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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): March 25, 1998
Planet Hollywood International, Inc.
(Exact Name of Registrant as Specified in its Charter)
Delaware 000-28230 59-3283783
(State or Other (Commission File (IRS Employer
Jurisdiction of Number) Identification
Incorporation) Number)
8669 Commodity Circle
Orlando, FL 32819
(Address of Principal Executive Office)
Registrant's telephone number, including area code: (407) 363-7827
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Item 5. Other Events
Planet Hollywood International, Inc. ("PHII") has completed the
offering (the "Offering") of $250 million aggregate principal amount of its
12% senior subordinated notes due 2005 in an unregistered distribution
pursuant to Rule 144A of the Securities Act of 1933.
A copy of the press release issued by PHII on March 26, 1998 with
respect to the Offering is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Description
99.1 Press Release dated March 26, 1998
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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.
Planet Hollywood International, Inc.,
By: /s/ Thomas Avallone
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Executive Vice President and Chief
Financial Officer
March 9, 1998
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EXHIBIT INDEX
Exhibit No. Description of Exhibit
99.1 Press Release dated March 26, 1998
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Exhibit 99.1
Orlando, FL, March 26, 1998 -- Planet Hollywood International,
Inc. (NYSE: PHL) announced today that it has completed the private offering
in a distribution pursuant to Rule 144A under the Securities Act of 1933 of
$250 million principal amount its 12% senior subordinated notes due 2005.
The net proceeds of the offering are anticipated to be used for capital
expenditures associated with new strategic ventures in the consumer
products, lodging, gaming and movie exhibition sectors and the construction
of additional theme restaurants and for the repayment of outstanding bank
borrowings and general corporate purposes.
The notes have not been registered under the Securities Act of
1933 or any state securities laws and, unless so registered, may not be
sold except pursuant to an exemption from, or in a transaction not subject
to, the registration requirements of the Securities Act of 1933 and
applicable state securities laws.
