-----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, JnvCU6lhvtANAoWYN4BV1p84WY9xJu0I5cwqHdL8vGyLBUuRu1n1WbY0B4seNE0F W8cZWz06U5hDppWT936V8Q== 0001189233-05-000112.txt : 20050927 0001189233-05-000112.hdr.sgml : 20050927 20050927110040 ACCESSION NUMBER: 0001189233-05-000112 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050927 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050927 DATE AS OF CHANGE: 20050927 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARVINMERITOR INC CENTRAL INDEX KEY: 0001113256 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 383354643 STATE OF INCORPORATION: IN FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15983 FILM NUMBER: 051104383 BUSINESS ADDRESS: STREET 1: 2135 W MAPLE ROAD CITY: TROY STATE: MI ZIP: 48084 BUSINESS PHONE: 2484351000 FORMER COMPANY: FORMER CONFORMED NAME: MU SUB INC DATE OF NAME CHANGE: 20000501 8-K 1 arm8k092705.htm 8-K FILED 09/27/2005

 


UNITED STATES

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):     September 26, 2005

 

ARVINMERITOR, INC.

(Exact name of registrant as specified in its charter)

 

 

Indiana

1-15983

38-3354643

(State or other jurisdiction of incorporation or organization)

(Commission file number)

(I.R.S. Employer Identification No.)

 

2135 West Maple Road, Troy, Michigan

48084-7186

(Address of principal executive offices)

(Zip Code)

 

Registrant’s telephone number, including area code: (248) 435-1000

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


 

 

 

 

 

Item 8.01.

Other Events

 

On September 26, 2005, ArvinMeritor, Inc. issued a press release announcing the pricing terms of a new series of Notes to be issued in connection with its exchange offer for up to $350 million of its 6.80% Notes due February 15, 2009 and its 7.125% Notes due March 15, 2009. The press release is filed as an exhibit to this Form 8-K.

 

 

Item 9.01

Financial Statements and Exhibits

 

(d) Exhibits

 

99 – Press release of ArvinMeritor, Inc., dated September 26, 2005.

 

 

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.

 

 

 

 

ARVINMERITOR, INC.

 

 

 

 

 

Date: September 27, 2005

 

By:

/s/

Vernon G. Baker, II

 

 

 

 

Vernon G. Baker, II

 

 

 

 

Senior Vice President and General Counsel

 

 

 

 

 

EX-99 2 arm8k092705ex_99.htm EXHIBIT 99 - PRESS RELEASE

CONTACTS: Media Inquiries

Krista McClure

(248) 435-7115

krista.mcclure@arvinmeritor.com

 

Investor Inquiries

Brian Casey

(248) 435-0015

brian.casey@arvinmeritor.com

 

 

ArvinMeritor Announces Pricing Terms of Exchange Offer

 

TROY, Mich. (Sept. 26, 2005) — ArvinMeritor, Inc. (NYSE:ARM) today announced pricing terms of its Exchange Offer, in which a new series of Senior Notes due Sept. 15, 2015 (the “New Notes”), are to be issued in exchange for up to $350 million of its outstanding $499 million 6.80 percent Senior Notes (“the 6.80 percent Notes”) due Feb. 15, 2009, and $150 million 7.125 percent Senior Notes (the “7.125 percent Notes” and, together with the 6.80 percent Notes, the “Old Notes”) due March 15, 2009.

The total exchange price for each $1,000 principal amount of the 6.80 percent Notes tendered, using a yield of 6.146 percent, will be $1019.57, consisting of $1,000 principal amount of New Notes and $20.72 in cash. The total exchange price for each $1,000 principal amount of the 7.125 percent Notes tendered, using a yield of 6.146 percent, will be $1,030.05, consisting of $1,000 principal amount of New Notes and $31.20 in cash. The interest rate on the New Notes will be 8.125 percent. The yield on the New Notes will be 8.143 percent, and the issue price of the New Notes will be $998.85, which has been determined by reference to the yield on the designated 10-

(more)

 

 

 

 

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year benchmark security (as of the pricing time, which was 4.293 percent). Holders who exchange their 6.80 percent Notes will also receive accrued interest on the Notes to the settlement date, or $8.50 per $1,000 principal amount of the 6.80 percent Notes exchanged. Holders who exchange their 7.125 percent Notes will also receive accrued interest on the notes to the settlement date, or $2.97 per $1,000 principal amount of the 7.125 percent Notes exchanged.

Holders who tendered their outstanding Old Notes after 5 p.m. (ET) on Sept. 16, 2005, will receive – for each $1,000 principal amount of Old Notes tendered – the applicable total exchange price, less the early participation payment, as specified in the Offering Memorandum.

The exchange offer is limited to holders of the outstanding Old Notes who have certified certain matters to the company, including their status as ”qualified institutional buyers“ within the meaning of Rule 144A under the Securities Act of 1933.

The exchange offer is scheduled to expire at midnight (ET) on Sept. 28, 2005, unless extended, and the settlement date for the exchange of outstanding Old Notes for new 8.125 percent Senior Notes due Sept. 15, 2015, is currently scheduled to be Sept. 30, 2005.

The exchange agent for the exchange offer is Global Bondholder Services Corp. Eligible holders may call the exchange agent at (866) 470-4200 or (212) 430-3774 for more information.

The New Notes will not be registered under the Securities Act or any state securities laws. Therefore, the New Notes may not be offered or sold in the United States, absent registration or an applicable exemption from the registration requirements of the Securities Act and any applicable state securities laws.

This press release is not an offer to sell or a solicitation of an offer to buy any security. The offer to exchange is being made solely by the Offering Memorandum and related letter of transmittal.

 

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Forward-Looking Statements

 

This press release contains statements relating to future results of the company (including certain projections and business trends) that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including, but not limited to, global economic and market conditions; the demand for commercial, specialty and light vehicles for which the company supplies products; risks inherent in operating abroad (including foreign currency exchange rates and potential disruption of production and supply due to terrorist attacks or acts of aggression); availability and cost of raw materials, including steel; OEM program delays; demand for and market acceptance of new and existing products; successful development of new products; reliance on major OEM customers; labor relations of the company, its customers and suppliers; the financial condition of the company’s suppliers and customers, including potential bankruptcies; successful integration of acquired or merged businesses; the ability to achieve the expected annual savings and synergies from past and future business combinations; success and timing of potential divestitures; potential impairment of long-lived assets, including goodwill; competitive product and pricing pressures; the amount of the company’s debt; the ability of the company to access capital markets; credit ratings of the company’s debt; the outcome of existing and any future legal proceedings, including any litigation with respect to environmental or asbestos-related matters; as well as other risks and uncertainties, including, but not limited to, those detailed from time to time in the filings of the company with the Securities and Exchange Commission.

 

 

 

 

 

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