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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: March 2, 1998
CKE RESTAURANTS, INC.
(Exact name of registrant as specified in its charter)
Delaware 1-13192 33--0602639
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification Number)
1200 North Harbor Boulevard, Anaheim, California 92801
(Address of principal executive offices)
(714) 774-5796
(Registrant's telephone number, including area code)
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Item 5. Other Events
On March 2, 1998, CKE Restaurants, Inc. ("the Registrant") gave public
notice of its intention, subject to market and other conditions, to raise
$150,000,000 through an offering of convertible subordinated notes not
registered or required to be registered under the Securities Act of 1993, as
amended.
Attached as Exhibit 99.1 to this Current Report on Form 8-K is the text of the
notice of the proposed offering given by the Registrant on March 2, 1998.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99.1 Press Release - March 2, 1998 - CKE Restaurants Announces
Intentions to Raise $150 million.
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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.
CKE RESTAURANTS, INC.
Dated: March 10, 1998 /s/ CARL A. STRUNK
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Carl A. Strunk
Executive Vice President
Chief Financial Officer
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EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
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99.1 Press Release - March 2, 1998 - CKE Restaurants Announces
Intentions to Raise $150 million.
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NEWS RELEASE
FOR: CKE Restaurants, Inc.
CONTACT: Loren Pannier
CKE Restaurants, Inc.
714.778.7109
CKE RESTAURANTS, INC. ANNOUNCES
INTENTIONS TO RAISE $150 MILLION
ANAHEIM, Calif. -- March 2, 1998 -- CKE Restaurants, Inc. (NYSE:CKR)
today announced plans to raise $150 million in the private placement of
convertible subordinated notes due 2004, subject to market and other conditions.
The Company intends to use the proceeds from this offering to partially fund the
previously announced acquisition of 557 Hardee's restaurants from Advantica
Restaurant Group. It is contemplated that the notes will be convertible into CKE
Restaurants, Inc. common stock. No other terms were disclosed.
The securities offered will not be registered under the Securities Act
of 1933, as amended, or applicable state securities laws, and may not be offered
or sold absent registration under the Securities Act and applicable securities
laws or an available exemption from registration requirements. This announcement
shall not constitute an offer to sell or a solicitation of an offer to buy any
of such securities.
CKE Restaurants, Inc., through its subsidiaries, franchisees and
licensees, operates 708 Carl's Jr. quick-service restaurants, including 120
Carl's Jr./Green Burrito dual-brand locations, primarily located in California,
Nevada, Oregon, Arizona and Mexico; 3,038 Hardee's quick-service restaurants in
39 states and 10 foreign countries, including 77 Carl's Jr./Hardee's dual-brand
locations; 109 Taco Bueno quick-service restaurants in Texas and Oklahoma; 82
JB's Restaurants; 26 Rally's quick-service restaurants and six Galaxy Diner
restaurants.
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