SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): May 15, 2000
ANTHRACITE CAPITAL, INC.
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(Exact name of Registrant as Specified in Charter)
Maryland 001-13937 13-397-8906
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
345 Park Avenue, New York, NY 10154
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (212) 409-3333
N/A
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(Former Name or Former Address, if Changed Since Last Report)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
On May 15, 2000, Anthracite Capital, Inc. (the "Company")
announced that it had completed the previously announced merger (the
"Merger") of a wholly owned subsidiary of the Company with and into CORE
Cap, Inc. The press release relating to the Merger is attached hereto as
Exhibits 99.1.
Additionally, on May 22, 2000 the Company held its annual
meeting at which the proposal to permit conversion of the Company's 10%
Series B Cumulative Convertible Redeemable Preferred Stock (the "Series B
Preferred Stock") was approved by the Company's stockholders. Accordingly,
the Series B Preferred Stock is convertible at any time into shares of the
Company's common stock at an initial conversion price of $17.09 and the
dividend rate for such shares will remain at 10% per annum.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS.
(c) Exhibits.
99.1 Press Release issued by the Company, dated May 15, 2000.
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.
ANTHRACITE CAPITAL, INC.
By: /s/ Richard M. Shea
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Name: Richard M. Shea
Title: Chief Operating Officer and
Chief Financial Officer
Dated: May 30, 2000
EXHIBIT INDEX
Designation Description
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99.1 Press Release issued by the Company, dated May 15, 2000.