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 14, 2003 Century Aluminum Company (Exact name of registrant as specified in its charter) Delaware 0-27918 13-3070826 (State or other jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 2511 Garden Road Building A, Suite 200 Monterey, California 93940 (Address of principal executive offices) (Zip Code) (831) 642-9300 (Registrant's telephone number, including area code) Item 5. Other Events On January 14, 2003, Moody's Investor Service (Moody's) issued an announcement revising its long-term debt ratings and outlook for Century Aluminum Company (the Company). Moody's lowered the rating on the Company's 11 3/4% senior secured first mortgage notes due 2008 from Ba3 to B1 and the rating on its senior secured revolving credit facility from Ba2 to Ba3. Concurrently, Moody's changed the Company's outlook from negative to stable. A copy of the Moody's announcement is attached hereto as Exhibit 99.1. Item 7. Financial Statements and Exhibits. (c) Exhibits. The following exhibits are filed with this report on Form 8-K: Exhibit Number Description -------------- ----------- 99.1 Moody's Investors Service Announcement, dated January 14, 2003 -2- 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 thereunto duly authorized. CENTURY ALUMINUM COMPANY Date: January 16, 2003 By: /s/ Gerald J. Kitchen --------------------------------- Name: Gerald J. Kitchen Title: Executive Vice President, General Counsel and Secretary -3- EXHIBIT INDEX Exhibit Number Description -------------- ----------- 99.1 Moody's Investors Service Announcement, dated January 14, 2003 -4-