-----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, HJqJV51daNodQG7g4jZcHCCFpiZj161aAkDwz9FcwPEcnPaehlzWS7KTx20zG/AC MgXHIzL5pptBxmHQQXdlkw== 0001104659-10-055586.txt : 20101103 0001104659-10-055586.hdr.sgml : 20101103 20101103160542 ACCESSION NUMBER: 0001104659-10-055586 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20101103 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20101103 DATE AS OF CHANGE: 20101103 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Polypore International, Inc. CENTRAL INDEX KEY: 0001292556 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS CHEMICAL PRODUCTS [2890] IRS NUMBER: 432049334 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32266 FILM NUMBER: 101161465 BUSINESS ADDRESS: BUSINESS PHONE: (704) 588-5310 MAIL ADDRESS: STREET 1: 11430 N. COMMUNITY ROAD, SUITE 350 CITY: CHARLOTTE STATE: NC ZIP: 28277 8-K 1 a10-20530_18k.htm 8-K

 

 

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): November 3, 2010

 

POLYPORE INTERNATIONAL, INC.

(Exact name of Registrant as specified in its charter)

 

Delaware

(State or Other Jurisdiction of Incorporation)

 

1-32266

 

43-2049334

(Commission File Number)

 

(IRS Employer Identification No.)

 

11430 North Community House Road, Suite 350, Charlotte, North Carolina

 

28277

(Address of Principal Executive Offices)

 

(Zip Code)

 

(704) 587-8409
(Registrant’s Telephone Number Including Area Code)

 

Not Applicable
(Former Name and Former Address, if Changed Since Last Report)

 

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 November 3, 2010, Polypore International, Inc. (“Polypore”) issued a press release announcing that it has issued a notice of redemption for $75 million principal amount of its outstanding 8¾% Senior Subordinated Dollar Notes due 2012. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

Item 9.01.              Financial Statements and Exhibits.

 

(d)           Exhibits.

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press Release of Polypore International, Inc., dated November 3, 2010.

 

2



 

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.

 

 

POLYPORE INTERNATIONAL, INC.

 

(Registrant)

 

 

 

 

Date: November 3, 2010

By:

/s/ Lynn Amos

 

 

Lynn Amos

 

 

Chief Financial Officer

 

3


EX-99.1 2 a10-20530_1ex99d1.htm EX-99.1

Exhibit 99.1

 

Polypore International, Inc.

The Gibson Building

11430 North Community House Road

Suite 350

Charlotte, NC  28277

 

Tel: (704) 587-8409

 

Fax: (704) 587-8795

 

 

 

www.polypore.net

 

POLYPORE TO REDEEM $75 MILLION OF

 

8¾% SENIOR SUBORDINATED DOLLAR NOTES DUE 2012

 

CHARLOTTE, NC - November 3, 2010 — Polypore International, Inc. (NYSE: PPO) announced today that it has issued a notice of redemption for $75 million principal amount of its outstanding 8¾% Senior Subordinated Dollar Notes due 2012 (CUSIP Nos. 73179UAA3, U73159AA0, 73179UAC9) issued under an indenture dated as of May 13, 2004, with The Bank of New York Mellon as trustee, at a redemption price equal to $1,000 per $1,000 principal amount of the notes, together with accrued and unpaid interest to the redemption date.  The notes will be redeemed on December 3, 2010.

 

In accordance with the terms of the indenture governing the notes, the notes shall be selected by lot.  Interest on the redeemed portion of the notes will cease to accrue after December 3, 2010.  The aggregate principal amount currently outstanding of the dollar notes is $225 million.

 

A Notice of Redemption is being mailed by The Bank of New York Mellon, the trustee for the notes, to all registered holders of the notes. Copies of the Notice of Redemption and additional information relating to the procedure for redemption may be obtained from The Bank of New York Mellon at 101 Barclay Street, Fl 4 East, New York, NY 10286, Attn: Global Finance Americas, Fax: 212-815-5802.

 

Forward-Looking Statements

 

This release contains statements that are forward-looking in nature. Statements that are predictive in nature, that depend upon or refer to future events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions are forward-looking statements.  These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results and performance to be materially different from any future results or performance expressed or implied by these forward-looking statements.  These factors include the following: the highly competitive nature of the markets in which we sell our products; the failure to continue to develop innovative products; the loss of our customers; the vertical integration by our customers of the production of our products into their own manufacturing process; increases in prices for raw materials or the loss of key supplier contracts; our substantial indebtedness; interest rate risk related to our variable rate indebtedness; our inability to generate cash; restrictions related to the senior secured credit facility; employee slowdowns, strikes or similar actions; product liability claims exposure; risks in connection with our operations outside the United States; the incurrence of substantial

 



 

costs to comply with, or as a result of violations of, or liabilities under, environmental laws; the failure to protect our intellectual property; the loss of senior management; the incurrence of additional debt, contingent liabilities and expenses in connection with future acquisitions; the adverse impact on our financial condition from restructuring activities; the failure to effectively integrate newly acquired operations; the absence of expected returns from the significant amount of intangible assets we have recorded; the adverse impact from legal proceedings on our financial condition; natural disasters, epidemics, terrorist acts and other events beyond our control; and economic uncertainty and the current crisis in global credit and financial markets. Additional information concerning these and other important factors can be found in Item 1A. “Risk Factors” of our most recent Annual Report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission.  Such forward-looking statements speak only as of the date of this press release.  Polypore expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Polypore’s expectations with regard thereto or change in events, conditions or circumstances on which any statement is based.

 

INVESTOR CONTACT:  Polypore Investor Relations - 704-587-8886 or investorrelations@polypore.net

 

2


GRAPHIC 3 g205301mmi001.jpg GRAPHIC begin 644 g205301mmi001.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T- M#AT5%A$8(Q\E)"(?(B$F*S7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$! M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$" M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#U/5-8&FO& MIMVD,A.,,!TQ_C5'_A*TXQ9LE*DI21Y5;$58U'&+.B'BN,L`;1\$XR'_Q' M^?SQHZ?JUMJ((BW*XZJPYKF=2TB73%C+.DBN<948)Z?4VBZQQ$*HSU/!/T.?Y?E5TS3Y-1G$2%54# M+OCMQQVYX_SV5'#TXT^>H.KB*DJG)3-2V\52>8!/Y>V`L1AH>S]I3'A\1/GY)EF7Q.L4S1_9&8JY7(?J1^'^?SQ=TS5QJ0E*0% M?+QCG.?TXKDKO/VR88!S*PXXSR..GM_GMM^%!D7&>?N]!Q_+_/\`)UL/3C1< MDM0HXBI.JHMZ$C>*E5MILGSG&"^.>XY'^?P.-#2]534TD*QE#&0""<_Y[U@> M(;,VVH>8JCRYSD8[GC(]NF?\\-\-SB'4PK'`E4H..">,#Z\?Y[*6'I2H\\%J M.%>K&MR39MZCKJ:?<"#R#*Q]&QC_`#_GOC/N?&!AA,D6ESW#9`"1MDGU[<8_ MSWQEZE.+K49I5P0\F!C^(#`_I^GY2_V=J?\`PCLUQILGE7DCH(VW^7\@QGDX MZ]/P_*EAZ4()S6OJ1]8JSFU!Z>@[_A/KKC_BF-0YX'!Z\9[?7\OR/^$^NN/^ M*8U#G@<'KQGM]?R_+$_L[Q^G)U$G'7-XO/MU]C5^Y\/^-K>U6:+7VGDP-\1D MVXXYY/'K_GH.E07\OWL%4Q#3?O?V4IZ":$[6]<''\_2M MSI7F0T_Q_&0QU$G:<\W:X/L>?8UU/B<:_-I=I%I;I#.Q!G?SE3&`.`?E M)A*K7'ATR1%L$1PR(?S.?\C\JT>E^/FD5#J9^]@_Z6#^F?K5F_T+QM M:-'Y&NMNI0H1]WW?O9S.==OF7-]R.ST?54U>R%PMO/;N. M'BG0JRG'OU'O6?KGB6XT>\6WCT6[O59`WF0@[02>AX^O^\\FW$8#+]H"9;)[?3_P#7ZPZ'KQUXX[_E]<*/'5WN&[POJ0&0"0IX M/'M]?R^N,:STCQS<7$<4NM&&,GYI!@//2G7FC^.;6X,<>M&>,8(D-R$ MW>V#]#71[*A>WN_>S#VE>U_>^Y';:3J\>K6_F+;7-LZ\/%<1%&4_CP:R=5\6 MW6G:E+:1^'[VZ2-@HFC^ZV0#Z'U_3\LOPU:^+8-;@;4[X36OS!U-RKY^7C@' ML?\`/HS7K+Q?)KES)IVH&.T+CRT-RJ8X'&,\=ZQC1IJJTVFK=V;2JU'232:= M^RN7/^$ZOAC/A;4!SCH>#_WS1_PG5]QGPMJ`YQT/!]_EXK,T_1?&]U(5FUSR M549W?:-^>1QA?QJZ/"_C#C/B@G!]6YZ?_7_STU<,.M';[Y&2GB'_`#?6>F=W?K]WIZ?I_48MM&);B&)A\KN%)7@D9'`XZ M_P"?I[N'M[!7/#KW]N[=RUJ6JS:H8Q)&B(A.U5)YZ=SW'X?X-TBV:ZU&!`OR MJP9F`QP,''3CI_GMT"^&-/4_\M2.X+?_`%O:M"TL;>QCV6\2H.Y`Y;ZFN66* MIQARTT=,<+4E/FJ,XW423J,_&VIX4'[ZG147 M/A_=[&%/W<1[W=C_`!*N-5!`^\@!_P!KG_/Y>W%?0L?VM;@@&K@X_E_G^6)=Y^V3#`. M96''&>1QT]O\]M#0M2@TX2^?O/F$!0B^GY?YSZ<.O%RH62[$T)*-9-^9O:U9 MB\TYQM!>/YU/?CK^E<;#(\4B/'@,K<$#&>G'3V_SVZZW\0V-S/'"@E#2'"[D MP,UR]\@COYHT7Y1*5'8GD\N8K=1P[`,P' M;C/;MC_/;>\66-I+X:^R3WJ6,"O&!*ZE@,$8&!BJWA2-3GA^0ZFD[VWF)D0$!\[N.345ZC>(C%=+%T8)8>4GU/.ET#0_E_P"* MOM^2!_Q[O_L^_P#G'Y=%J6IZ=J>B0:3_`,)-90P*$1BMNY+[=N,\\=/T_+G5 MN/!(5A98UW\5Q2RRL%5%MGRQ^7CK_`)Q^6_XO MT?3GGT^"]UY+#[-;K&B/$SEP"/FX(QT_3\NHT;POI.A,9+*V_>D;3+(VYL>F M>W3M6)X[MM%B>UOM5MKQ]Q,2O:L%`/!&[/T./I^6$<2ZE:*3=O17_(WEAE3H MMR2O\[?F8'AW1M%M]?LI;?Q-%/T[?EU7CJSLKW3+=;W4E MT]%G!61HRX8XZ<8^OX?B.+T[5/!]C?V]U#;:LKQ2*REW0@$8ZC/3_#\M_P`5 M^)O"^HQV]M/++8]3^7Y:5(5'7A+7[E_PQ%.5-4)1]WTN_ M^'.:70=`!4CQ?#@$'_CV?V]_\X_+H/&.F:5>:G:O>:]'8R"W0*C0,V]0?O<8 MQ_\`6_+&TU/"&H:A;6D%IJYDF=54&1<9XZX.<<=?;\MOQJ_AZ#68$U6"^DF\ ME=IMW55VYXR..X//Z\<:2E+VL5>5[/HO\C.,8JC)VC;3JS&TNRT;2[^&]M?% M\`EC.5WVCD8P`01G_#I^2ZE;Z7K-X+N]\9PO*V.19NH`&.,9X_\`K?D:/#X. MU34[:QCLM3+3-M'FS`*>`>=ISV[?_JGUS3_"6@ZI]AN+74V88<&.9=N#C`YQ MZ?IU]*YOWEO>YK=H[?<19>SVCRW[RW-?P'I&C6M[-<6>KKJ-P$PH5"GEJ<9R M#]`/\\9GB?2='N?$EW+<^)8K69I%+1&!FVX"C!(/M_GM-X,N_#7_``D$,>FP MZC%<2(ZJ9I%*D;02"`?;]/RA\3W'A=/$MVNH6VI/./\^F M4>=8AZO;RO\`Y&LG!X9*RM?N[?YF;:Z5HUK()+;QJ(';`W)!(I*_+P2"/Z=/ MRTM*CLQJEGCQQ+ MG3K_`)&K;ZG\.[:XBG@MBDL;AD;9)PP.0>3]*NI*6JM)_)?Y$4XPT=XKYR_S M/0J*;&ZRQK(ARK@,#C'!HKPSW3`\1V=Q<3PM#;R2@9W;>?[OY=/;^HR[33KY M+RW+6$C*?/2#\VP]&^E5=5\5Z!H=TMKJFJV]I,Z;U25L$KG&?IG/Y'T-<9V$NL M:4-1B#)@3)TS_$,YQG\*Y>;3;ZV.R6U?CNJY!Z<9`]O\]NOTW5+#6+,7FG74 M=U;L2HDC.02.M9L?C;PS-J*:='K5J]V\GE+"&RQ?.-OUS751Q4Z2Y=TK:?H MUI]KU*[BM8`P7S)6P,GH*BTC7](U^%Y=)U""\6,@/Y39*YZ9'4?_`%C16Q,Z MJMLAT<-"D[[LYNYTZ^:ZE*V MW^>W6OK&FQZHNER7T"7S1F1;=G`WM_GLFH6%[)J$ M[I9S.C2L=P3[PR/\/\]ND;6M,36$T=KZ$:@Z%UMBWSE0,YQ]/Y'T-&JZUIFA MVZ7&J7D5I"[[%DE.%+8)QGUP#^5+ZY+FYK#^IQY>6YF^&K2XMIIS/`\>5&"5 MP#^G^?Y6/%7F_P!AR"'3$U)RZC[.ZE@>>N!Z5+I/B31=>>5-*U*"\:$`R")L M[<],_D:L+JE@VJ-I8NHS>I'YK09^8)ZUA*LY5/:-'1&BHT_9IGG7^G\X^'T` M#=/W+\#W_,?E^7I%@6.G6Q:`0-Y*9B'_`"S.!\OX=*@U;7-+T*W6XU6_ALXG M;8K2MCM2Z;J=CK%DE[IUU%=6\GW9(VR/<>Q]J=:M[1)6M\V*E0]FV[W^ M[]"U4%Y9VU_;-;W<$<\3=4D7(XZ54?Q%HT7!X$M6R<#,#@#ZDX]OR]N/1[;6=,O-1N-.MKZ&:[M? M]="CY:/ZT_4-3L=*@2?4+J*VC>01JTC8!8]!]:[5B[*SCKZO_,XG@[NZEIZ( MS-`T6*&)+RZTBQL[K.46W7)08[D]_IZ"LKQ:UXNJQ_9O#$.J*8AF9XF8@YZ9 M'X?YZ=E16$:S4^=JYNZ*Y.1:?<;X-@L8RW-PL#`QC'7GIV_R* MO^+A>1ZE"]MX9M]45X^96C+,I!Z''3J/\].PJI_:MA_:@TLW<0OC'YHMRWSE M/[V/3_Z_I5O$?O%/E_%DK#^YRW_!?Y'$Z)/J2:Q:%_!D-FC.`TZ0,#&#@9]N MWY>U2>(9-177;D0^$(+]-R[;EH&)?A>I'IP/P]J[&]U?3M.N+:WO;R*WENV* M0+(V/,88X'YBG6FI6-_+5.J,"8W]".U/ZRN?FY?Q8OJ_N\O-^ M"_R/.A)JF%QX!MAG&/\`1V]O_K?E[4>9JA`'_"`6V#V^S-[?_6_+VKNM5\4: M%H<\<&J:M:VDLG*I+(`<9QG'8>YK3CD26-9(W5T@_.KOQ(T.]\1>$GTZP@$TSW$3%2P7Y0W/)KJZ*`/.O!_ M@G5_#7CZYGGD-SI26+6]E<,P+A-ZE8V'7Y1GGH6^$O"OB+0];8W.DWHAD MU%KCS(=2B6#8S`9:/&3@J_@OPSJ7A[Q/KDFH(;Q;PJ\&IM(-\B*`!&R#@$>H`S@^V.VHH`\W\ M6^!]5USQV^KVBFV-O8*;*[20#_2$?(##K@@D?YXW?AKHFH>'_!=MI^IP+#GZI;M?Z'I&1-MP6)W$C)'7C'?\`+H*]IH>I0_%6^UQHE73Y]-6!9-P)9PRG&!R. MAY/_`.KK:*`.*\8:'JLOBK1?$6G:=%JR6"R1RV4DH0_-T="W&?KZ#ZBQ\/-` MO]#TW4)-1ACM9=1OI+M;6-]X@5@`%STSQV]OH.MHH`\F\1?#K7]1USQ-J]@? M)N+DHMJ/-&VZA9-LL;#/'8@G'(&/5>^\/VU]I/@C3[5[,=#US2]=GBM)I)9W^W)$V)MDI!8N2=K;2!@#_`/5U MOQ'T74];T2RCTJ#[1/;W\4YCWA,JN>YQZCOWKKJ*`,S0K[5K^T>75](&ERA\ M)&+A9MRX!SD`8YR,>WX5%HNL76IZAJUM/8FWCL+KR(I=VX3#:#G]1D=JV**` M"N2?0]1/Q6CUP1#^SQI9@\P/SYF_.W&?3!SC_P"MUM%`'$?$#PA=>+=7T"-` MPL[9YVN95DVM%E5VL.Y.1V__`%+\-M!UW1$UEO$&&NKJ[$GG!PPE`7&[CIG\ M/TKMJ*`/.=7T#7M.\9ZSJ]CH5MKD.KVJ1(LTRJ(&4!<,&ZJ<9P#S[=N[L5GM M](@26WA2>.!0T%MQ&K!?NIGL.@Z?A5NB@"EH]S?W>EPSZG8K8W3YWVZRB39S +QR/;!HJ[10!__]D_ ` end
-----END PRIVACY-ENHANCED MESSAGE-----