UNITED STATES
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): February 21, 2003
CBRL GROUP, INC.
Tennessee
0-25225
62-1749513
(State or Other Jurisdiction
(Commission File Number)
(I.R.S. Employer
of Incorporation)
Identification No.)
305 Hartmann Drive, Lebanon, Tennessee 37087
(615) 444-5533
#
Item 5. Other Events and Required FD Disclosure.
On February 21, 2003, CBRL Group, Inc. (the "Company") and it subsidiaries completed a new $300 million revolving credit facility with a consortium of lenders led by SunTrust Bank, as Administrative Agent. The new facility, which replaces the company's existing $250 million facility that was due to expire December 31, 2003, has a term of five years. As of February 21, 2003, the date of closing of the transaction, there were no amounts outstanding under either facility. The rate on borrowings under the new facility generally will be either the prime rate of SunTrust Bank or LIBOR plus a specified percentage (which varies from 0.75% to 1.75%, depending upon certain financial ratios of the Company).
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 hereunto duly authorized.
Dated: February 21, 2003
CBRL GROUP, INC.
By:
/s/ James F. Blackstock
Name:
James F. Blackstock
Title:
Senior Vice President, General
Counsel and Secretary