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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) September 1, 1999
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MCM Capital Group, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 000-26489 48-1090909
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
500 West First Street, Hutchinson, Kansas 67501
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (800) 759-0327
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
MCM Capital Group, Inc. (the "Company"), through its wholly-owned
subsidiary Midland Credit Management, Inc., entered into a Loan Sale Agreement
(the "Agreement") with MBNA America Bank, N.A. to purchase certain charged off
credit card receivables. The Loan Sale Agreement became effective on September
1, 1999. MBNA is one of the leading credit card issuers in the United States.
The Company filed a press release announcing the Agreement on August
26, 1999. A copy of the press release is filed herewith as Exhibit 99.1 and is
incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
EXHIBIT
NUMBER DESCRIPTION
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10.1 Loan Sale Agreement described in Item 5 (1)
99.1 Press Release dated August 26, 1999
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(1) Certain information in this exhibit will be omitted and filed
separately with the Securities and Exchange Commission
pursuant to a confidential treatment request under Rule 24b-2
of the Securities and Exchange Act of 1934, as amended.
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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.
MCM Capital Group, Inc.
By /s/ R. Brooks Sherman
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R. Brooks Sherman
Executive Vice President
and Chief Financial Officer
Dated: October 1, 1999
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Exhibit Index
EXHIBIT
NUMBER DESCRIPTION
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10.1 Loan Sale Agreement described in Item 5 (1)
99.1 Press Release dated August 26, 1999
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(1) Certain information in this exhibit will be omitted and filed
separately with the Securities and Exchange Commission
pursuant to a confidential treatment request under Rule 24b-2
of the Securities and Exchange Act of 1934, as amended.
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