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 12, 2016
 
 
GAMCO INVESTORS, INC.
(Exact name of registrant as specified in its charter)
 
Delaware
 
1-14761
 
13-4007862
(State or other
jurisdiction of incorporation)
 
(Commission File Number)
 
(IRS Employer
Identification No.)
 
 
 
One Corporate Center, Rye, NY
 
 
 
10580
(Address of principal executive offices)
 
 
 
(Zip Code)
 
Registrant's telephone number, including area code     (914) 921-3700


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)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




 
 
 
Item 8.01
 
Other Events.
 
During the period August 12-17, 2016, GAMCO Investors, Inc. ("GAMCO") paid $120 million to Associated Capital Group, Inc. ("AC") to partially satisfy the $230 million AC 4% PIK Note (due November 30, 2020) ("AC PIK Note").  As agreed to between GAMCO and AC, this prepayment will extinguish GAMCO's $30 million principal repayment obligation due on November 30, 2016, $30 million of the $50 million principal repayment obligation due on November 30, 2017, $30 million of the $50 million principal repayment obligation due on November 30, 2018, and $30 million of the $50 million principal repayment obligation due on November 30, 2019.  Accordingly, there remains $110 million in principal outstanding, with $20 million due on November 30, 2017, 2018 and 2019 and $50 million due on November 30, 2020.  No other terms of the AC PIK Note have been changed as a result of this prepayment.
 
 
 
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.
 
GAMCO Investors, Inc.
 
By: /s/ Kieran Caterina
 
Kieran Caterina
Senior Vice President and Co-Chief Accounting Officer
 
Date:August 17, 2016