-----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, RHOTWhzA1jvb7WcBPo/f3KEG43mZBp17E3bmy5TglJptprOoJuhcpmKoeFHx6owY 1PkOqubEKqTLfCKOsgpeHA== 0000950130-96-004848.txt : 19961220 0000950130-96-004848.hdr.sgml : 19961220 ACCESSION NUMBER: 0000950130-96-004848 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19961217 ITEM INFORMATION: Other events FILED AS OF DATE: 19961219 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONTINENTAL CAN CO INC /DE/ CENTRAL INDEX KEY: 0000103392 STANDARD INDUSTRIAL CLASSIFICATION: METAL CANS [3411] IRS NUMBER: 112228114 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06690 FILM NUMBER: 96683226 BUSINESS ADDRESS: STREET 1: ONE AERIAL WAY CITY: SYOSSET STATE: NY ZIP: 11791 BUSINESS PHONE: 5168224940 MAIL ADDRESS: STREET 1: ONE AERIAL WAY CITY: SYOSSET STATE: NY ZIP: 11791 FORMER COMPANY: FORMER CONFORMED NAME: LOCKWOOD KESSLER & BARTLETT INC DATE OF NAME CHANGE: 19710815 8-K 1 FORM 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): December 17, 1996 CONTINENTAL CAN COMPANY, INC. ------------------------------------------------ (Exact name of registrant as specified in its charter)
DELAWARE 1-6690 11-2228114 - ------------------------------ ------ ------------------------------------ (State of incorporation) Commission File Number (I.R.S. Employer Identification No.)
One Aerial Way, Syosset, New York 11791 ---------------------------------------------------------------------------- (Address of principal executive offices) Zip Code (Registrant's telephone number, including area code) (516) 822-4940 --------------- ITEM 5. OTHER EVENTS On December 17, 1996, the Company's subsidiary, Plastic Containers, Inc. sold $125,000,000 in principal amount of its new 10% Senior Secured Notes due 2006 in a private transaction arranged by Donaldson, Lufkin & Jenrette Securities Corporation, Lehman Brothers Inc. and Societe Generale Securities Corp. PCI also successfully completed its tender offer for its outstanding 10 3/4% Senior Secured Notes, of which $104,700,000 are outstanding; tenders of $101,715,000 principal amount of the 10 3/4% Senior Secured Notes were tendered and have been accepted for payment, and funds sufficient to retire the $2,985,000 principal amount of the 10 3/4% Senior Secured Notes which remained outstanding after the tender offer have been deposited with the trustee for the 10 3/4% Senior Secured Notes. Continental Plastic Containers, Inc., a wholly owned subsidiary of PCI, simultaneously entered into a sale-leaseback agreement with other financial institutions pursuant to which it received proceeds of approximately $40.6 million. Of the amount refinanced, $30 million has been lent by PCI to the Company for the purchase of an additional 34% of PCI, of which 29% has already been acquired. The additional 5% will be acquired on December 31, 1996 bringing the Company's ownership to 84% of PCI. SIGNATURE --------- 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 thereunto duly authorized. CONTINENTAL CAN COMPANY, INC. (REGISTRANT) By: /s/ Abdo Yazgi -------------- Abdo Yazgi Executive Vice President DATED: December 18, 1996 -----END PRIVACY-ENHANCED MESSAGE-----