UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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): DECEMBER 12, 2003 TOWER AUTOMOTIVE, INC. (Exact Name of Registrant as Specified in its Charter) DELAWARE (State or Other Jurisdiction of Incorporation) 1-12733 41-1746238 (Commission File Number) (I.R.S. Employer Identification No.) 5211 CASCADE ROAD SE - SUITE 300, GRAND RAPIDS, MICHIGAN 49546 (Address of Principal Executive Offices) (Zip Code) (616) 802-1600 (Registrant's Telephone Number, Including Area Code) NOT APPLICABLE (Former Name or Former Address, if Changed Since Last Report) Item 5. Other Events Tower Automotive Updates Status of Redemption of Convertible Notes Tower Automotive, Inc. will not complete the planned redemption of its $200 million unsecured convertible subordinated notes by the end of the fourth quarter of 2003 as the Company had previously communicated, due to delays in the completion of a collateral grant to its lenders. Under the terms of its current credit agreement, the Company may access an additional $200 million of revolving credit capacity for the express purpose of redeeming the notes upon the grant of a second stage of collateral to its lenders. The Company is currently in discussions with its bank lenders and intends to reach an agreement regarding the collateral grant and subsequently redeem the notes during fiscal 2004. The convertible subordinated notes bear interest at 5% and are due in August 2004. 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 thereunto duly authorized. TOWER AUTOMOTIVE, INC. Date: December 12, 2003 By: /s/ Kathy J. Johnston ----------------------------- Name: Kathy J. Johnston Title: Corporate Officer