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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): February 20, 1998
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EXTENDED STAY AMERICA, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-27360 36-3996573
(State or other jurisdiction of (Commission File (IRS Employer
incorporation or organization) Number) Identification No.)
450 E. Las Olas Boulevard
Ft. Lauderdale, Florida 33301
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (954) 713-1600
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Item 5. Other Events.
On February 20, 1998, Extended Stay America, Inc. (the "Company") announced
its intent to commence an offering of $200 million of Senior Subordinated Notes
(the "Notes"). The Notes to be offered in this transaction will not be
registered under the Securities Act of 1933, as amended (the "Act"), and may not
be offered or sold in the United States absent registration under the Act or an
applicable exemption therefrom. Accordingly, the Notes are being offered and
sold only (i) to "Qualified Institutional Buyers" (as defined in Rule 144A of
the Act), (ii) to other institutional "Accredited Investors" (as defined in Rule
501(a)(1), (2), (3), or (7) under the Act), and (iii) outside the United States
in compliance with Regulation S under the Act.
The Company issued a news release announcing the offering of the Notes. A
copy of the news release is filed herewith as Exhibit 99.1 and is incorporated
herein by this reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
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The exhibits to this report are listed in the Exhibit Index set forth
elsewhere herein.
SIGNATURE
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.
EXTENDED STAY AMERICA, INC.
By: /s/ Robert A. Brannon
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Robert A. Brannon
Senior Vice President, Chief
Financial Officer, Secretary and
Treasurer
Dated: February 25, 1998
EXTENDED STAY AMERICA, INC.
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Exhibit Index
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Exhibit
Number Description of Exhibit
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99.1 News release dated as of February 20, 1998 by Extended Stay America,
Inc.