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): July 2, 2018
SIGNET JEWELERS LIMITED
(Exact name of registrant as specified in its charter)
Commission File Number: 1-32349
Bermuda
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Not Applicable
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(State or other jurisdiction of incorporation)
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(IRS Employer Identification No.)
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Clarendon House
2 Church Street
Hamilton
HM11
Bermuda
(Address of principal executive offices, including zip code)
(441) 296 5872
(Registrant’s telephone number, including area code)
(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 Exchange Act (17 CFR
240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of
this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
On July 2, 2018, Signet Jewelers Limited (“Signet”) announced the completion
of its previously announced strategic outsourcing of its non-prime credit card receivables through a sale of its existing non-prime receivables and implementation of a forward flow purchase arrangement for future non-prime receivables. At
closing, Signet sold 70 percent of its existing non-prime receivables to funds managed by CarVal Investors and the remaining 30 percent to funds managed by Castlelake, L.P. The purchase price is $445.5 million in cash proceeds from the sale of
existing non-prime receivables excluding transaction costs, net of a 5 percent holdback.
Signet issued a press release relating to the closing. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference
herein.
Item 9.01 |
Financial Statements and Exhibits
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Exhibit Number
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Description
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99.1*
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Press Release, dated July 2, 2018
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*Filed herewith
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.
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SIGNET JEWELERS LIMITED
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Date: July 2, 2018
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By:
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/s/ Lynn Dennison
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Name:
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Lynn Dennison
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Title:
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Chief Legal & Transformation Officer
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EXHIBIT INDEX
Exhibit Number
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Description
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Press Release, dated July 2, 2018
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*Filed herewith