-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, A0cSfnivo8HhI1hq81+SD0qnSV3BDgCUZ87AwXQNHQ3fTW/IburhLjSMazyzoLcD tMiIileuFk3yDAo11YbmFw== 0001047469-07-001184.txt : 20070214 0001047469-07-001184.hdr.sgml : 20070214 20070214172254 ACCESSION NUMBER: 0001047469-07-001184 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20070214 DATE AS OF CHANGE: 20070214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NTELOS HOLDINGS CORP CENTRAL INDEX KEY: 0001328571 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 364573125 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-81661 FILM NUMBER: 07622758 BUSINESS ADDRESS: STREET 1: 401 SPRING LANE, SUITE 300 STREET 2: P.O. BOX 1990 CITY: WAYNESBORO STATE: VA ZIP: 22980 BUSINESS PHONE: 5409463500 MAIL ADDRESS: STREET 1: 401 SPRING LANE, SUITE 300 STREET 2: P.O. BOX 1990 CITY: WAYNESBORO STATE: VA ZIP: 22980 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CITIGROUP INC CENTRAL INDEX KEY: 0000831001 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 521568099 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 399 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10043 BUSINESS PHONE: 2125591000 MAIL ADDRESS: STREET 1: 399 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10043 FORMER COMPANY: FORMER CONFORMED NAME: TRAVELERS GROUP INC DATE OF NAME CHANGE: 19950519 FORMER COMPANY: FORMER CONFORMED NAME: TRAVELERS INC DATE OF NAME CHANGE: 19940103 FORMER COMPANY: FORMER CONFORMED NAME: PRIMERICA CORP /NEW/ DATE OF NAME CHANGE: 19920703 SC 13G 1 a2175800zsc13g.txt SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. __)* NTELOS Holdings Corp. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 67020Q-10-7 -------------------------------------------------------- (CUSIP Number) December 31, 2006 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: / / Rule 13d-1(b) / / Rule 13d-1(c) /X/ Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 11 Pages SCHEDULE 13G CUSIP NO. 67020Q-10-7 Page 2 of 11 Pages - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Citigroup Venture Capital Equity Partners, L.P. - ------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) /X/ (b) / / - ------------------------------------------------------------------------------- (3) SEC USE ONLY - ------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION New York - ------------------------------------------------------------------------------- NUMBER OF (5) SOLE VOTING POWER 0 SHARES ---------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 11,626,633* OWNED BY ---------------------------------------------------- EACH (7) SOLE DISPOSITIVE POWER 0 REPORTING ---------------------------------------------------- PERSON (8) SHARED DISPOSITIVE POWER 11,626,633* WITH: - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,626,633* - ------------------------------------------------------------------------------- (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) /X/ - ------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 27.8%* - ------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO - ------------------------------------------------------------------------------- * Excludes shares of common stock beneficially owned by the persons identified in Exhibit 1. See Item 8. SCHEDULE 13G CUSIP NO. 67020Q-10-7 Page 3 of 11 Pages - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) CVC Partners, LLC - ------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) /X/ (b) / / - ------------------------------------------------------------------------------- (3) SEC USE ONLY - ------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION New York - ------------------------------------------------------------------------------- NUMBER OF (5) SOLE VOTING POWER 0 SHARES ---------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 11,746,459* OWNED BY ---------------------------------------------------- EACH (7) SOLE DISPOSITIVE POWER 0 REPORTING ---------------------------------------------------- PERSON (8) SHARED DISPOSITIVE POWER 11,746,459* WITH: - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,746,459* - ------------------------------------------------------------------------------- (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) /X/ - ------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 28.0%* - ------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO - ------------------------------------------------------------------------------- * Excludes shares of common stock beneficially owned by the persons identified in Exhibit 1. See Item 8. SCHEDULE 13G CUSIP NO. 67020Q-10-7 Page 4 of 11 Pages - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Citigroup Venture Capital GP Holdings, Ltd. - ------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) /X/ (b) / / - ------------------------------------------------------------------------------- (3) SEC USE ONLY - ------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION New York - ------------------------------------------------------------------------------- NUMBER OF (5) SOLE VOTING POWER 0 SHARES ---------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 11,853,222* OWNED BY ---------------------------------------------------- EACH (7) SOLE DISPOSITIVE POWER 0 REPORTING ---------------------------------------------------- PERSON (8) SHARED DISPOSITIVE POWER 11,853,222* WITH: - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,853,222* - ------------------------------------------------------------------------------- (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) /X/ - ------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 28.3%* - ------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO - ------------------------------------------------------------------------------- * Excludes shares of common stock beneficially owned by the persons identified in Exhibit 1. See Item 8. SCHEDULE 13G CUSIP NO. 67020Q-10-7 Page 5 of 11 Pages - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Court Square Capital Limited - ------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) /X/ (b) / / - ------------------------------------------------------------------------------- (3) SEC USE ONLY - ------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- NUMBER OF (5) SOLE VOTING POWER 0 SHARES ---------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 11,853,222* OWNED BY ---------------------------------------------------- EACH (7) SOLE DISPOSITIVE POWER 0 REPORTING ---------------------------------------------------- PERSON (8) SHARED DISPOSITIVE POWER 11,853,222* WITH: - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,853,222* - ------------------------------------------------------------------------------- (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) /X/ - ------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 28.3%* - ------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO - ------------------------------------------------------------------------------- * Excludes shares of common stock beneficially owned by the persons identified in Exhibit 1. See Item 8. SCHEDULE 13G CUSIP NO. 67020Q-10-7 Page 6 of 11 Pages - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Citicorp Banking Corporation - ------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) /X/ (b) / / - ------------------------------------------------------------------------------- (3) SEC USE ONLY - ------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- NUMBER OF (5) SOLE VOTING POWER 0 SHARES ---------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 11,853,222* OWNED BY ---------------------------------------------------- EACH (7) SOLE DISPOSITIVE POWER 0 REPORTING ---------------------------------------------------- PERSON (8) SHARED DISPOSITIVE POWER 11,853,222* WITH: - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,853,222* - ------------------------------------------------------------------------------- (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) /X/ - ------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 28.3%* - ------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) BK - ------------------------------------------------------------------------------- * Excludes shares of common stock beneficially owned by the persons identified in Exhibit 1. See Item 8. SCHEDULE 13G CUSIP NO. 67020Q-10-7 Page 7 of 11 Pages - ------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Citigroup Inc. - ------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) /X/ (b) / / - ------------------------------------------------------------------------------- (3) SEC USE ONLY - ------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- NUMBER OF (5) SOLE VOTING POWER 0 SHARES ---------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 11,854,793* ** OWNED BY ---------------------------------------------------- EACH (7) SOLE DISPOSITIVE POWER 0 REPORTING ---------------------------------------------------- PERSON (8) SHARED DISPOSITIVE POWER 11,854,793* ** WITH: - ------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,854,793* ** - ------------------------------------------------------------------------------- (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) /X/ - ------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 28.3%* ** - ------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC - ------------------------------------------------------------------------------- * Includes shares held by the other reporting persons. ** Excludes shares of common stock beneficially owned by the persons identified in Exhibit 1. See Item 8. Item 1(a). Name of Issuer: NTELOS Holdings Corp. (the "Issuer") Item 1(b). Address of Issuer's Principal Executive Offices: 401 Spring Lane - Suite 300 P.O. Box 1990 Waynesboro, VA 22980 Item 2(a). Name of Person Filing: Citigroup Venture Capital Equity Partners, L.P. ("CVCEP") CVC Partners, LLC ("CVC Partners") Citigroup Venture Capital GP Holdings, Ltd. ("CVC GP Holdings") Court Square Capital Limited ("Court Square") Citicorp Banking Corporation ("CBC") Citigroup Inc. ("Citigroup", and collectively with CVCEP, CVC Partners, CVC GP Holdings, Court Square, CBC, the "Reporting Persons") Item 2(b). Address or Principal Office or, if none, Residence: The address of the principal office of each of CVCEP, CVC Partners, CVC GP Holdings, Court Square and Citigroup is: 399 Park Avenue New York, NY 10043 The address of the principal office of CBC is: One Penn's Way New Castle, DE 19720 Item 2(c). Citizenship or Place of Organization: CVCEP, CVC Partners, CVC GP Holdings, Court Square, CBC and Citigroup are Delaware corporations. Item 2(d). Title of Class of Securities: Common Stock Item 2(e). Cusip Number: 67020Q-10-7 Page 8 of 11 Pages Item 3. If This Statement is Filed Pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing Is a(n): (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) [ ] Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) [ ] Investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f) [ ] Employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) [ ] Parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) [ ] Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J). Item 4. Ownership. (as of December 31, 2006) (a) Amount beneficially owned: See item 9 of cover pages (b) Percent of Class: See item 11 of cover pages (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: (ii) Shared power to vote or to direct the vote: (iii) Sole power to dispose or to direct the disposition of: (iv) Shared power to dispose or to direct the disposition of: See Items 5-8 of cover pages Page 9 of 11 Pages Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Not Applicable. Item 7. Identification and Classification of the Subsidiary which Acquired the Security being Reported on by the Parent Holding Company. CVC Partners holds a general partnership interest in CVCEP. CVC GP Holdings has a membership interest in CVC Partners. Court Square is the sole shareholder of CVC GP Holdings. CBC is the sole shareholder of Court Square. Citigroup is the sole shareholder of CBC. Item 8. Identification and Classification of Members of the Group. The Reporting Persons, along with the persons identified in Exhibit 1, may be deemed to beneficially own the Issuer's common stock as a group because the Reporting Persons and the persons identified in Exhibit 1 are parties to an Amended and Restated Shareholders Agreement, dated February 13, 2006 (the "Amended Shareholders Agreement"). The Amended Shareholders Agreement provides, among other things, that the Reporting Persons and the persons identified in Exhibit 1 will vote their shares to elect three directors of the Issuer designated by the Reporting Persons, three directors of the Issuer designated by the persons identified in Exhibit 1, and an additional independent director jointly designated by the Reporting Persons and the persons identified in Exhibit 1. As a result of the Amended Shareholders Agreement, the Reporting Persons and the persons identified in Exhibit 1 are acting as a group for purposes of Rule 4350 of the Nasdaq Stock Market. As of the date hereof, the Reporting Persons and the persons identified in Exhibit 1 collectively beneficially own 57.5% of the Issuer's common stock. The Reporting Persons disclaim beneficial ownership of common stock directly beneficially owned by any of the persons identified in Exhibit 1. Item 9. Notice of Dissolution of Group. Not Applicable. Page 10 of 11 Pages Item 10. Certification. Not Applicable. SIGNATURE. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 13, 2007 CITIGROUP VENTURE CAPITAL EQUITY PARTNERS, L.P. By: CVC Partners, LLC Title: General Partner, Citigroup Venture Capital Equity Partners, L.P. By: Citigroup Venture Capital GP Holdings, Ltd. Title: Managing Member of CVC Partners, LLC By: /s/ Patricia A. Murphy --------------------------------- Name: Patricia A. Murphy Title: Vice President of Citigroup Venture Capital GP Holdings, Ltd. CVC PARTNERS, LLC By: Citigroup Venture Capital GP Holdings, Ltd. Title: Managing Member of CVC Partners, LLC By: /s/ Patricia A. Murphy --------------------------------- Name: Patricia A. Murphy Title: Vice President of Citigroup Venture Capital GP Holdings, Ltd. CITIGROUP VENTURE CAPITAL GP HOLDINGS, LTD. By: /s/ Patricia A. Murphy --------------------------------- Name: Patricia A. Murphy Title: Vice President COURT SQUARE CAPITAL LIMITED By: /s/ Patricia A. Murphy --------------------------------- Name: Patricia A. Murphy Title: Vice President CITICORP BANKING CORPORATION By: /s/ William H. Wolf --------------------------------- Name: William H. Wolf Title: Senior Vice President CITIGROUP INC. By: /s/ Riqueza V. Feaster --------------------------------- Name: Riqueza V. Feaster Title: Assistant Secretary Page 11 of 11 Pages EXHIBIT INDEX TO SCHEDULE 13G ----------------------------- EXHIBIT 1 - --------- Identification of Members of Group EXHIBIT 2 - --------- Agreement among CVCEP, CVC Partners, CVC GP Holdings, Court Square, CBC and Citigroup as to joint filing of Schedule 13G. EX-99.1 2 a2175800zex-99_1.txt EXHIBIT 99.1 EXHIBIT 1 --------- As a result of the Amended Shareholders Agreement, the Reporting Persons may be deemed to beneficially own the Issuer's common stock as a group with the following persons: Quadrangle Capital Partners LP Quadrangle Select Partners LP Quadrangle Captial Partners-A LP Quadrangle GP Investors LLC Quadrangle GP Investors LP The Reporting Persons disclaim beneficial ownership of the Issuer's common stock directly beneficially owned by any of the persons above. EX-99.2 3 a2175800zex-99_2.txt EXHIBIT 99.2 EXHIBIT 2 --------- AGREEMENT AS TO JOINT FILING OF SCHEDULE 13G -------------------------------------------- Each of the undersigned hereby affirms that it is individually eligible to use Schedule 13G, and agrees that this Schedule 13G is filed on its behalf. Dated: February 13, 2007 CITIGROUP VENTURE CAPITAL EQUITY PARTNERS, L.P. By: CVC Partners, LLC Title: General Partner, Citigroup Venture Capital Equity Partners, L.P. By: Citigroup Venture Capital GP Holdings, Ltd. Title: Managing Member of CVC Partners, LLC By: /s/ Patricia A. Murphy --------------------------------- Name: Patricia A. Murphy Title: Vice President of Citigroup Venture Capital GP Holdings, Ltd. CVC PARTNERS, LLC By: Citigroup Venture Capital GP Holdings, Ltd. Title: Managing Member of CVC Partners, LLC By: /s/ Patricia A. Murphy --------------------------------- Name: Patricia A. Murphy Title: Vice President of Citigroup Venture Capital GP Holdings, Ltd. CITIGROUP VENTURE CAPITAL GP HOLDINGS, LTD. By: /s/ Patricia A. Murphy --------------------------------- Name: Patricia A. Murphy Title: Vice President COURT SQUARE CAPITAL LIMITED By: /s/ Patricia A. Murphy --------------------------------- Name: Patricia A. Murphy Title: Vice President CITICORP BANKING CORPORATION By: /s/ William H. Wolf --------------------------------- Name: William H. Wolf Title: Senior Vice President CITIGROUP INC. By: /s/ Riqueza V. Feaster --------------------------------- Name: Riqueza V. Feaster Title: Assistant Secretary -----END PRIVACY-ENHANCED MESSAGE-----