Attached files
| file | filename |
|---|---|
| EX-99.12 - CALIFORNIA PETROLEUM TRANSPORT CORP | d1091647_ex99-12.htm |
| EX-99.7 - CALIFORNIA PETROLEUM TRANSPORT CORP | d1091647_ex99-7.htm |
| EX-99.2 - CALIFORNIA PETROLEUM TRANSPORT CORP | d1091647_ex99-2.htm |
| EX-99.5 - CALIFORNIA PETROLEUM TRANSPORT CORP | d1091647_ex99-5.htm |
| EX-99.6 - CALIFORNIA PETROLEUM TRANSPORT CORP | d1091647_ex99-6.htm |
| EX-99.1 - CALIFORNIA PETROLEUM TRANSPORT CORP | d1091647_ex99-1.htm |
| EX-99.4 - CALIFORNIA PETROLEUM TRANSPORT CORP | d1091647_ex99-4.htm |
| EX-99.9 - CALIFORNIA PETROLEUM TRANSPORT CORP | d1091647_ex99-9.htm |
| EX-99.8 - CALIFORNIA PETROLEUM TRANSPORT CORP | d1091647_ex99-8.htm |
| EX-99.3 - CALIFORNIA PETROLEUM TRANSPORT CORP | d1091647_ex99-3.htm |
| EX-99.11 - CALIFORNIA PETROLEUM TRANSPORT CORP | d1091647_ex99-11.htm |
| EX-99.10 - CALIFORNIA PETROLEUM TRANSPORT CORP | d1091647_ex99-10.htm |
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): April 16, 2010
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California
Petroleum Transport Corporation
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||
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(Exact
name of registrant as specified in its charter)
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||
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Delaware
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033-79220
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04-3232976
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(State
or other jurisdiction of
incorporation or organization) |
(Commission
File Number)
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(IRS
employer identification no.)
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68
South Service Road, Suite 120, Melville, New York
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11747
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(Address
of principal executive offices)
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(Zip
Code)
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(Registrant's
telephone number, including area code): (212) 302
5151
(Former
Name or Former Address, if Changed Since Last Report): None
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 (see General Instruction A.2. below):
[_] Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[_] Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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[_]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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[_]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
1.01. Entry into a Material Definitive
Agreement
On April
8, 2010, California Petroleum Transport Corporation (the "Company") announced
the sale of the M.T. "Front Voyager" (Official Number 731991) (the "Vessel") by
CalPetro Tankers (Bahamas III) Limited ("CPT III"), an unaffiliated company
incorporated in the Bahamas, and the release of the Vessel from the collateral
securing the Company's 8.52% First Preferred Mortgage Notes due 2015 (the
"Notes"). As set forth in the consent solicitation commenced by
the Company on February 17, 2010 and expired on March 2, 2010 in which the
holders of the Notes validly consented to such sale of the Vessel, such
release of the Vessel from the collateral securing the Notes, and the
redemption and cancellation of the portion of outstanding principal amount of
Notes allocated to the Vessel (the "Redemption) on such terms as fully described
in the Notice of Redemption to holders of the Notes filed by the Company on Form
8-K on April 8, 2010 (the "Consent Solicitation"), the Company
amended certain material definitive agreements, listed as Exhibits 99.1, 99.2
and 99.3 in the Exhibit Index.
Item
1.02. Termination of a Material Definitive
Agreement
In
connection with the sale of the Vessel and as set forth in the Consent
Solicitation, the Company terminated certain material definitive agreements,
listed as Exhibits 99.4 through 99.12 in the Exhibit Index.
Item
8.01. Other Events
On April 13, 2010, the Company
completed the Redemption as set forth in the Notice of Redemption to holders of
the Notes, filed by the Company on Form 8-K on April 8, 2010.
Item
9.01. Financial Statements and Exhibits
(d) Exhibits
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Exhibit No.
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Description
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99.1
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Amendment
No. 2 to the Collateral Trust Agreement, dated April 1, 2010, between the
Company, CPT III, CalPetro Tankers (Bahamas I) Limited, CalPetro Tankers
(Bahamas II) Limited, CalPetro Tankers (IOM) Limited, the Indenture
Trustee under the Term Indenture, and the Collateral Trustee under the
Collateral Trust Agreement
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99.2
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Supplement
No. 2 to the Term Indenture, between the Company and the Indenture Trustee
under the Term Indenture, dated as of April 8, 2010
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99.3
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Supplement
No. 3 to the Term Indenture, between the Company and the Indenture Trustee
under the Term Indenture, dated as of April 8, 2010
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99.4
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Termination
of Assignment of Charter, between CPTC, CPT III and the Collateral Trustee
under the Collateral Trust Agreement, dated as of April 8,
2010
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99.5
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Termination
of Collateral Assignment of Charter, between the Company and the
Collateral Trustee under the Collateral Trust Agreement, dated as of April
8, 2010
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99.6
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Termination
of Assignment of Mortgage, between the Company and the Collateral Trustee
under the Collateral Trust Agreement, dated as of April 8,
2010
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99.7
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Termination
of Statutory Mortgage, between the Company, CPTC and the Collateral
Trustee under the Collateral Trust Agreement, dated as of April 8,
2010
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99.8
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Termination
of Deed of Covenants, between the Company, CPTC and the Collateral Trustee
under the Collateral Trust Agreement, dated as of April 8,
2010
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99.9
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Termination
of Term Loan Agreement, between the Company and the Collateral Trustee
under the Collateral Trust Agreement, dated as of April 8,
2010
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99.10
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Termination
of Debenture, between the Company and CPT III, dated as of April 8,
2010
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99.11
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Termination
of Assignment of Earnings and Insurances, between the Company and CPT III,
dated as of April 8, 2010
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99.12
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Termination
of Purchase Agreement, between the Company and CPT III, dated as of April
8, 2010
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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.
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CALIFORNIA
PETROLEUM TRANSPORT CORPORATION
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||||
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(Registrant)
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||||
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Dated:
April 16, 2010
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By:
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/s/ Frank B. Bilotta | ||
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Name: Frank
B. Bilotta
Title: President
and Treasurer
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||||
EXHIBIT
INDEX
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Exhibit No.
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Description
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99.1
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Amendment
No. 2 to the Collateral Trust Agreement, dated April 1, 2010, between the
Company, CPT III, CalPetro Tankers (Bahamas I) Limited, CalPetro Tankers
(Bahamas II) Limited, CalPetro Tankers (IOM) Limited, the Indenture
Trustee under the Term Indenture, and the Collateral Trustee under the
Collateral Trust Agreement
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99.2
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Supplement
No. 2 to the Term Indenture, between the Company and the Indenture Trustee
under the Term Indenture, dated as of April 8, 2010
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99.3
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Supplement
No. 3 to the Term Indenture, between the Company and the Indenture Trustee
under the Term Indenture, dated as of April 8, 2010
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99.4
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Termination
of Assignment of Charter, between CPTC, CPT III and the Collateral Trustee
under the Collateral Trust Agreement, dated as of April 8,
2010
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99.5
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Termination
of Collateral Assignment of Charter, between the Company and the
Collateral Trustee under the Collateral Trust Agreement, dated as of April
8, 2010
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99.6
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Termination
of Assignment of Mortgage, between the Company and the Collateral Trustee
under the Collateral Trust Agreement, dated as of April 8,
2010
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99.7
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Termination
of Statutory Mortgage, between the Company, CPTC and the Collateral
Trustee under the Collateral Trust Agreement, dated as of April 8,
2010
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99.8
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Termination
of Deed of Covenants, between the Company, CPTC and the Collateral Trustee
under the Collateral Trust Agreement, dated as of April 8,
2010
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99.9
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Termination
of Term Loan Agreement, between the Company and the Collateral Trustee
under the Collateral Trust Agreement, dated as of April 8,
2010
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99.10
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Termination
of Debenture, between the Company and CPT III, dated as of April 8,
2010
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99.11
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Termination
of Assignment of Earnings and Insurances, between the Company and CPT III,
dated as of April 8, 2010
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99.12
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Termination
of Purchase Agreement, between the Company and CPT III, dated as of April
8, 2010
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SK 26796
0003 1091647