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): July 1, 1997
CARRAMERICA REALTY CORPORATION
______________________________________________________
(Exact name of registrant as specified in its charter)
Maryland 1-11706 52-1796339
____________________________ ______________ ______________
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File No.) Identification
No.)
1700 Pennsylvania Avenue, N.W., Washington, D.C. 20006
________________________________________________ __________
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (202) 624-7500
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FORM 8-K
ITEM 1. Changes in Control of Registrant.
Not applicable.
ITEM 2. Acquisition or Disposition of Assets.
Not applicable.
ITEM 3. Bankruptcy or Receivership.
Not applicable.
ITEM 4. Changes in Registrant's Certifying Accountant.
Not applicable.
ITEM 5: Other Events.
A copy of the Registrant's press release, dated July 1, 1997, is
attached hereto as Exhibit 99.1.
ITEM 6. Resignations of Registrant's Directors.
Not applicable.
ITEM 7. Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits
Exhibit
Number
99.1 Press Release, July 1, 1997, entitled
"CarrAmerica Realty Corporation Announces
Sale of $275 Million of Unsecured Bonds".
ITEM 8. Change in Fiscal Year.
Not applicable.
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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.
Date: July 11, 1997 CARRAMERICA REALTY CORPORATION
By: /s/ BRIAN K. FIELDS
------------------------------
Brian K. Fields
Chief Financial Officer
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EXHIBIT INDEX
Exhibit Number Exhibit
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99.1 Press Release, July 1, 1997, entitled "CarrAmerica Realty
Corporation Announces Sale of $275 Million of Unsecured
Bonds".
Exhibit 99.1
Washington, D.C. -- July 1, 1997 -- CarrAmerica Realty Corporation
(NYSE:CRE) announced today the completion of a private offering of an aggregate
of $275 million principal amount of its long-term debt, in the form of $150
million aggregate principal amount of 7.20% coupon Notes yielding 7.249% and due
2004 and $125 million aggregate principal amount of 7.375% coupon Notes yielding
7.422% and due 2007.
The offering was made by means of an offering memorandum to qualified
institutional buyers and certain institutional accredited investors, and the
Notes have certain registration rights. Proceeds of the offering will be used to
fund acquisition and development activities, either through direct payments or
repayment of borrowings incurred to fund such activities, and for general
corporate purposes.
The Notes offered and sold in the private placement were not registered
under the Securities Act of 1933, as amended, and may not be offered or sold in
the United States without registration or an applicable exemption from the
registration requirements.
CarrAmerica Realty Corporation is a publicly traded real estate
investment trust that focuses primarily on the acquisition, development,
ownership and operation of office properties in select suburban markets across
the United States.
