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):
August 8, 2007
CASH AMERICA INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
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Texas
(State of incorporation)
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1-9733
(Commission File No.)
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75-2018239
(IRS Employer Identification No.) |
1600 West 7th Street
Fort Worth, Texas 76102
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code: (817) 335-1100
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
TABLE OF CONTENTS
ITEM 7.01. REGULATION FD DISCLOSURE.
On August 8, 2007, the Company issued a press release announcing that it received gross proceeds in
the amount of $16.8 million on the sale of its residual position in its formerly wholly-owned
subsidiary, Svensk Pantbelåning. The Company sold Svensk Pantbelåning in September 2004 for cash
and two subordinated notes receivable. One of the notes receivable was convertible into
approximately 27.7% of the parent company of Svensk Pantbelåning on a fully-diluted basis. Svensk
Pantbelåning was sold to a third party in early August. The $16.8 million received in the
transaction represented payment of principal and interest owed on the notes receivable and the
proceeds on the sale of the Companys ownership rights under the convertible note. The Company also
announced that it will use these proceeds for general corporate purposes, including the opportunity
to repurchase Company shares on the open market.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
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Exhibit |
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No. |
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Description |
99.1
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Press Release dated August 8, 2007. |
Statement Regarding Forward Looking Information
This release contains forward-looking statements about the business, financial condition and
prospects of Cash America International, Inc. and its subsidiaries (the Company). The actual
results of the Company could differ materially from those indicated by the forward-looking
statements because of various risks and uncertainties including, without limitation, changes in
demand for the Companys services, the actions of third parties who offer products and services at
the Companys locations, fluctuations in the price of gold, changes in competition, the ability of
the Company to open new operating units in accordance with its plans, economic conditions, real
estate market fluctuations, interest rate fluctuations, changes in foreign currency exchange rates,
changes in the capital markets, changes in tax and other laws and governmental rules and
regulations applicable to the Companys business, the ability to successfully integrate newly
acquired businesses into the Companys operations and other risks indicated in the Companys
filings with the Securities and Exchange Commission. These risks and uncertainties are beyond the
ability of the Company to control, nor can the Company predict, in many cases, all of the risks and
uncertainties that could cause its actual results to differ materially from those indicated by the
forward-looking statements. When used in this release, terms such as believes, estimates,
plans, expects, anticipates and similar expressions as they relate to the Company or its
management are intended to identify forward-looking statements. The Company disclaims any
intention or obligation to update or revise any forward-looking statements to reflect events or
circumstances occurring after the date of this release.