Current Report

 

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: August 19, 2003

(Date of earliest event reported)

 

 

POTLATCH CORPORATION

(Exact name of registrant as specified in its charter)

 

 

Delaware   1-5313   82-0156045

(State or Other Jurisdiction

of Incorporation)

  

(Commission

File Number)

  

(I.R.S. Employer

Identification Number)

 

 

601 W. Riverside Avenue, Suite 1100, Spokane, WA   99201
(Address of principal executive offices)   (Zip Code)

 

 

509-835-1500

(Registrant’s telephone number,

including area code)

 

Item 5.

 

Effective August 18, 2003, we reinstated our fixed-to-variable interest rate swap, which is used to hedge the fixed interest rate payable on $165 million of our $250 million principal amount 10% senior subordinated debentures due 2011. The variable interest rate we pay will be determined semi-annually in arrears and will be equal to LIBOR plus 4.80%.

SIGNATURE

 

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.

 

Dated: August 19, 2003

 

POTLATCH CORPORATION

 

By:

  

/S/    MALCOLM A. RYERSE     

    Malcolm A. Ryerse
    Corporate Secretary