8-K 1 l85967ae8-k.txt CHIQUITA BRANDS INTERNATIONAL, INC. 8-K 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): January 16, 2001 CHIQUITA BRANDS INTERNATIONAL, INC. (Exact Name of Registrant as Specified in Charter) New Jersey 1-1550 04-1923360 (State or Other (Commission (IRS Employer Jurisdiction of File Number) Identification No.) Incorporation) 250 East Fifth Street, Cincinnati, Ohio 45202 (Address of Principal Executive Offices) Registrant's telephone number, including area code: (513) 784-8000 2 INFORMATION TO BE INCLUDED IN THE REPORT Items 1, 2, 3, 4, 6 , 8 and 9 are not applicable and are omitted from this report. ITEM 5. OTHER EVENTS. On January 16, 2001 the Company issued a news release announcing that it will propose a restructuring of publicly traded debt issued by Chiquita Brands International, Inc. As part of the restructuring initiative, the Company is discontinuing interest and principal payments on this debt as of January 16, 2001. The Company's subsidiary, Chiquita Brands, Inc., has obtained a commitment for an 18-month secured bank credit facility for up to $85 million. Further information is included in the news release and the term sheet for the commitment, which are attached as Exhibits 99.1 and 99.2 to this Current Report on Form 8-K and incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (a) Financial Statements of Businesses Acquired Not Applicable (b) Pro Forma Financial Information Not Applicable (c) Exhibits 99.1 News Release of the Company issued January 16, 2001. 99.2 Term Sheet for commitment relating to proposed bank credit facility with Fleet Capital Corporation, Fleet National Bank and Back Bay Capital Funding, LLC. 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 16, 2001 CHIQUITA BRANDS INTERNATIONAL, INC. By: /s/William A. Tsacalis --------------------------------- William A. Tsacalis Vice President and Controller