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): March 11, 2003
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TRUMP HOTELS & CASINO RESORTS, INC.
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-13794 13-3818402
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(State or other jurisdiction of (Commission File (I.R.S. Employer
incorporation) Number) Identification Number)
1000 Boardwalk
Atlantic City, New Jersey 08401
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (609) 449-6515
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TRUMP HOTELS & CASINO RESORTS HOLDINGS, L.P.
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(Exact Name of Registrant as Specified in Charter)
Delaware 33-90786 13-3818407
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(State or other jurisdiction of (Commission File (I.R.S. Employer
incorporation) Number) Identification Number)
1000 Boardwalk
Atlantic City, New Jersey 08401
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (609) 449-6515
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TRUMP HOTELS & CASINO RESORTS FUNDING, INC.
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(Exact Name of Registrant as Specified in Charter)
Delaware 33-90786-01 13-3818405
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(State or other jurisdiction of (Commission File (I.R.S. Employer
incorporation) Number) Identification Number)
1000 Boardwalk
Atlantic City, New Jersey 08401
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (609) 449-6515
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Item 5. Other Events and Regulation FD Disclosure
NEWS RELEASE
For: Trump Hotels & Casino Resorts, Inc.
(NYSE: DJT)
Contact: John P. Burke, Corporate Treasurer
(212) 891-1500
For Immediate Release:
TRUMP CASINO HOLDINGS, LLC TO OFFER
MORTGAGE NOTES IN PRIVATE PLACEMENT
New York, NY - March 11, 2003-----Trump Hotels & Casino Resorts, Inc., THCR,
today announced that Trump Casino Holdings, LLC and Trump Casino Funding, Inc.
will offer pursuant to a private placement $485 million aggregate principal
amount of two new issues of mortgage notes, consisting of $420 million aggregate
principal amount of first mortgage notes due March, 2010, anticipated to be
offered at a discount to their face amount, and $65 million aggregate principal
amount of second mortgage notes due thereafter. Donald J. Trump, the Chairman
and President of THCR may acquire up to $15 million of the second mortgage
notes. The interest rate on the notes and other terms are to be determined. It
is anticipated that the second mortgage notes will pay interest in cash at the
same rate as the first mortgage notes and additional interest in kind at a total
rate to be determined. The issuers, which were recently formed, intend to use
the net proceeds of the offering, if consummated, to redeem, repay or acquire
substantially all of the outstanding public indebtedness and bank debt of
Trump's Castle Associates, the public indebtedness of Trump Hotels & Casino
Resorts Holdings, L.P., the parent company of the issuers, the bank debt of
Trump Indiana, Inc. and the bank debt of THCR Management Services, LLC. The
proposed offering is subject to certain conditions.
It is contemplated that the proposed notes will be guaranteed on a secured
basis, subject to certain exceptions and exclusions, by the subsidiaries of the
issuers, which will include Trump's Castle Associates, L.P., the owner of the
Trump Marina Casino Resort in Atlantic City, New Jersey, Trump Indiana, Inc, the
owner of the Trump Indiana Riverboat Casino in Gary, Indiana, and THCR
Management Services, LLC, which manages a casino owned by the Twenty-Nine Palms
Band of Luiseno Mission Indians of California located near Palm Springs,
California.
This announcement is neither an offer to sell nor a solicitation of an offer to
buy any notes. This press release is being issued pursuant to and in accordance
with Rule 135c under the Securities Act of 1933, as amended (the "Securities
Act").
The notes to be offered have not been registered under the Securities Act, or
any applicable state securities laws and are being offered only to qualified
institutional buyers in reliance on Rule 144A under the Securities Act. Unless
so registered, the notes may not be offered or sold in the United States except
pursuant to an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and applicable state securities
laws.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor"
for forward-looking statements so long as those statements are identified as
forward-looking and are accompanied by meaningful cautionary statements
identifying important factors that could cause actual results to differ
materially from those projected in such statements.
All statements, trend analysis and other information contained in this release
relative to THCR's or its subsidiaries performance, trends in their operations
or financial results, plans, expectations, estimates and beliefs, as well as
other statements including words such as "anticipate," "believe," "plan,"
"estimate," "expect," "intend" and other similar expression, constitute
forward-looking statements under the Private Securities Litigation Reform Act of
1995. In connection with certain forward-looking statements contained in this
release and those that may be made in the future by or on behalf of issuers,
THCR notes that there are various factors that could cause actual results to
differ materially from those set forth in any such forward-looking statements.
The forward-looking statements contained in this release were prepared by
management and are qualified by, and subject to, significant business, economic,
competitive, regulatory and other uncertainties and contingencies, all of which
are difficult or impossible to predict and many of which are beyond the control
of the issuers. Accordingly, there can be no assurance that the forward-looking
statements contained in this release will be realized or that actual results
will not be significantly higher or lower. Readers of this release should
consider these facts in evaluating the information contained herein. In
addition, the business and operations of THCR and its subsidiaries are subject
to substantial risks, which increase the uncertainty inherent in the
forward-looking statements contained in this release. The inclusion of the
forward-looking statements contained in this release should not be regarded as a
representation by THCR or its subsidiaries or any other person that the
forward-looking statements contained in the release will be achieved. In light
of the foregoing, readers of this release are cautioned not to place undue
reliance on the forward-looking statements contained herein.
THCR is a public company which is approximately 46.6% beneficially owned by
Donald J. Trump. The Company is separate and distinct from all of Mr. Trump's
real estate and other holdings.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, each
of the registrants has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TRUMP HOTELS & CASINO RESORTS, INC.
Date: March 11, 2003 By: /s/ John P. Burke
Name: John P. Burke
Title: Executive Vice President and Corporate
Treasurer
TRUMP HOTELS & CASINO RESORTS HOLDINGS, L.P.
By: Trump Hotels & Casino Resorts, Inc., its
general partner
Date: March 11, 2003 By: /s/ John P. Burke
Name: John P. Burke
Title: Executive Vice President and Corporate
Treasurer
TRUMP HOTELS & CASINO RESORTS FUNDING, INC.
Date: March 11, 2003 By: /s/ John P. Burke
Name: John P. Burke
Title: Executive Vice President and Corporate
Treasurer