-----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, Q3WExEuTTMTxPgbp+3y1GGVtjtI4FgmaIG/slWPtmRlKtBxpujbtlVeYXhr1syN8 wgJL1Rnt83AF2GCIP8G2rQ== 0000905148-03-003179.txt : 20030910 0000905148-03-003179.hdr.sgml : 20030910 20030910165517 ACCESSION NUMBER: 0000905148-03-003179 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030910 GROUP MEMBERS: PPM AMERICA CBO II MANAGEMENT COMPANY GROUP MEMBERS: PPM AMERICA FUND MANAGEMENT GP, INC. GROUP MEMBERS: PPM AMERICA SPECIAL INVESTMENTS CBO II, L.P. GROUP MEMBERS: PPM AMERICA SPECIAL INVESTMENTS FUND, L.P. GROUP MEMBERS: PPM HOLDINGS, INC. GROUP MEMBERS: PPM MGP (BERMUDA), LTD. FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PPM AMERICA INC/IL CENTRAL INDEX KEY: 0000898417 IRS NUMBER: 363714794 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 225 W WACKER DR STREET 2: STE 1200 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3126342500 MAIL ADDRESS: STREET 1: 225 W WACKER DR STREET 2: SUITE 1200 CITY: CHICAGO STATE: IL ZIP: 60606 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DARLING INTERNATIONAL INC CENTRAL INDEX KEY: 0000916540 STANDARD INDUSTRIAL CLASSIFICATION: FATS & OILS [2070] IRS NUMBER: 362495346 STATE OF INCORPORATION: DE FISCAL YEAR END: 0103 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-46534 FILM NUMBER: 03890389 BUSINESS ADDRESS: STREET 1: 251 O CONNOR RIDGE BLVD STREET 2: STE 300 CITY: IRVING STATE: TX ZIP: 75038 BUSINESS PHONE: 9727170300 MAIL ADDRESS: STREET 1: 251 OCONNOR RIDGE BLVD STREET 2: #300 CITY: IRVING STATE: TX ZIP: 75038 SC 13D/A 1 efc3-1360_5436118fmsc13da.txt PPM AMERICA UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 5)(1) Darling International Inc. - ------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.01 par value per share - ------------------------------------------------------------------------------- (Title of Class of Securities) 237266101 -------------------------------------- (CUSIP Number) Stuart J. Lissner, Managing Director PPM America, Inc. 225 West Wacker Drive, Suite 1200 Chicago, IL 60606 Telephone: (312) 634-2501 - ------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 9, 2003 ------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]. (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 (the "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). (Continued on following pages) (Page 1 of 11 Pages) SCHEDULE 13D - ------------------------------------------------------------------------------- - ------------------------------- ------------------------------ CUSIP No. 237266101 13D Page 2 of 11 Pages - ------------------------------- ------------------------------ - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS: PPM America Special Investments Fund, L.P. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP (a) |_| (b) |X| - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS 00 - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) |_| - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- SOLE VOTING POWER NUMBER OF 7 SHARES None. BENEFICIALLY ----------------------------------------------- OWNED BY SHARED VOTING POWER EACH 8 REPORTING 4,644,984 shares PERSON ----------------------------------------------- WITH SOLE DISPOSITIVE POWER 9 None ----------------------------------------------- SHARED DISPOSITIVE POWER 10 4,644,984 shares - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,644,984 shares - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.5% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - ------------------------------------------------------------------------------- SCHEDULE 13D - ------------------------------------------------------------------------------- - ------------------------------- ------------------------------ CUSIP No. 237266101 13D Page 3 of 11 Pages - ------------------------------- ------------------------------ - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: PPM America Fund Management GP, Inc. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY): - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP (a) |_| (b) |X| - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS 00 - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) |_| - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- SOLE VOTING POWER NUMBER OF 7 SHARES None. BENEFICIALLY ----------------------------------------------- OWNED BY SHARED VOTING POWER EACH 8 REPORTING 4,644,984 shares(1) PERSON ----------------------------------------------- WITH SOLE DISPOSITIVE POWER 9 None ----------------------------------------------- SHARED DISPOSITIVE POWER 10 4,644,984 shares(1) - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,644,984 shares(1) - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.5% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------- (1) All of the shares of Darling International Inc. common stock covered by this report are owned beneficially by PPM America Special Investments Fund, L.P. ("SIF I"), and none are owned directly or indirectly by PPM America Fund Management GP, Inc. ("SIF I GP"). SIF I GP is the general partner of SIF I. As permitted by Rule 13d-4, the filing of this statement shall not be construed as an admission that SIF I GP is the beneficial owner of any of the securities covered by this statement. SCHEDULE 13D - ------------------------------------------------------------------------------- - ------------------------------- ------------------------------ CUSIP No. 237266101 13D Page 4 of 11 Pages - ------------------------------- ------------------------------ - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS: PPM America Special Investments CBO II, L.P. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP (a) |_| (b) |X| - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS 00 - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) |_| - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- SOLE VOTING POWER NUMBER OF 7 SHARES None. BENEFICIALLY ----------------------------------------------- OWNED BY SHARED VOTING POWER EACH 8 REPORTING 2,939,825 shares PERSON ----------------------------------------------- WITH SOLE DISPOSITIVE POWER 9 None ----------------------------------------------- SHARED DISPOSITIVE POWER 10 2,939,825 shares - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,939,825 shares - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.7% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - ------------------------------------------------------------------------------- SCHEDULE 13D - ------------------------------------------------------------------------------- - ------------------------------- ------------------------------ CUSIP No. 237266101 13D Page 5 of 11 Pages - ------------------------------- ------------------------------ - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS: PPM America CBO II Management Company I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP (a) |_| (b) |X| - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS N/A - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) |_| - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- SOLE VOTING POWER NUMBER OF 7 SHARES 0 BENEFICIALLY ----------------------------------------------- OWNED BY SHARED VOTING POWER EACH 8 REPORTING 2,939,825 shares(2) PERSON ----------------------------------------------- WITH SOLE DISPOSITIVE POWER 9 0 ----------------------------------------------- SHARED DISPOSITIVE POWER 10 2,939,825(2) - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,939,825 shares(2) - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.7% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - ------------------------------------------------------------------------------- (2) All of the shares of Darling International Inc. common stock covered by this report are owned beneficially by PPM America Special Investments CBO II, L.P. ("CBO II"), and none are owned directly or indirectly by PPM America CBO II Management Company ("CBO II GP"). CBO II GP is the general partner of CBO II. As permitted by Rule 13d-4, the filing of this statement shall not be construed as an admission that CBO II GP is the beneficial owner of any of the securities covered by this statement. SCHEDULE 13D - ------------------------------------------------------------------------------- - ------------------------------- ------------------------------ CUSIP No. 237266101 13D Page 6 of 11 Pages - ------------------------------- ------------------------------ - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS: PPM MGP (Bermuda), Ltd. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP (a) |_| (b) |X| - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS 00 - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) |_| - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Bermuda - ------------------------------------------------------------------------------- SOLE VOTING POWER NUMBER OF 7 SHARES None BENEFICIALLY ----------------------------------------------- OWNED BY SHARED VOTING POWER EACH 8 REPORTING 3,257,623 shares(3) PERSON ----------------------------------------------- WITH SOLE DISPOSITIVE POWER 9 None. ----------------------------------------------- SHARED DISPOSITIVE POWER 10 3,257,623 shares(3) - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,257,623 shares(3) - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.2% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------- (3) 317,798 shares of Darling International Inc. common stock covered by this report are held by Daple S.A., a company incorporated with limited liability under the laws of Luxembourg ("Daple"). PPM America, Inc. and PPM MGP (Bermuda), Ltd., a company organized under the laws of Bermuda ("PPM Bermuda "), are each the beneficial owners of such securities for purposes of Rule 13d-3, as Daple has delegated all power to vote and to acquire and dispose of such securities to PPM America, Inc. pursuant to an Investment Advisory Agreement and to PPM Bermuda pursuant to a Special Investment Management Agreement. 2,939,825 shares of Darling International Inc. common stock covered by this report are owned beneficially by CBO II, and none of such securities are owned directly or indirectly by PPM Bermuda. PPM Bermuda is the managing general partner of CBO II GP. As permitted by Rule 13d-4, the filing of this statement shall not be construed as an admission that PPM Bermuda is the beneficial owner of any of the securities owned beneficially by CBO II. SCHEDULE 13D - ------------------------------------------------------------------------------- - ------------------------------- ------------------------------ CUSIP No. 237266101 13D Page 7 of 11 Pages - ------------------------------- ------------------------------ - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS: PPM America, Inc. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP (a) |_| (b) |X| - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS 00 - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) |_| - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- SOLE VOTING POWER NUMBER OF 7 SHARES 0 BENEFICIALLY ----------------------------------------------- OWNED BY SHARED VOTING POWER EACH 8 REPORTING 7,902,607 shares(4) PERSON ----------------------------------------------- WITH SOLE DISPOSITIVE POWER 9 None. ----------------------------------------------- SHARED DISPOSITIVE POWER 10 7,902,607 shares(4) - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,902,607 shares(4) - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.7% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------- (4) 7,584,809 of the shares of Darling International Inc. common stock covered by this report are owned beneficially by SIF I and CBO II, and none of such securities are owned directly or indirectly by PPM America, Inc. PPM America, Inc. is the investment manager/adviser of each of SIF I and CBO II. As permitted by Rule 13d-4, the filing of this statement shall not be construed as an admission that PPM America, Inc. is the beneficial owner of such the securities owned beneficially by SIF I and CBO II. 317,798 of the shares of Darling International Inc. common stock covered by this report are held by Daple. PPM America, Inc. and PPM Bermuda are each the beneficial owners of such securities for purposes of Rule 13d-3, as Daple has delegated all power to vote and to acquire and dispose of such securities to PPM America, Inc. pursuant to an Investment Advisory Agreement and to PPM Bermuda pursuant to a Special Investment Management Agreement. SCHEDULE 13D - ------------------------------------------------------------------------------- - ------------------------------- ------------------------------ CUSIP No. 237266101 13D Page 8 of 11 Pages - ------------------------------- ------------------------------ - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS: PPM Holdings, Inc. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP (a) |_| (b) |X| - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS 00 - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) |_| - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- SOLE VOTING POWER NUMBER OF 7 SHARES None. BENEFICIALLY ----------------------------------------------- OWNED BY SHARED VOTING POWER EACH 8 REPORTING 7,902,607 shares(5) PERSON ----------------------------------------------- WITH SOLE DISPOSITIVE POWER 9 None. ----------------------------------------------- SHARED DISPOSITIVE POWER 10 7,902,607 shares(5) - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,902,607 shares(5) - ------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.7% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------- (5) All of the shares of Darling International Inc. common stock covered by this report are owned beneficially by SIF I, CBO II, or by PPM America, Inc. and PPM Bermuda (on behalf of Daple). Each of PPM America, Inc., PPM Bermuda, SIF I GP and CBO II GP are subsidiaries of PPM Holdings, Inc. As permitted by Rule 13d-4, the filing of this statement shall not be construed as an admission that PPM Holdings, Inc. is the beneficial owner of any of the securities covered by this statement. Pursuant to Rule 13d-2(a) of Regulation 13D-G of the General Rules and Regulations under the Securities and Exchange Act of 1934, as amended, the undersigned hereby amend their Schedule 13D Statement dated May 22, 2002 (the "Schedule 13D"), as amended on November 5, 2002, January 17, 2003, March 19, 2003 and August 13, 2003 relating to the Common Stock, par value $.01 per share, of Darling International Inc. (the "Issuer"). Unless otherwise indicated, any defined term used herein shall have the meaning given to such term in the Schedule 13D. Item 1. Security and Issuer. No Amendment. Item 2. Identity and Background. No Amendment. Item 3. Source and Amount of Funds or Other Consideration. No Amendment. Item 4. Purpose of Transaction. No Amendment. Item 5. Interest in Securities of the Issuer. Item 5(a), (b) and (c) is hereby amended and restated as follows: (a) and (b) SIF I is the beneficial owner of 4,644,984 shares of Common Stock, representing approximately 7.5% of the Issuer's outstanding Common Stock. SIF I shares voting and dispositive power over these shares with SIF I GP who, as the general partner of SIF I, may be deemed to be the beneficial owner of those shares beneficially owned by SIF I. CBO II is the beneficial owner of 2,939,825 shares of Common Stock, representing approximately 4.7% of the Issuer's outstanding Common Stock. CBO II shares voting and dispositive power over these shares with CBO II GP, who, as the general partner of CBO II, may be deemed to be the beneficial owner of those shares beneficially owned by CBO II. 317,798 shares of Common Stock, representing approximately .51% of the outstanding Common Stock, are held by Daple. PPM America, Inc. and PPM Bermuda are each the beneficial owners of such securities for purposes of Rule 13d-3, as Daple has delegated all power to vote and to acquire and dispose of such securities to PPM America, Inc. pursuant to an Investment Advisory Agreement and to PPM Bermuda pursuant to a Special Investment Management Agreement. Therefore, PPM America and PPM Bermuda share voting and dispositive power over these shares. In addition, PPM Bermuda, as the general partner of CBO II, may also be deemed to be the beneficial owner of 2,939,825 shares of Common Stock, representing approximately 4.7% of the outstanding Common Stock, and PPM America, as investment manager/adviser to SIF I and CBO II, may also be deemed to be the beneficial owner of 7,584,809 shares of Common Stock, representing approximately 12.2% of the outstanding Common Stock. Holdings, as the parent company of SIF I, CBO II, PPM America and PPM Bermuda may be deemed to be the beneficial owner of 7,902,607 shares of Common Stock, representing approximately 12.7% of the outstanding Common Stock. All percentages set forth in this amendment to the Schedule 13D are based upon the Issuer's reported 62,325,368 outstanding shares of Common Stock as of August 7, 2003, as reported in the Issuer's Form 10-Q for the quarter ended June 28, 2003. (c) The following transactions in the Common Stock were effected by the Reporting Persons during the sixty (60) days preceding the date of this report. All of such transactions represent open market transactions:
- ------------------------------------------------------------------------------------------------------------------- Reporting Person Date of Disposition Number of Shares Sold Price per Share - ---------------- ------------------- --------------------- --------------- PPM America Special Investments August 12, 2003 2,938,893 $2.25 Fund, L.P. - ------------------------------------------------------------------------------------------------------------------- PPM America Special Investments August 12, 2003 1,860,036 $2.25 CBO II, L.P. - ------------------------------------------------------------------------------------------------------------------- PPM MGP (Bermuda), Ltd./PPM August 12, 2003 201,071 $2.25 America, Inc. (on behalf of Daple) - ------------------------------------------------------------------------------------------------------------------- PPM America Special Investments September 9, 2003 2,938,893 $2.40 Fund, L.P. - ------------------------------------------------------------------------------------------------------------------- PPM America Special Investments September 9, 2003 1,860,036 $2.40 CBO II, L.P. - ------------------------------------------------------------------------------------------------------------------- PPM MGP (Bermuda), Ltd./PPM September 9, 2003 201,071 $2.40 America, Inc. (on behalf of Daple) - -------------------------------------------------------------------------------------------------------------------
Item 6. Contracts, Arrangements, Understanding or Relationships With Respect To Securities Of The Issuer. No Amendment. Item 7. Material to be Filed as Exhibits. No Amendment. Signature After reasonable inquiry and to the best of the undersigneds' knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: September 10, 2003 PPM AMERICA SPECIAL INVESTMENTS PPM AMERICA SPECIAL INVESTMENTS FUND, L.P. CBO II, L.P. By: PPM America, Inc. By: PPM America, Inc. As Attorney-in-Fact As Attorney-in-Fact By: /s/ Brian Schinderle By: /s/ Brian Schinderle ------------------------------ ----------------------------- Brian Schinderle Brian Schinderle Senior Managing Director Senior Managing Director PPM AMERICA FUND MANAGEMENT PPM AMERICA, INC. GP, INC. By: /s/ Brian Schinderle By: /s/ Brian Schinderle ------------------------------- ------------------------------ Brian Schinderle Brian Schinderle Senior Vice President Senior Managing Director PPM AMERICA CBO II MANAGEMENT PPM MGP (BERMUDA), LTD. COMPANY By: PPM MGP (Bermuda), Ltd. By: /s/ Brian Schinderle Its: Managing General Partner ----------------------------- Brian Schinderle Senior Vice President By: /s/ Brian Schinderle ------------------------------- Brian Schinderle Senior Vice President PPM HOLDINGS, INC. By: /s/ Mark Mandich ------------------------------- Mark Mandich Chief Operating Officer and Executive Vice President The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative's authority to sign on behalf of such person shall be riled with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001). -----END PRIVACY-ENHANCED MESSAGE-----