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): June 29, 2004
SPECTRASITE, INC.
(Exact name of Registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation or organization)
001-31769 56-2027322
(Commission File Number) (I.R.S. Employer Identification Number)
400 Regency Forest Drive
CARY, NORTH CAROLINA 27511
(Address of principal executive offices) (Zip Code)
(919) 468-0112
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
On June 30, 2004, SpectraSite, Inc. announced that effective June 29,
2004, SpectraSite Communications, Inc. ("Communications"), a wholly owned
subsidiary of SpectraSite, Inc., amended its credit facility. The amendment,
among other things, (i) provides for a $216.5 million basket that permits
Communications to repurchase SpectraSite, Inc.'s existing debt with a sublimit
of up to $175 million that could be used to repurchase Spectrasite, Inc.'s
common stock or to pay dividends to SpectraSite, Inc.'s stockholders, (ii)
tightens the existing borrower leverage ratio and (iii) provides for certain
documentation changes.The press release is attached to this report as Exhibit
99.1 and is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial statements of businesses acquired.
None.
(b) Pro forma financial information.
None.
(c) Exhibits.
99.1 Press Release dated June 30, 2004.
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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.
SPECTRASITE, INC.
DATED: July 1, 2004 BY: /s/ David P. Tomick
-----------------------------
David P. Tomick
Executive Vice President
and Chief Financial Officer
EXHIBIT INDEX
99.1 Press Release dated June 30, 2004.