03052004 Form 8-K


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): March 1, 2004


Gottschalks Inc.
(Exact name of registrant as specified in its charter)

Delaware
(State of Other Jurisdiction of Incorporation)

 

1-09100
77-0159791
 (Commission File Number)
(I.R.S. Employer Identification Number)

7 River Park Place East
Fresno, California    93720

(Address of principal executive offices including zip code)

(559) 434-4800
(Registrant's telephone number, including area code)

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)


Item 5. Other Events

Gottschalks Inc. (the "Company") completed a renewal of the $165.0 million senior secured financing agreement on March 1, 2004, with GE Capital acting as administrative agent for the lender syndicate, and CIT Business Credit, as syndication agent. The new facility replaces the Company's previously existing $165.0 million facility with General Electric Capital Corp., CIT Group/Business Credit, LaSalle Retail Finance and Wells Fargo Foothill, Inc. The financing agreement has a term of three years, with a maturity date of February 28, 2007, and is secured by substantially all of the Company's assets, including merchandise inventory.

INDEX TO EXHIBITS

Exhibit No.

Description

10 *

Credit Agreement (including Annex A and G) dated March 1, 2004, by and among Gottschalks Inc., GE Capital (Agent) and CIT Business Credit (Syndication Agent).

*    Also provided in PDF format as a courtesy.






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 thereunto duly authorized.




 

Gottschalks Inc.
(Registrant)

   
March 8, 2004

By: /s/ James R. Famalette
James R. Famalette
President and Chief Executive Officer

   
March 8, 2004

By: /s/ J. Gregory Ambro
J. Gregory Ambro
Chief Financial Officer