424B3 1 four24b3.txt 424B3 Supplement No. 1 to Prospectus dated July 18, 2001 [NCO GROUP, INC. LOGO] $125,000,000 4.75% Convertible Subordinated Notes Due 2006 and Common Stock Issuable Upon Conversion of the Notes This is a first supplement to the Prospectus dated July 2, 2001 (the "Prospectus"), relating to $125,000,000 principal amount of our 4.75% Convertible Subordinated Notes due 2006 (the "Notes") and the shares of our common stock issuable upon conversion of the Notes. The table in the "Selling Holders" section on pages 19-20 of the Prospectus is hereby replaced by the following information regarding Selling Holders in the Prospectus:
Principal Amount of Common Stock Notes Beneficially Issuable upon Selling Holders Owned and Offered Conversion of Notes(1) --------------- ------------------- ---------------------- AAM/Zazove Institutional Income Fund L.P. 1,100,000 33,414 Alexandra Global Investment Fund I, Ltd. 5,000,000 151,883 Argent Classic Convertible Arbitrage Fund (Bermuda) Ltd. 3,000,000 91,130 Argent Classic Convertible Arbitrage Fund L.P. 2,000,000 60,753 Associated Electric & Gas Insurance Services Limited 250,000 7,594 Aventis Pension Master Trust 180,000 5,467 B.C.McCabe Foundation 250,000 7,594 BNP Cooper Neff Convertible Strategies Fund, L.P. 766,000 23,268 BNP Paribas Equity Strategies SNC 3,934,000 119,501 Boilermaker - Blacksmith Pension Trust 1,130,000 34,325 CALAMOS(R) Convertible Fund - CALAMOS(R) Investment Trust 3,400,000 103,280 CALAMOS(R) Convertible Growth & Income Fund - CALAMOS(R) Investment Trust 1,850,000 56,196 CALAMOS(R) Convertible Portfolio - CALAMOS(R) Advisors Trust 140,000 4,252 CALAMOS(R) Market Neutral Fund - CALAMOS(R) Investment Trust 3,230,000 98,116 City of Albany Pension Plan 125,000 3,797 City of Knoxville Pension System 235,000 7,138 Clarica Life Insurance Co., U.S. 280,000 8,505 Consulting Group Capital Markets Funds 250,000 7,594 Deutsche Banc Alex. Brown, Inc. 10,255,000 311,513 Drury University 40,000 1,215 Gaia Offshore Master Fund Ltd. 5,000,000 151,883 Global Bermuda Limited Partnership 600,000 18,226 HFR Master Fund LTD 400,000 12,150
KBC Financial Products USA 1,000,000 30,376 Kentfield Trading, Ltd. 12,130,000 368,469 Kettering Medical Center Funded Depreciation Account 80,000 2,430 Knoxville Utilities Board Retirement System 160,000 4,860 Lakeshore International Ltd. 1,400,000 42,527 Leonardo, L.P. 10,000,000 303,767 Lipper Convertibles, L.P. 2,000,000 60,753 Lord Abbett Bond Debenture Fund 4,700,000 142,770 McMahan Securities Co., L. P. 895,000 27,187 MSD Portfolio L.P. - Investments 7,000,000 212,636 National Fuel Gas Company Retirement 100,000 3,037 Oxford, Lord Abbett & Co. 1,050,000 31,895 Paloma Securities LLC 10,000,000 303,767 RCG Latitude Master Fund 1,500,000 45,565 San Diego County Employees Retirement Association 2,500,000 75,941 SCI Endowment Care Common Trust Fund - National Fiduciary Services 160,000 4,860 SCI Endowment Care Common Trust Fund- Suntrust 65,000 1,974 The Fondren Foundation 90,000 2,733 Total Fina Elf Finance USA, Inc. 185,000 5,619 TQA Master Plus Fund, Ltd. 2,000,000 60,753 UBS AG London Branch 9,500,000 288,578 Union Carbide Retirement Account 1,200,000 36,452 Van Waters & Rogers, Inc. Retirement Plan 305,000 9,264 Zazove Hedged Convertible Fund L.P. 1,300,000 39,489 Zurich HFR CALAMOS(R) Holdings Limited 60,000 1,822 Zurich Institutional Benchmarks Master Fund Ltd. 1,100,000 33,414 Other - to be provided(2) 11,105,000 337,354 ------------ --------- Total $125,000,000 3,797,084
--------------- (1) Assumes a conversion rate of approximately 30.3767 shares of common stock per $1,000 principal amount of Notes and a cash payment in lieu of any fractional interest. (2) Holders of these Notes have not yet provided the information required to be set forth in this prospectus. We will amend this prospectus or provide a supplement to list these holders when we receive the required information. All of the other portions of the Prospectus, as previously supplemented, remain unchanged. The date of this Supplement No. 1 is July 18, 2001.