UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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)
August 23, 2006
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CONN'S, INC.
(Exact name of registrant as specified in charter)
Delaware
(State or other Jurisdiction of Incorporation or Organization)
000-50421 06-1672840
(Commission File Number) (IRS Employer Identification No.)
3295 College Street
Beaumont, Texas 77701
(Address of Principal Executive
Offices and zip code)
(409) 832-1696
(Registrant's telephone
number, including area code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Securities Act (17
CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) 12 under the
Securities Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) 12 under the
Securities Act (17 CFR 240.13e-2(c))
Item 1.01 Entry into a Material Definitive Agreement.
Second Supplemental Indenture: On August 23, 2006, the Company, through
Conn Funding II, L.P., a special purpose affiliate of the Company, entered a
"Second Supplemental Indenture" with Wells Fargo Bank, National Association, as
Trustee, amending its "Base Indenture" dated September 1, 2002 (as amended,
supplemented and otherwise modified through the date of the Second Supplemental
Indenture).
This Second Supplemental Indenture provides for an increase in the
Variable Funding Note issued under the Indenture of $50,000,000, from
$250,000,000 to $300,000,000, amends the existing "change in control" provisions
by placing certain limitations on the acquisition of the Company by third
parties, the failure of the Company to continue its existing ownership of Conn
Appliances, Inc. and a change in the existing partnership structure of Conn
Funding II, L.P., provides for an increase in the eligible receivables
limitation for funding of certain receivables, and allows the Company to include
certain retail installment contracts and revolving charge agreement receivables,
including the Company's Cash Option and Deferred Interest Receivables for terms
up to 48 months in the eligible asset base of its asset backed securitization
financing arrangements, providing partial funding of these receivables. Other
amendments were made to provide specificity required in conformance with
Statement of Financial Accounting Standards No. 140, Accounting for the
Transfers and Servicing of Financial Assets and Extinguishment of Liabilities.
Item 9.01 Financial Statements and Exhibits
Exhibit 99.1 Second Supplemental Indenture
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.
CONN'S, INC.
Date: August 25, 2006 By: /s/ David L. Rogers
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David L. Rogers
Chief Financial Officer
EXHIBIT 99.1
SECOND SUPPLEMENTAL INDENTURE
