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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): April 28, 1997
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CITYSCAPE FINANCIAL CORP.
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(Exact name of registrant as specified in its charter)
DELAWARE 0-27314 11-2994671
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State or Other Jurisdiction Commission (IRS Employer
of Incorporation File Number Identification No.)
565 Taxter Road, Elmsford, New York 10523-5200
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(Address of Principal Executive Offices) Zip Code
Registrant's telephone number, including area code: (914) 592-6677
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Former name or former address,
if changed since last report
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Item 5. Other Events
On April 28, 1997, Cityscape Financial Corp. issued a press release
announcing that it is offering in a private placement $300 million in aggregate
principal amount of its Senior Notes due 2004. A copy of this press release,
dated April 28, 1997, has been filed with this Form 8-K as Exhibit 99.1 and is
hereby incorporated by reference.
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Item 7. FINANCIAL STATEMENTS. PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits
99.1 Press Release, dated April 28, 1997
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Current Report on Form 8-K to be signed on
its behalf by the undersigned hereunto duly authorized.
CITYSCAPE FINANCIAL CORP.
(Registrant)
By: /s/ Robert C. Patent
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Name: Robert C. Patent
Title: Executive Vice President
Dated: April 30, 1997
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INDEX TO EXHIBITS
Exhibits Description Page
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99.1 Press Release, dated April 24, 1997
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NEWS RELEASE . . . .
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(BW)(CITYSCAPE)(CTYS) Cityscape offers $300 million of its Senior Notes due 2004
Business Editors
ELMSFORD, N.Y. -- (BUSINESS WIRE) -- April 28, 1997 -- Cityscape
Financial Corp. (Nasdaq:CTYS) today announced that it is offering in a private
placement $300 million in aggregate principal amount of its Senior Notes due
2004. The Notes are noncallable for four years. The offering is scheduled to be
completed in early May.
The proceeds from the offering will be used to repay indebtedness and
for general corporate purposes.
The Notes have not been registered under the Securities Act of 1933, as
amended, and may not be offered or sold within the United States absent
registration or an applicable exemption from such registration requirements.
Cityscape Financial Corp. is a consumer finance company that, through
its wholly-owned subsidiaries, Cityscape Corp. and Cityscape (UK) Ltd., is
engaged in the business of originating, purchasing, selling and servicing
mortgage loans in the United States and the United Kingdom, secured primarily
by one- to four- family residences. Cityscape was founded in 1985 and is
headquartered in Elmsford, New York, with regional processing offices in
California, Georgia, Illinois and Virginia.
--30--rg/ng*
CONTACT: Robert C. Patent, EVP
Tim S. Ledwick, CFO
Cityscape Financial Corp.
(914) 592-6677
or
Michele Katz/Geoffrey Buscher/Jason Langer
Press: Stan Froelich/Elisabeth Philippe
Morgen-Walke Associates
(212) 850-5600
[MORGEN-WALKE ASSOCIATES, INC. LETTERHEAD]
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