UNITED STATES
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):
January 6, 1999
THE QUIZNO'S CORPORATION
(Exact name of registrant as specified in its charter)
Colorado 000-23174 84-1169286
(State or other (Commission File (IRS Employer
jurisdiction Number) Identification No.)
of incorporation)
1099 18th Street, Suite 2850, Denver, Colorado, 80202 (Address of principal
executive offices) (Zip Code)
Registrant's telephone number, including area code: (303) 291-0999
None
(Former name or former address, if changes since last report)
Item 5. Other Events. On January 6, 1999, The Quizno's Corporation ("Quizno's")
paid off the remaining principal amount, approximately $1.3 million, of its
convertible subordinated loan from Retail & Restaurant Growth Capital, L.P.
("RRGC") of Dallas, Texas. In addition, Quizno's paid $500,000 to redeem all of
its outstanding Class B Preferred Stock, which was owned by RRGC. As required by
the loan agreement, Quizno's issued to RRGC a warrant to purchase 372,847 shares
of Quizno's common stock at an exercise price of $3.10 (adjustable in certain
circumstances) expiring on December 31, 2004. The RRGC debt had been convertible
on similar terms. Such payments were financed by a loan from a commercial
source.
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.
THE QUIZNO'S CORPORATION
Date: January 8, 1999 By:/s/ John L. Gallivan
John L. Gallivan, Chief Financial Officer
