SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchagne Act of 1934
Date of Report (Date of earliest event reported): July 1, 2003
QUICKSILVER RESOURCES 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)
001-14837 75-2756163
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(Commission File Number) (IRS Employer Identification No.)
777 West Rosedale, Suite 300
Fort Worth, Texas 76104
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(Address of principal executive offices) (Zip code)
(Registrant's telephone number, including area code): (817) 665-5000
N/A
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(Former name or former address, if changed since last report)
1
ITEM 5. OTHER EVENTS.
On July 1, 2003, Quicksilver Resources Inc., a Delaware corporation, issued
a press release announcing the redemption of $53 million of 14.75 percent Second
Mortgage Notes due in 2009. The notes were redeemed at 106 percent of par value
and were funded by a new $70 million second lien note single draw facility. The
new $70 million facility is a combined LIBOR based floating and seven and
one-half percent fixed interest rate commitment with a termination date of
December 31, 2006. A total of $30 million of the $70 million facility will be at
the floating rate, which will initially be 6.53 percent. The excess of the
facility over the $53 million repayment will be used to fund general working
capital including the company's 2003 capital expenditure budget. The press
release is attached to this Form 8-K as Exhibit 99.1 and incorporated herein by
reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
The following exhibit is filed herewith:
Exhibit No. Description
99.1 Press release dated July 1, 2003.
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 thereunto duly authorized.
QUICKSILVER RESOURCES INC.
Dated: July 3, 2003 By: /s/ Bill Lamkin
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Bill Lamkin, Executive Vice President
and Chief Financial Officer
EXHIBIT INDEX
Exhibit No. Description
99.1 Press Release dated July 1, 2003