SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) of the
SECURITIES EXCHANGE ACT OF 1934
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Date of Report
December 17, 2002
(Date of earliest event reported)
BankAtlantic Bancorp, Inc.
(Exact name of registrant as specified in its Charter)
Florida 34-027228
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(State of other jurisdiction or (Commission File Number)
incorporation or organization)
1750 East Sunrise Blvd.
Ft. Lauderdale, Florida 33304
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(Address of principal executive offices) (Zip Code)
65-0507804
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(IRS Employer Identification No.)
(954) 760-5000
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Item 5. Other Events
On December 17, 2002, BankAtlantic Bancorp, Inc. issued a press release
announcing the sale of an aggregate of $65 million of trust preferred
securities in three separate private transactions in December 2002. The net
proceeds of approximately $63 million will be primarily used to retire the
Company's 9.5% trust preferred securities and the Company's 9% subordinated
debentures. On December 20, 2002, the Company issued a press release announcing
the redemption on January 21, 2003 of all of the $31.1 million outstanding 9.5%
trust preferred securities and on January 24, 2003 of all of the $21.0 million
outstanding 9.0% subordinated debentures. Copies of these press releases are
attached hereto as Exhibits 99.1 and 99.2.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99.1 Press Release dated December 17, 2002.
99.2 Press Release dated December 20, 2002.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
BANKATLANTIC BANCORP, INC.
By: /s/ JAMES A. WHITE
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James A. White
Executive Vice President
- Chief Financial Officer
Dated: December 23, 2002
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EXHIBIT INDEX
Exhibit Description
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99.1 Press Release dated December 17, 2002.
99.2 Press Release dated December 20, 2002.