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, 1999
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THE TALBOTS, INC.
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-12552 41-1111318
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
175 Beal Street, Hingham, Massachusetts 02043
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (781) 749-7600
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INFORMATION TO BE INCLUDED IN THE REPORT
Item 5. Other Events.
On April 28, 1999, The Sakura Bank, Limited approved an extension of
its Revolving Credit Agreement dated as of January 25, 1994, and as amended on
November 21, 1995 and on April 18, 1996, among The Talbots, Inc. ("Talbots") as
borrower, and The Sakura Bank, Limited (the "Revolving Credit Agreement"). The
expiration date of such Revolving Credit Agreement is extended until January 28,
2001.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
Exhibit 99.1 Confirmation of Extension dated April
28, 1999 from The Sakura Bank, Limited to
Talbots, relating to the Revolving Credit
Agreement.
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SIGNATURE
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.
THE TALBOTS, INC.
CAROL GORDON STONE
Dated: May 25, 1999 By: _______________________________
Carol Gordon Stone
Vice President, Corporate Controller
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EXHIBIT INDEX
Exhibit 99.1 Confirmation of Extension dated April
28, 1999 from The Sakura Bank, Limited to
Talbots, relating to the Revolving Credit
Agreement.
[LETTERHEAD OF THE SAKURA BANK, LIMITED]
April 28, 1999
Mr. Edward L. Larsen
Senior Vice President
THE TALBOTS, INC.
175 Beal Street
Hingham, MA 02043
Re: Revolving Credit Agreement dated as of January 25, 1994, and as amended
on November 21, 1995 and on April 18, 1996, among The Talbots, Inc. as
borrower, and The Sakura Bank, Limited (the "Agreement").
Pursuant to Section 14(j), we hereby inform you that we extended the
Revolving Credit Facility (as defined in the Agreement), which will expire on
February 10, 2000 so that it would expire on January 28, 2001.
Very truly yours,
The Sakura Bank, Limited
New York Branch
/s/ Yoichi Sawabe
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Yoichi Sawabe
Vice President
cc: Mr. Natsuki Kaida
Vice President & Treasurer
Jusco (U.S.A.), Inc.
