-----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, RlnRQWdpbrw1PGxapm3Z5UCDdfVh59FxK9sb2eD8qsdMe8qKDyvv9h9Umn8DLvQ7 WBuLvWgrby+MQMIqg4x2CA== 0001017648-99-000003.txt : 19990219 0001017648-99-000003.hdr.sgml : 19990219 ACCESSION NUMBER: 0001017648-99-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990216 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HYPERION TELECOMMUNICATIONS INC CENTRAL INDEX KEY: 0001017648 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 251669404 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-21605 FILM NUMBER: 99545387 BUSINESS ADDRESS: STREET 1: 5 WEST THIRD ST STREET 2: P O BOX 472 CITY: COUDERSPORT STATE: PA ZIP: 16915 BUSINESS PHONE: 8142749830 MAIL ADDRESS: STREET 1: MAIN AT WATER STREET CITY: COUDERSPORT STATE: PA ZIP: 16915-1141 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) February 16, 1999 HYPERION TELECOMMUNICATIONS, INC. (Exact name of registrant as specified in charter) Delaware 000-21605 25-1669404 (State or other (Commission File Number) (IRS Employer jurisdiction of incorporation) Identification No.) Main at Water Street - Coudersport, PA 16915-1141 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (814) 274-9830 Item 5. Other Events On February 16, 1999, Hyperion Telecommunications, Inc. announced the intent to privately offer an aggregate of approximately $200 million of Senior Subordinate Notes due 2007 (the "Senior Subordinate Notes") principally in reliance on Rule 144A to Qualified Institutional Buyers and an aggregate of $100 million of such Notes to entities controlled by member of the immediate family of John J. Rigas in a press release which is attached hereto as Exhibit 99.01 and incorporated by reference herein. Item 7. Financial Statements and Exhibits Exhibit No. Description 99.01 Press release dated February 16, 1999 SIGNATURE Pursuant to the requirements of the Security Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: February 18, 1999 HYPERION TELECOMMUNICATIONS, INC. (Registrant) By: /s/Timothy J. Rigas Timothy J. Rigas Vice Chairman, Treasurer and Chief Financial Officer EXHIBIT INDEX Exhibit No. Description 99.01 Press release dated February 16, 1999 EX-99 2 PRESS RELEASE DATED FEBRUARY 16, 1999 EXHIBIT 99.01 Contact Information: Ed Babcock Hyperion Communications 814-274-9830 FOR IMMEDIATE RELEASE HYPERION ANNOUNCES $300 MILLION PRIVATE OFFERING - -------------------------------------------------------------------------------- Coudersport, PA - February 16, 1999. Hyperion Telecommunications, Inc., ("Hyperion") announced today that it intends to privately offer an aggregate of approximately $200 million of Senior Subordinated Notes due 2007 principally to qualified institutional buyers in reliance on Rule 144A and an aggregate of $100 million of such Notes to entities controlled by members of the immediate family of John J. Rigas. Hyperion intends to use the net proceeds from the offering to fund its acquisition of interests held by local partners in certain of its networks, capital expenditures and investments in its networks, for working capital purposes and for general corporate purposes. The Notes will not be registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from such registration. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of any securities referred to herein in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. -----END PRIVACY-ENHANCED MESSAGE-----