ATLANTIC EXPRESS TRANSPORTATION CORP
8-K, 2000-12-22
LOCAL & SUBURBAN TRANSIT & INTERURBAN HWY PASSENGER TRANS
Previous: AMERICAN SKANDIA MASTER TRUST, NSAR-B, EX-99, 2000-12-22
Next: ATLANTIC EXPRESS TRANSPORTATION CORP, 8-K, EX-99.1, 2000-12-22




                       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) December 22, 2000 (December 21, 2000)
                                  -------------------------------------

                      ATLANTIC EXPRESS TRANSPORTATION CORP.
--------------------------------------------------------------------------------
               (Exact name of Registrant as specified in charter)

        New York                     0-24247                     13-3923467
-------------------------          ------------              ------------------
(State or other jurisdic-          (Commission                 (IRS Employer
 tion of incorporation)            File Number)              Identification No.)

7 North Street, Staten Island, New York                              10302
--------------------------------------------------------------------------------
(Address of principal executive offices)                          (Zip Code)

Registrant's telephone number, including area code: (718) 442-7000
                                                    --------------


<PAGE>

Item 5.  Other Events

      On  December  21,  2000,  Atlantic  Express   Transportation   Corp.  (the
"Company),  announced  that it has closed on its new 125 million  dollar  credit
facility and that the Company's  offer to purchase up to  $30,000,000  aggregate
principal  amount of its  outstanding  Notes for $1,000 in cash per $1,000  face
amount  of the  Notes,  plus  interest  at per  annum  rate of 10 3/4%  from and
including August 21, 2000,  expired at 5 p.m. New York City time on December 21,
2000. The offer to purchase and  withdrawal  rights has not been extended by the
Company.

      The terms of the offer by the  Company  to  purchase  the Notes is briefly
summarized  in this Form 8-K - for a more detailed  description  of the offer by
the Company to  purchase  the Notes see the form of our press  release  attached
hereto as  Exhibit  99.1,  dated  December  21,  2000,  and our Form 8-K,  dated
November 27, 2000, which is incorporated by reference to this Form 8-K.


                                        2
<PAGE>

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits

      (c)   Exhibits

            99.1  Press release of Atlantic Express  Transportation  Corp. dated
                  December 21, 2000


                                        3
<PAGE>

                                   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.

                                         ATLANTIC EXPRESS TRANSPORTATION CORP.

December 22, 2000                        By: \s\ Nathan Schlenker
                                             ---------------------------------
                                                 Nathan Schlenker, CFO


                                        4


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission