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 19, 2002
-----------------------------
AMERICAN SKIING COMPANY
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 1-13507 04-3373730
- --------------------------------------------------------------------------------
(State or other (Commission (IRS Employer
jurisdiction of incorporation File Number) Identification No.)
or organization)
P.O. Box 450, Bethel, Maine 04217
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (207) 824-8100
--------------------------
Not applicable
- --------------------------------------------------------------------------------
(Former name or former address if changed since last report)
Item 5. Other Events.
------------
On April 19, 2002, American Skiing Company amended its
Indenture, dated as of June 28, 1996, among American Skiing Company, the
Guarantors party thereto, and The Bank of New York, as successor trustee to
United States Trust Company of New York (as amended and supplemented, the
"Indenture") and the holders of the securities issued under the Indenture agreed
to waive a default arising thereunder. The letter to securityholders describing
the amendments and the waiver and the Fifth Supplemental Indenture to the
Indenture are attached as Exhibits 99.1 and 99.2 hereto and are incorporated
herein by reference.
Item 7. Financial Statements and Exhibits.
---------------------------------
(c) Exhibits
Exhibit Description
99.1 Letter to holders of the Company's 12% Senior
Subordinated Notes due 2006.
99.2 Fifth Supplemental Indenture, to Indenture, dated as of
June 28, 1996, among American Skiing Company, the
Guarantors party thereto, and The Bank of New York, as
successor trustee to United States Trust Company of New
York.
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.
Dated: April 23, 2002 AMERICAN SKIING COMPANY
By: /s/ Foster A. Stewart, Jr.
----------------------------------
Name: Foster A. Stewart, Jr.
Title: SVP and General Counsel
INDEX TO EXHIBITS
99.1 Letter to holders of the Company's 12% Senior Subordinated Notes due 2006.
99.2 Fifth Supplemental Indenture, to Indenture, dated as of June 28, 1996,
among American Skiing Company, the Guarantors party thereto, and The Bank
of New York, as successor trustee to United States Trust Company of New
York.