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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) March 5, 1998
B. F. SAUL REAL ESTATE INVESTMENT TRUST
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(Exact name of registrant as specified in its charter)
Maryland 1-7184 52-6053341
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
8401 Connecticut Avenue, Chevy Chase, Maryland 20815
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (301) 986-6000
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N/A
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On March 4, 1998, B.F. Saul Real Estate Investment Trust announced that it plans
to issue approximately $200 million of Senior Secured Notes due 2008. The
Company intends to use the proceeds to redeem its existing Senior Secured Notes
due 2002 and for general corporate purposes. The Notes will not be registered
under the Securities Act of 1933 and may not be offered or sold in the United
States absent such registration or an applicable exemption from such
registration requirements. (See ITEM 7. EXHIBITS for Press Release dated
March 4, 1998.)
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ITEM 7. EXHIBITS
Press Release dated
March 4, 1998
FOR IMMEDIATE RELEASE CONTACT: Stephen R. Halpin, Jr.
Vice President &
Chief Financial Officer
(301) 986-6865
B. F. SAUL REAL ESTATE INVESTMENT TRUST
CONSIDERS ISSUANCE OF SENIOR SECURED NOTES
B.F. Saul Real Estate Investment Trust announced today that it plans to issue
approximately $200 million of Senior Secured Notes due 2008. The Company intends
to use the proceeds to redeem its existing Senior Secured Notes due 2002 and for
general corporate purposes. The Notes will not be registered under the
Securities Act of 1933 and may not be offered or sold in the United States
absent such registration or an applicable exemption from such
registration requirements.
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SIGNATURES
Pursuant to the requirement of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
B. F. SAUL REAL ESTATE INVESTMENT TRUST
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(Registrant)
Date: March 5, 1998 Stephen R. Halpin, Jr.
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Vice President and Chief Financial Officer
Date: March 5, 1998 Ross E. Heasley
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Vice President and Principal Accounting Officer
