-----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, EJIN/N8IfqAH4dC4z3OztUhGs2yCrsgEZ9RpYswy0ddVem0iPh0LpbeJMZXwLKVU wfMs5Pu5emhCImgaDPKJ+g== 0001010192-98-000028.txt : 19980605 0001010192-98-000028.hdr.sgml : 19980605 ACCESSION NUMBER: 0001010192-98-000028 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980526 ITEM INFORMATION: FILED AS OF DATE: 19980604 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: COX RADIO INC CENTRAL INDEX KEY: 0001018522 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 581620022 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-12187 FILM NUMBER: 98642270 BUSINESS ADDRESS: STREET 1: C/O COX ENTERPRISES INC STREET 2: 1400 LAKE HEARN DR CITY: ATLANTA STATE: GA ZIP: 30319 BUSINESS PHONE: 4048435000 MAIL ADDRESS: STREET 1: C/O COX ENTERPRISES INC STREET 2: 1400 LAKE HEARN DR CITY: ATLANTA STATE: GA ZIP: 30319 8-K 1 8-K 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) May 26, 1998 Cox Radio, Inc. ------------------------------------------------------------------------------- (Exact name of Registrant as specified in its charter) Delaware ------------------------------------------------------------------------------- (State or other jurisdiction of incorporation or organization) 1-12187 58-1620022 ------------------------------------------------------------------------------ (Commission File Number) (I.R.S. Employer Identification Number) 1400 Lake Hearn Drive, Atlanta, Georgia 30319 ------------------------------------------------------------------------------ (Address of principal executive offices) (Zip Code) (404) 843-5000 ------------------------------------------------------------------------------- Registrant's telephone number, including area code Item 5. Other Events. The Company issued the accompanying press release on May 29, 1998, announcing its completion, on May 26, 1998, of the sale of $100 million principal amount of its 6.25% Notes due 2003 and $100 million principal amount of its 6.375% Notes due 2005 in an offering exempt from the registration requirements of the Securities Act of 1933, as amended, through NationsBanc Montgomery Securities LLC, Chase Securities Inc. and J.P. Morgan Securities Inc. Item 7. Financial Statements and Exhibits Exhibit 99 Press Release dated May 29, 1998 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. COX RADIO, INC. Dated: June 4, 1998 By: /s/Andrew A. Merdek ------------------------ Andrew A. Merdek Corporate Secretary EXHIBIT INDEX Exhibit No. Description Exhibit 99 Press Release dated May 29, 1998 EX-99 2 PRESS RELEASE Exhibit 99 COX RADIO ANNOUNCES PRIVATE PLACEMENT OF SECURITIES ATLANTA, May 29, 1998 - Cox Radio, Inc. (NYSE:CXR) announced today that it has privately placed $200 million in aggregate principal amount of senior notes consisting of $100 million 6-1/4% Notes due 2003 and $100 million 6-3/8% Notes due 2005. The private placement was sold by NationsBanc Montgomery Securities LLC, Chase Securities Inc. and J.P. Morgan Securities Inc. The offerings were made by means of an offering memorandum to qualified institutional buyers pursuant to Rule 144A. Proceeds from the offerings will be used to repay existing indebtedness under the Company's revolving credit agreement. As a result, approximately $200 million will be available for the Company to borrow on a revolving basis to finance future acquisition opportunities. The Notes have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Company has agreed to file a registration statement with the Securities and Exchange Commission relating to an exchange offer for, or a resale of, the Notes (the "Exchange Offer"). If the Exchange Offer is not consummated, or a resale registration is not declared effective, within prescribed time periods, additional interest will be payable on the Notes. Commenting on today's announcement, Maritza Pichon, Chief Financial Officer of Cox Radio said, "We are pleased to secure this financing at such attractive rates as we continue to take advantage of the attractive economics of the radio industry." Cox Radio is one of the 10 largest radio broadcasting companies in the United States, based on both net revenue and number of stations. Upon the closing of all pending transactions, Cox Radio will own, operate or provide sales and marketing services for 59 stations (40 FM and 19 AM) clustered in 13 markets including Los Angeles and Atlanta and the Sunbelt markets of Miami, Tampa, Orlando, San Antonio and Birmingham. Cox Radio shares are traded on the New York Stock Exchange under the Symbol: CXR. -----END PRIVACY-ENHANCED MESSAGE-----