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
January 24, 2002
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Date of Report (Date of earliest event reported)
PAYLESS SHOESOURCE, INC.
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(Exact Name of Registrant as Specified in its Charter)
DELAWARE
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(State or Other Jurisdiction of Incorporation)
1-14770 43-1813160
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(Commission File Number) (IRS Employer Identification No.)
3231 Southeast Sixth Avenue
Topeka, Kansas 66607-2207
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(Address of Principal Executive Office) (Zip Code)
(785) 233-5171
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(Registrant's Telephone Number, Including Area Code)
Item 5. Other Events.
On January 25, 2002, Payless ShoeSource, Inc., a Delaware corporation
(the "Company"), announced that it has completed its restructuring study and
intends to close an aggregate of 104 Payless ShoeSource and Parade stores and
that it amended its senior secured credit facility . A copy of the Company's
press release, dated January 25, 2002 is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
(c) Exhibits.
10.1 First Amendment to the Credit and Guaranty Agreement dated as
of April 17, 2000 among Payless ShoeSource Finance, Inc., as
Borrower, Payless ShoeSource, Inc. and Certain of its
Subsidiaries, as Guarantors, various Lenders, Goldman Sachs
Credit Partners L.P., as Sole Lead Arranger and Sole
Syndication Agent, Bank One, NA, as Administrative Agent, and
First Union National Bank, as Documentation Agent dated as of
January 24, 2002.
99.1 Press Release, dated January 25, 2002.
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.
PAYLESS SHOESOURCE, INC.
Date: January 25, 2002 By: /s/ Steven J. Douglass
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Steven J. Douglass
Chairman and
Chief Executive Officer
EXHIBIT INDEX
<Table>
<Caption>
EXHIBIT
NUMBER DESCRIPTION
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10.1 First Amendment to the Credit and Guaranty Agreement dated as
of April 17, 2000 among Payless ShoeSource Finance, Inc., as
Borrower, Payless ShoeSource, Inc. and Certain of its
Subsidiaries, as Guarantors, various Lenders, Goldman Sachs
Credit Partners L.P., as Sole Lead Arranger and Sole
Syndication Agent, Bank One, NA, as Administrative Agent, and
First Union National Bank, as Documentation Agent dated as of
January 24, 2002.
99.1 Press Release, dated January 25, 2002.
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