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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): April 20, 1999
CAMDEN PROPERTY TRUST
(Exact name of Registrant as specified in its Charter)
TEXAS 1-12110 76-6088377
(State or other jurisdiction of (Commission file number) (I.R.S. Employer
incorporation or organization) Identification Number)
Three Greenway Plaza, Suite 1300, Houston, Texas 77046
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (713) 354-2500
Not applicable
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
Camden Property Trust, a Texas real estate investment trust (the
"Company"), has completed an offering of 7% Notes Due 2004 in an aggregate
principal amount of $200,000,000 (the "Notes") as described in the Company's
Prospectus Supplement dated April 15, 1999 to the Company's Prospectus dated
April 21, 1997 (the "Notes Offering"). The Notes were issued pursuant to the
Company's existing shelf registration statement.
The Notes bear interest at 7% from April 20, 1999, with interest
payable each April 15 and October 15 beginning October 15, 1999. The entire
principal amount of the Notes is due on April 15, 2004. The Notes are redeemable
at any time at the option of the Company, in whole or in part, at a redemption
price equal to the principal amount and accrued interest of the Notes being
redeemed, plus a make-whole premium.
The Notes were priced at a discount such that the Notes were offered to
the public at 99.440% of their face amount. The Notes Offering was underwritten
by Chase Securities Inc. , J.P. Morgan Securities Inc., NationsBanc Montgomery
Securities LLC, Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith
Incorporated and Warburg Dillon Read LLC (the "Underwriters") pursuant to the
Underwriting Agreement among the Company and the Underwriters dated April 15,
1999. The Notes were issued under an Indenture between the Company and U.S.
Trust Company of Texas, N.A., as trustee.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
1.1 Form of Underwriting Agreement among the Company and
the Underwriters dated April 15, 1999 relating to the
Notes Offering.
4.1 Indenture dated as of February 15, 1996 between the
Company and U.S. Trust Company of Texas, N.A., as
trustee (filed as Exhibit 4.1 to the Company's
Current Report on Form 8-K dated February 15, 1996
and incorporated herein by reference).
4.2 First Supplemental Indenture dated as of February 15,
1996 (filed as Exhibit 4.2 to the Company's Current
Report on Form 8-K dated February 15, 1996 and
incorporated herein by reference).
4.3 Form of Camden Property Trust 7% Note due April 20,
2004.
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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: April 21, 1999
CAMDEN PROPERTY TRUST
By: /s/ G. Steven Dawson
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G. Steven Dawson
Senior Vice President - Finance, Chief
Financial Officer, Treasurer and Secretary
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CAMDEN PROPERTY TRUST
INDEX TO EXHIBITS
EXHIBIT DESCRIPTION
- ------- -----------
1.1 Form of Underwriting Agreement among the Company
and the Underwriters dated April 15, 1999 relating
to the Notes Offering.
4.1 Indenture dated as of February 15, 1996 between
the Company and U.S. Trust Company of Texas,
N.A., as trustee (filed as Exhibit 4.1 to the
Company's Current Report on Form 8-K dated
February 15, 1996 and incorporated herein by
reference).
4.2 First Supplemental Indenture dated as of February
15, 1996 (filed as Exhibit 4.2 to the Company's
Current Report on Form 8-K dated February 15,
1996 and incorporated herein by reference).
4.3 Form of Camden Property Trust 7% Note due April
15, 2004.