp.
10.3 Waiver and Amendment No. 4 to Loan and
Security Agreement, dated as of January 27,
2004, among the Registrant, Congress
Financial Corporation, as Administrative
Agent, and the Lenders party thereto.
ITEMS 8-12. NOT APPLICABLE.
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.
FRANK'S NURSERY & CRAFTS, INC.
Date: January 21, 2004 By: /s/ Alan Minker
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Alan Minker
Senior Vice President, Chief Financial
Officer and Treasurer
Exhibit Index
Number Description
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10.1 Agreement with Abacus Advisors LLC dated January 21, 2004.
10.2 Fifth Amendment to the Credit and Security Agreement, dated as
of January 21, 2004, between the Registrant and Kimco Capital
Corp.
10.3 Waiver and Amendment No. 4 to Loan and Security Agreement,
dated as of January 27, 2004, among the Registrant, Congress
Financial Corporation, as Administrative Agent, and the
Lenders party thereto.