-----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, Oydn5U+hMUb8zBduNNEAnV4HQuSCiLzNlT5W63Q2pE5i/WSa5Zy3nbH0fzdxDryt baBA0FuTq6PvTI2F+AZXrg== 0001193125-03-007843.txt : 20030603 0001193125-03-007843.hdr.sgml : 20030603 20030602180614 ACCESSION NUMBER: 0001193125-03-007843 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030602 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030603 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PLIANT CORP CENTRAL INDEX KEY: 0001049442 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, FOIL & COATED PAPER BAGS [2673] IRS NUMBER: 870496065 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-40067 FILM NUMBER: 03728883 BUSINESS ADDRESS: STREET 1: 1475 WOODFIELD ROAD CITY: SCHAUMBURG STATE: IL ZIP: 60173 BUSINESS PHONE: 8479693300 MAIL ADDRESS: STREET 1: 1475 WOODFIELD ROAD CITY: SCHAUMBURG STATE: IL ZIP: 60173 FORMER COMPANY: FORMER CONFORMED NAME: HUNTSMAN PACKAGING CORP DATE OF NAME CHANGE: 19971110 8-K 1 d8k.txt 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) June 2, 2003 PLIANT CORPORATION (Exact name of registrant as specified in its charter) Utah 333-40067 87-0496065 (State or Other Jurisdiction (Commission File Number) (I.R.S. Employer of Incorporation) Identification No.)
1475 Woodfield Road, Suite 700 Schaumburg, IL 60173 (Address of principal executive offices including Zip Code) (847) 969-3300 (Registrant's telephone number, including area code) N.A. (Former name or former address, if changed since last report) Item 5. Other Events. On May 30, 2003, Pliant Corporation (the "Company") completed the sale of $250 million aggregate principal amount of 11-1/8% Senior Secured Notes Due 2009 (the "Notes"). The offering and sale of the Notes was not registered under the Securities Act of 1933, as amended, and the Notes may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. The net proceeds from the sale of the Notes were used to repay borrowings under our credit facilities which were amended in connection with the sale of the Notes. These events are the subject of the press release issued by the Company on June 2, 2003, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (a) Financial Statements: Not applicable (b) Pro Forma Financial Information: Not applicable (c) Exhibits
Exhibit No. Document - ----------- -------- 99.1 Press Release dated June 2, 2003.
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. PLIANT CORPORATION Dated: June 2, 2003 By: /s/ Brian E. Johnson ----------------------------------- Brian E. Johnson Executive Vice President and Chief Financial Officer EXHIBIT INDEX
Exhibit Number Description of Exhibits - ------ ----------------------- 99.1 Press Release dated June 2, 2003.
EX-99.1 3 dex991.txt PRESS RELATED DATED JUNE 2,2003 Exhibit 99.1 June 2, 2003 FOR IMMEDIATE RELEASE PLIANT CORPORATION COMPLETES SALE OF $250 MILLION OF 11 1/8% SENIOR SECURED NOTES SCHAUMBURG, IL- Pliant Corporation ("Pliant") announced today that it completed the sale of $250 million aggregate principal amount of 11-1/8% Senior Secured Notes Due 2009 (the "Notes") on May 30, 2003. The net proceeds from the sale of the Notes were used to repay borrowings under Pliant's credit agreement, which was amended in connection with the sale of the Notes. The offering and sale of the Notes was not registered under the Securities Act of 1933, as amended, and the Notes may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. Certain statements in this press release may constitute "forward-looking statements" within the meaning of the federal securities laws. There are a number of risks and uncertainties that could cause our actual results to differ materially from our estimates. These risks include, but are not limited to: general economic and business conditions, particularly a continuing economic downturn; industry trends; increases in our leverage; interest rate increases; changes in our ownership structure; raw material costs, availability and terms, particularly resin; competition; the loss of any of our significant customers; changes in the demand for our products; new technologies; the availability and associated cost of insurance coverage; changes in distribution channels or competitive conditions in the markets or countries in which we operate; costs of integrating any recent or future acquisitions; loss of our intellectual property rights; foreign currency fluctuations and devaluations and political instability in our foreign markets; changes in our business strategy or development plans; availability, terms and deployment of capital; availability of qualified personnel; and increases in the cost of compliance with laws and regulations, including environmental laws and regulations. These risks and certain other uncertainties are discussed in more detail in our Annual Report on Form 10-K for the year ended December 31, 2002 and in our Registration Statement on Form S-4 (file no. 333-86532), as amended. Pliant Corporation is a leading producer of value-added film and flexible packaging products for personal care, medical, food, industrial and agricultural markets. Pliant operates 26 manufacturing and research and development facilities around the world and employs approximately 3,250 people. # # # CONTACTS: John C. McCurdy Director of Corporate Communications Voice: 330.896.6732 Fax: 330.896.6733 E-mail: john.mccurdy@pliantcorp.com Brian Johnson EVP and Chief Financial Officer Voice: 847.969.3319 E-mail: brian.johnson@pliantcorp.com Company website: www.pliantcorp.com
-----END PRIVACY-ENHANCED MESSAGE-----