-----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, OA+E0IhRwq0lIJ0YX5kVMiXtUw/PIJiDp90L87MUD2oFienPnXpkan+zvjOga1KU DvwI+x4sgaHgZbLWpSAF1g== 0000912057-00-052271.txt : 20001206 0000912057-00-052271.hdr.sgml : 20001206 ACCESSION NUMBER: 0000912057-00-052271 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20001205 GROUP MEMBERS: 399 VENTURE PARTNERS, INC. GROUP MEMBERS: CITIBANK, N.A. GROUP MEMBERS: CITICORP GROUP MEMBERS: CITICORP BANKING CORPORATION GROUP MEMBERS: CITICORP VENTURE CAPITAL, LTD. GROUP MEMBERS: CITIGROUP HOLDINGS COMPANY GROUP MEMBERS: CITIGROUP INC GROUP MEMBERS: COURT SQUARE CAPITAL LIMITED SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TITAN INTERNATIONAL INC CENTRAL INDEX KEY: 0000899751 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 363228472 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-42929 FILM NUMBER: 783704 BUSINESS ADDRESS: STREET 1: 2701 SPRUCE ST CITY: QUINCY STATE: IL ZIP: 62301 BUSINESS PHONE: 2172286011 MAIL ADDRESS: STREET 1: 2701 SPRUCE ST CITY: QUINCY STATE: IL ZIP: 62301 FORMER COMPANY: FORMER CONFORMED NAME: TITAN WHEEL INTERNATIONAL INC DATE OF NAME CHANGE: 19930403 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 13D/A BUSINESS ADDRESS: STREET 1: 153 E 53RD ST CITY: NEW YORK STATE: NY ZIP: 10043 BUSINESS PHONE: 2125591000 MAIL ADDRESS: STREET 1: 153 E 53RD ST 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 13D/A 1 a2032440zsc13da.txt SC 13D/A PAGE 1 OF ___ PAGES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (RULE 13D-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(A) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(A) (AMENDMENT NO. 1)1/ TITAN INTERNATIONAL, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, NO PAR VALUE - -------------------------------------------------------------------------------- (Title of Class of Securities) 88830M 10 2 - -------------------------------------------------------------------------------- (CUSIP Number) ROBERT G. ROBISON, ESQ. MORGAN, LEWIS & BOCKIUS LLP 101 PARK AVENUE, NEW YORK, NEW YORK 10178 (212) 309-6126 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) NOVEMBER 28, 2000 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement on Schedule 13D) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box |_|. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. 1/ 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 disclosures provided in a prior cover page. The information required on 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 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 2 OF ___ PAGES SCHEDULE 13D CUSIP NO. 88830M 10 2 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CITICORP VENTURE CAPITAL, LTD. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or (e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION NEW YORK - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES ----------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 0** ----------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING ----------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 0** ----------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ** EXCLUDES 3,315,852 SHARES OF COMMON STOCK SOLD BY MASCOTECH, INC. TO COURT SQUARE CAPITAL LIMITED ("COURT SQUARE") PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED AS OF AUGUST 1, 2000, AS AMENDED, BETWEEN MASCOTECH, INC. AND CITICORP VENTURE CAPITAL, LTD. ("CVC") FOR WHICH SHARES CVC DISCLAIMS BENEFICIAL OWNERSHIP. EXCLUDES 2,031,112 SHARES OF COMMON STOCK SOLD BY 399 VENTURE PARTNERS, INC. ("399") TO COURT SQUARE PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED AS OF NOVEMBER 28, 2000, BY AND BETWEEN 399 AND COURT SQUARE FOR WHICH SHARES CVC DISCLAIMS BENEFICIAL OWNERSHIP. PAGE 3 OF ___ PAGES SCHEDULE 13D CUSIP No. 88830M 10 2 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 399 VENTURE PARTNERS, INC. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or (e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES ----------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 0** ----------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING ----------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 0** ----------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ** EXCLUDES 3,315,852 SHARES OF COMMON STOCK SOLD BY MASCOTECH, INC. TO COURT SQUARE CAPITAL LIMITED ("COURT SQUARE") PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED AS OF AUGUST 1, 2000, AS AMENDED, BETWEEN MASCOTECH, INC. AND CITICORP VENTURE CAPITAL, LTD. FOR WHICH SHARES 399 VENTURE PARTNERS, INC. ("399") DISCLAIMS BENEFICIAL OWNERSHIP. EXCLUDES 2,031,112 SHARES OF COMMON STOCK SOLD BY 399 TO COURT SQUARE PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED AS OF NOVEMBER 28, 2000, BY AND BETWEEN 399 AND COURT SQUARE FOR WHICH SHARES 399 DISCLAIMS BENEFICIAL OWNERSHIP. PAGE 4 OF ___ PAGES SCHEDULE 13D CUSIP No. 88830M 10 2 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CITIBANK, N.A. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or (e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES ----------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 0** ----------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING ----------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 0** ----------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |X| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* BK - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ** EXCLUDES 3,315,852 SHARES OF COMMON STOCK SOLD BY MASCOTECH, INC. TO COURT SQUARE CAPITAL LIMITED ("COURT SQUARE") PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED AS OF AUGUST 1, 2000, AS AMENDED, BETWEEN MASCOTECH, INC. AND CITICORP VENTURE CAPITAL, LTD. FOR WHICH SHARES CITIBANK, N.A. DISCLAIMS BENEFICIAL OWNERSHIP. EXCLUDES 2,031,112 SHARES OF COMMON STOCK SOLD BY 399 VENTURE PARTNERS, INC. ("399") TO COURT SQUARE PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED AS OF NOVEMBER 28, 2000, BY AND BETWEEN 399 AND COURT SQUARE FOR WHICH SHARES CITIBANK, N.A. DISCLAIMS BENEFICIAL OWNERSHIP. PAGE 5 OF ___ PAGES SCHEDULE 13D CUSIP NO. 88830M 10 2 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON COURT SQUARE CAPITAL LIMITED - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or (e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES ----------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 5,346,964 SHARES OF COMMON STOCK** ----------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING ----------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 5,346,964 SHARES OF COMMON STOCK** ----------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,346,964 SHARES OF COMMON STOCK** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | | - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 25.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ** INCLUDES 3,315,852 SHARES OF COMMON STOCK SOLD BY MASCOTECH, INC. TO COURT SQUARE CAPITAL LIMITED ("COURT SQUARE") PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED AS OF AUGUST 1, 2000, AS AMENDED, BETWEEN MASCOTECH, INC. AND CITICORP VENTURE CAPITAL, LTD. INCLUDES 2,031,112 SHARES OF COMMON STOCK SOLD BY 399 VENTURE PARTNERS, INC. ("399") TO COURT SQUARE PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED NOVEMBER 28, 2000 BY AND BETWEEN 399 AND COURT SQUARE. PAGE 6 OF ___ PAGES SCHEDULE 13D CUSIP No. 88830M 10 2 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CITICORP BANKING CORPORATION - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or (e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES ----------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 5,346,964 SHARES OF COMMON STOCK** ----------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING ----------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 5,346,964 SHARES OF COMMON STOCK** ----------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,346,964 SHARES OF COMMON STOCK** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | | - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 25.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ** INCLUDES 3,315,852 SHARES OF COMMON STOCK SOLD BY MASCOTECH, INC. TO COURT SQUARE CAPITAL LIMITED ("COURT SQUARE") PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED AS OF AUGUST 1, 2000, AS AMENDED, BETWEEN MASCOTECH, INC. AND CITICORP VENTURE CAPITAL, LTD. INCLUDES 2,031,112 SHARES OF COMMON STOCK SOLD BY 399 VENTURE PARTNERS, INC. ("399") TO COURT SQUARE PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED NOVEMBER 28, 2000 BY AND BETWEEN 399 AND COURT SQUARE. PAGE 7 OF ___ PAGES SCHEDULE 13D CUSIP No. 88830M 10 2 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CITICORP - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or (e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES ----------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 5,346,964 SHARES OF COMMON STOCK** ----------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING ----------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 5,346,964 SHARES OF COMMON STOCK** ----------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,346,964 SHARES OF COMMON STOCK** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | | - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 25.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ** INCLUDES 3,315,852 SHARES OF COMMON STOCK SOLD BY MASCOTECH, INC. TO COURT SQUARE CAPITAL LIMITED ("COURT SQUARE") PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED AS OF AUGUST 1, 2000, AS AMENDED, BETWEEN MASCOTECH, INC. AND CITICORP VENTURE CAPITAL, LTD. INCLUDES 2,031,112 SHARES OF COMMON STOCK SOLD BY 399 VENTURE PARTNERS, INC. ("399") TO COURT SQUARE PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED NOVEMBER 28, 2000 BY AND BETWEEN 399 AND COURT SQUARE. PAGE 8 OF ___ PAGES SCHEDULE 13D CUSIP No. 88830M 10 2 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CITIGROUP HOLDINGS COMPANY - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or (e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES ----------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 5,346,964 SHARES OF COMMON STOCK** ----------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING ----------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 5,346,964 SHARES OF COMMON STOCK** ----------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,346,964 SHARES OF COMMON STOCK** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | | - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 25.8% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ** INCLUDES 3,315,852 SHARES OF COMMON STOCK SOLD BY MASCOTECH, INC. TO COURT SQUARE CAPITAL LIMITED ("COURT SQUARE") PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED AS OF AUGUST 1, 2000, AS AMENDED, BETWEEN MASCOTECH, INC. AND CITICORP VENTURE CAPITAL, LTD. INCLUDES 2,031,112 SHARES OF COMMON STOCK SOLD BY 399 VENTURE PARTNERS, INC. ("399") TO COURT SQUARE PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED NOVEMBER 28, 2000 BY AND BETWEEN 399 AND COURT SQUARE. PAGE 9 OF ___ PAGES SCHEDULE 13D CUSIP No. 88830M 10 2 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CITIGROUP INC. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or (e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES ----------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 5,365,811 SHARES OF COMMON STOCK** ----------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING ----------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 5,365,811 SHARES OF COMMON STOCK** ----------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,365,811 SHARES OF COMMON STOCK** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | | - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 25.9% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ** INCLUDES 3,315,852 SHARES OF COMMON STOCK SOLD BY MASCOTECH, INC. TO COURT SQUARE CAPITAL LIMITED ("COURT SQUARE") PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED AS OF AUGUST 1, 2000, AS AMENDED, BETWEEN MASCOTECH, INC. AND CITICORP VENTURE CAPITAL, LTD. INCLUDES 2,031,112 SHARES OF COMMON STOCK SOLD BY 399 VENTURE PARTNERS, INC. ("399") TO COURT SQUARE PURSUANT TO A STOCK PURCHASE AGREEMENT, DATED NOVEMBER 28, 2000 BY AND BETWEEN 399 AND COURT SQUARE. INCLUDES 18,847 SHARES OF COMMON STOCK BENEFICIALLY OWNED BY SUBSIDIARIES OF CITIGROUP INC. OTHER THAN COURT SQUARE. PAGE 10 OF ___ PAGES This Amendment No. 1 relates to a Schedule 13D filed on August 10, 2000 (the "Schedule 13D") which relates to the Common Stock, no par value per share ("Common Stock"), of Titan International, Inc., an Illinois corporation (the "Company"). Information in the original Schedule 13D remains in effect except to the extent that it is superseded by the information contained in this Amendment No. 1. Information given in response to each item shall be deemed incorporated by reference in all other items. Capitalized terms used but not defined in this Amendment No. 1 shall have the respective meanings ascribed to them in the Schedule 13D. Items 2 and 5 of the Schedule 13D are hereby amended and restated to read in its entirety as follows and Items 3, 4 and 7 of the Schedule 13D are hereby amended and supplemented as follows: ITEM 2. IDENTITY AND BACKGROUND. (a) This Amendment No. 1 to the Schedule 13D is being filed by each of the following persons pursuant to Rule 13(d)-(2)(a) promulgated by the Securities and Exchange Commission (the "Commission") pursuant to Section 13 of the Securities and Exchange Act of 1934 (the "Act"): (i) Court Square Capital Limited, a Delaware corporation ("Court Square"), by virtue of its direct beneficial ownership of Common Stock, (ii) Citicorp Venture Capital, Ltd., a New York corporation ("CVC"), by virtue of its prior direct beneficial ownership of Common Stock, (iii) 399 Venture Partners, Inc., a Delaware corporation ("399"), by virtue of its prior direct beneficial ownership of Common Stock, (iv) Citibank, N.A., a national banking association ("Citibank"), by virtue of its ownership of all the outstanding common stock of each of CVC and 399, (v) Citicorp Banking Corporation, a Delaware corporation ("Citicorp Banking"), by virtue of its ownership of all of the outstanding common stock of Court Square, (vi) Citicorp, a Delaware corporation ("Citicorp"), by virtue of its ownership of all of the outstanding common stock of each of Citibank and Citicorp Banking, (vii) Citigroup Holdings Company, a Delaware corporation ("Citigroup Holdings"), by virtue of its ownership of all of the outstanding common stock of Citicorp, and (viii) Citigroup Inc., a Delaware corporation ("Citigroup"), by virtue of its ownership of all the outstanding common stock of Citigroup Holdings (collectively, the "Reporting Persons"). Attached as Schedule A is information concerning each executive officer and director of each of Court Square and Citigroup, which is ultimately in control of Court Square. Schedule A is incorporated into and made a part of this Amendment No. 1 to the Schedule 13D. (b) The address of the principal business and principal office of each of Court Square, CVC, 399, Citibank, and Citicorp is 399 Park Avenue, New York, New York 10043. The address of the principal business and principal office of Citicorp Banking is One Penn's Way, New Castle, Delaware 10043. The address of the principal business and principal office of Citigroup Holdings is One Rodney Square, Wilmington, Delaware 19899. The address of the PAGE 11 OF ___ PAGES principal business and principal office of Citigroup is 153 East 53rd Street, New York, New York 10043. (c) Court Square's principal business is investing in leveraged buy-outs. CVC's principal business is investing in leveraged buy-outs. Citibank is engaged in the business of banking. 399's principal business is providing debt and equity financing to businesses in the United States. Citicorp Banking is a holding company principally engaged, through its subsidiaries, in the general financial services business. Citicorp is a bank holding company principally engaged, through its subsidiaries, in the general financial services business. Citigroup Holdings is a holding company principally engaged, through its subsidiaries, in the general financial services business. Citigroup is a diversified holding company providing, through its subsidiaries, a broad range of financial services to consumer and corporate customers world-wide. (d) During the last five years, none of the Reporting Persons nor, to the knowledge of each Reporting Person, any of their respective officers, directors or controlling persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five years, none of the Reporting Persons, nor, to the knowledge of each Reporting Person, any of their respective officers, directors or controlling persons has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Citibank is a national banking association. CVC is a New York corporation. Each of Court Square, 399, Citicorp Banking, Citicorp, Citigroup Holdings and Citigroup is a Delaware corporation. Except as otherwise indicated on Schedule A, to the knowledge of each Reporting Person, each executive officer and director named in Schedule A to this Amendment No. 1 to the Schedule 13D are citizens of the United States. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The response set forth in Item 3 of the Schedule 13D is hereby amended and supplemented by the following information: On November 28, 2000, CVC assigned to Court Square all of its rights and obligations under the Stock Purchase Agreement, dated as of August 1, 2000, as amended (the "Stock Purchase Agreement"), by and between MascoTech Inc. ("MascoTech") and CVC. On the same date, pursuant to the Stock Purchase Agreement, MascoTech and MASG Disposition, Inc., a Michigan corporation and a wholly-owned subsidiary of MascoTech ("MASG"), sold PAGE 12 OF ___ PAGES shares and equity interests in and debt of five companies which were owned by them to Court Square for $113,400,000. Included in the shares acquired were 3,315,852 shares of Common Stock owned by MascoTech. Pursuant to a Stock Purchase Agreement, dated as of November 28, 2000 (the "399 Stock Purchase Agreement"), by and between 399 and Court Square, 399 sold 2,031,112 shares of Common Stock (the "399 Shares") to Court Square for $8,632,226. ITEM 4. PURPOSE OF TRANSACTION. Except as set forth in the Schedule 13D, or as set forth in this Amendment No. 1 to the Schedule 13D in Item 3 above, Court Square has acquired the Shares and the 399 Shares for investment purposes. Depending on market conditions and other factors (including evaluation of the Company's businesses and prospects, availability of funds, alternative uses of funds and general economic conditions), Court Square may from time to time purchase additional securities of the Company or dispose of all or a portion of its investment in the Company. Except as described in the Schedule 13D, as amended by this Amendment No. 1 to the Schedule 13D, none of the Reporting Persons nor, to the best knowledge of each Reporting Person, any of the persons named in Schedule A to this Amendment No. 1 to the Schedule 13D, has formulated any plans or proposals which relate to or would result in: (a) the acquisition by any person of additional securities of the Company, or the disposition of securities of the Company; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Company or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the Company or any of its subsidiaries; (d) any change in the present Board of Directors or management of the Company, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of the Company; (f) any other material change in the Company's business or corporate structure; (g) any changes in the Company's charter or by-laws or other actions which may impede the acquisition or control of the Company by any person; (h) causing a class of securities of the Company to be delisted from a national securities exchange or cease to be authorized to be quoted in an interdealer quotation system of a registered national securities association; (i) causing a class of equity securities of the Company to become eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or (j) any action similar to those enumerated above. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) As of the date of this filing, Court Square owns 5,346,964 shares of Common Stock which represent 25.8% of all shares of Common Stock outstanding. As of the PAGE 13 OF ___ PAGES date of this filing, Citigroup indirectly beneficially owns 5,365,811 shares of Common Stock which represent 25.9% of all shares of common stock outstanding including 5,346,964 shares of Common Stock directly beneficially owned by Court Square and 18,847 shares of Common Stock directly beneficially owned by other subsidiaries of Citigroup. Percentages are based on the number of shares of Common Stock issued and outstanding as of October 31, 2000 as reported in the Company's recent 10-Q. (b) Court Square, Citicorp Banking, Citicorp, Citigroup Holdings and Citigroup may be deemed to share the voting and dispositive power of the 5,346,964 shares of Common Stock owned by Court Square by virtue of, and this form is being filed by Citicorp Banking, Citicorp, Citigroup Holdings and Citigroup solely because of Citicorp Banking's 100% ownership in Court Square, Citicorp's 100% ownership interest in Citicorp Banking, Citigroup Holdings's 100% ownership interest in Citicorp and Citigroup's 100% interest in Citigroup Holdings. (c) Except for the transactions contemplated by the Stock Purchase Agreement and the 399 Stock Purchase Agreement as described in Item 3, neither the Reporting Persons nor, to the best knowledge of each Reporting Person, any of the persons named in Schedule A to this Amendment No. 1 to the Schedule 13D, has effected a transaction in shares of Common Stock during the past 60 days. (d) No person other than Court Square has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock owned by Court Square. (e) Each of CVC, 399 and Citibank ceased to own any shares of the Company on November 28, 2000. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit A -- Joint Filing Agreement among Court Square Capital Limited, Citicorp Venture Capital, Ltd., 399 Venture Partners, Inc., Citicorp Banking Corporation, Citibank, N.A., Citicorp, Citigroup Holdings Company and Citigroup Inc. PAGE 14 OF ___ PAGES SIGNATURE After reasonable inquiry and to the best of the knowledge and belief of each of the undersigned, each of the undersigned certifies that the information set forth in this Amendment No. 1 to the Schedule 13D with respect to the undersigned is true, complete and correct. Dated: December 5, 2000 COURT SQUARE CAPITAL LIMITED By: /s/ Anthony P. Mirra -------------------------------------- Name: Anthony P. Mirra Title: Vice President CITICORP VENTURE CAPITAL, LTD. By: /s/ Anthony P. Mirra -------------------------------------- Name: Anthony P. Mirra Title: Vice President 399 VENTURE PARTNERS, INC. By: /s/ Anthony P. Mirra -------------------------------------- Name: Anthony P. Mirra Title: Vice President CITICORP BANKING CORPORATION By: /s/ William Wolf -------------------------------------- Name: William Wolf Title: Senior Vice President PAGE 15 OF ___ PAGES CITIBANK, N.A. By: /s/ Joseph B. Wollard ---------------------------------------- Name: Joseph B. Wollard Title: Assistant Secretary CITICORP By: /s/ Joseph B. Wollard ---------------------------------------- Name: Joseph B. Wollard Title: Assistant Secretary CITIGROUP HOLDINGS COMPANY By: /s/ Kenneth Cohen ---------------------------------------- Name: Kenneth Cohen Title: Assistant Secretary CITIGROUP INC. By: /s/ Joseph B. Wollard ---------------------------------------- Name: Joseph B. Wollard Title: Assistant Secretary PAGE 16 OF ___ PAGES SCHEDULE A COURT SQUARE CAPITAL LIMITED DIRECTORS - --------- William T. Comfort Anne Goodbody David F. Thomas OFFICERS TITLE - -------- ----- William T. Comfort Senior Vice President Byron L. Knief Senior Vice President Michael T. Bradley Vice President Charles E. Corpening Vice President Michael A. Delaney Vice President* Ian D. Highet Vice President David Y. Howe Vice President Richard E. Mayberry Vice President Thomas F. McWilliams Vice President* M. Saleem Muqaddam Vice President Paul C. Schorr Vice President* Joseph M. Silvestri Vice President David F. Thomas Vice President* James A. Urry Vice President John D. Weber Vice President Michael S. Gollner Vice President Lauren M. Connelly Vice President & Secretary Anthony P. Mirra Vice President & Assistant Secretary Darryl A. Johnson Assistant Vice President * Denotes the functional title of Managing Director. PAGE 17 OF ___ PAGES SCHEDULE A CITIGROUP DIRECTORS AND OFFICERS TITLE - ---------------------- ----- C. Michael Armstrong Director Alain J.P. Belda Director (Brazil) Kenneth J. Bialkin Director Kenneth T. Derr Director John M. Deutch Director The Honorable Gerald R. Ford Director Ann Dribble Jordan Director Robert I. Lipp Director and Executive Officer Reuben Mark Director Michael T. Masin Director Dudley C. Mecum Director Richard D. Parsons Director Andrall E. Pearson Director Robert E. Rubin Director and Executive Officer Franklin A. Thomas Director Sanford I. Weill Director and Executive Officer Arthur Zankel Director Winifred F.W. Bischoff Executive Officer (United Kingdom) Michael A. Carpenter Executive Officer Michael D'Ambrose Executive Officer Robert Druskin Executive Officer Jay S. Fishman Executive Officer Michael B.G. Froman Executive Officer Thomas Wade Jones Executive Officer Marjorie Magner Executive Officer Deryck C. Maughan Executive Officer (United Kingdom) Victor J. Menezes Executive Officer (India) Charles O. Prince, III Executive Officer William R. Rhodes Executive Officer Petros Sabatacakis Executive Officer Todd S. Thomson Executive Officer Robert B. Willumstad Executive Officer Barbara A. Yastine Executive Officer PAGE 18 OF ___ PAGES EXHIBIT INDEX -------------
Sequential Exhibit No. Numbered Page ----------- ------------- Exhibit A -- Joint Filing Agreement among Court Square Capital Limited, Citicorp Venture Capital, Ltd., 399 Venture Partners, Inc., Citicorp Banking Corporation, Citibank, N.A., Citicorp, Citigroup Holdings Company and Citigroup Inc.
EX-99.A 2 a2032440zex-99_a.txt EXHIBIT A PAGE 19 OF ___ PAGES Exhibit A AGREEMENT DATED DECEMBER 5, 2000 RE: JOINT FILING OF SCHEDULE 13D The undersigned hereby agree that: (i) each of them is individually eligible to use Amendment No. 1 to the Schedule 13D attached hereto; (ii) the attached Amendment No. 1 to the Schedule 13D is filed on behalf of each of them; and (iii) each of them is responsible for the timely filing of such Amendment No. 1 to Schedule 13D and any amendments thereto, and for the completeness and accuracy of the information therein concerning him or itself; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless he or it knows or has reason to believe that such information is inaccurate. CITIGROUP INC. By: /s/ Joseph B. Wollard -------------------------------------- Name: Joseph B. Wollard Title: Assistant Secretary CITIGROUP HOLDINGS COMPANY By: /s/ Kenneth Cohen -------------------------------------- Name: Kenneth Cohen Title: Assistant Secretary CITICORP By: /s/ Joseph B. Wollard -------------------------------------- Name: Joseph B. Wollard Title: Assistant Secretary PAGE 20 OF ___ PAGES CITIBANK, N.A. By: /s/ Joseph B. Wollard -------------------------------------- Name: Joseph B. Wollard Title: Assistant Secretary CITICORP BANKING CORPORATION By: /s/ William Wolf -------------------------------------- Name: William Wolf Title: Senior Vice President 399 VENTURE PARTNERS, INC. By: /s/ Anthony P. Mirra -------------------------------------- Name: Anthony P. Mirra Title: Vice President CITICORP VENTURE CAPITAL, LTD. By: /s/ Anthony P. Mirra -------------------------------------- Name: Anthony P. Mirra Title: Vice President COURT SQUARE CAPITAL LIMITED By: /s/ Anthony P. Mirra -------------------------------------- Name: Anthony P. Mirra Title: Vice President -----END PRIVACY-ENHANCED MESSAGE-----