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): January 27, 2003
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Reckson Associates Realty Corp.
and
Reckson Operating Partnership, L.P.
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(Exact name of registrant as specified in its charter)
Reckson Associates Realty Corp. - Maryland
Reckson Operating Partnership, L.P. - Delaware
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(State or other jurisdiction of incorporation)
1-13762 Reckson Associates Realty Corp.
----------------------------------- 11-323650
Commission File Number Reckson Operating Partnership, L.P.
11-3233647
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(IRS Employer Identification No.)
225 Broadhollow Road, Melville, New York 11747
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(Address of principal executive offices) (Zip Code)
(631) 694-6900
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(Registrant's telephone number, including area code)
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Item 5. Other Events.
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On January 27, 2003, Reckson Associates Realty Corp. announced that
Reckson Operating Partnership, L.P. has refinanced its unsecured revolving
credit facility with a group of banks. J.P. Morgan Securities Inc. and Salomon
Smith Barney Inc. acted as co-lead arrangers and joint bookrunners.
A copy of the press release announcing Reckson Operating Partnership,
L.P.'s signing of the First Amendment to the Second Amended and Restated Credit
Agreement: and a copy of the First Amendment to the Second Amended and Restated
Credit Agreement and a copy of the Second Amended and Restated Credit Agreement
are attached as Exhibits 99.1 and 99.2, respectively, to this Form 8-K and are
incorporated by reference herein.
Item 7. Financial Statements and Exhibits.
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(c) Exhibits.
Exhibit Number Description of Exhibit
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99.1. Press release, dated January 27, 2003.
99.2. First Amendment to the Second Amended and Restated Credit
Agreement, dated as of January 24, 2003, between and among
Reckson Operating Partnership, L.P., JPMorgan Chase Bank, as
Administrative Agent for the institutions from time to time
party thereto as Lenders and Key Bank, N.A., as New Lender;
and Second Amended and Restated Credit Agreement, between and
among Reckson Operating Partnership, L.P., the institutions
from time to time party thereto as Lenders and JPMorgan Chase
Bank, as Administrative Agent.
99.3. Form of Promissory Note to the Second Amended and Restated
Credit Agreement, between and among Reckson Operating
Partnership, L.P., the institutions from time to time party
thereto as Lenders and JPMorgan Chase Bank, as Administrative
Agent.
99.4. Form of Guarantee Agreement to the Second Amended and Restated
Credit Agreement, between and among Reckson Operating
Partnership, L.P., the institutions from time to time party
thereto as Lenders and JPMorgan Chase Bank, as Administrative
Agent.
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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.
RECKSON ASSOCIATES REALTY CORP.
By: /s/ Scott Rechler
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Name: Scott Rechler
Title: Co-Chief Executive Officer
RECKSON OPERATING PARTNERSHIP, L.P.
By: Reckson Associates Realty Corp.,
its General Partner
By: /s/ Scott Rechler
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Name: Scott Rechler
Title: Co-Chief Executive Officer
Date: January 27, 2003
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Exhibit Index
Exhibit Description
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99.1 Press release, dated January 27, 2003.
99.2 First Amendment to the Second Amended and Restated Credit
Agreement, dated as of January 24, 2003, between and among
Reckson Operating Partnership, L.P., JPMorgan Chase Bank, as
Administrative Agent for the institutions from time to time
party thereto as Lenders and Key Bank, N.A., as New Lender;
and Second Amended and Restated Credit Agreement, between
and among Reckson Operating Partnership, L.P., the
institutions from time to time party thereto as Lenders and
JPMorgan Chase Bank, as Administrative Agent.
99.3. Form of Promissory Note to the Second Amended and Restated
Credit Agreement, between and among Reckson Operating
Partnership, L.P., the institutions from time to time party
thereto as Lenders and JPMorgan Chase Bank, as
Administrative Agent.
99.4. Form of Guarantee Agreement to the Second Amended and
Restated Credit Agreement, between and among Reckson
Operating Partnership, L.P., the institutions from time to
time party thereto as Lenders and JPMorgan Chase Bank, as
Administrative Agent.