-----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, LBKtb/C1c4GfT+Sa2q4sP97x5KboXDXGm3Yq9GLC0mesYPQaJkHGErMvhkp4Bi+P KAtWRJLKcqzvY4i80UCDkA== 0000203248-06-000027.txt : 20060508 0000203248-06-000027.hdr.sgml : 20060508 20060508172116 ACCESSION NUMBER: 0000203248-06-000027 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060508 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060508 DATE AS OF CHANGE: 20060508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHERN UNION CO CENTRAL INDEX KEY: 0000203248 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 750571592 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06407 FILM NUMBER: 06817749 BUSINESS ADDRESS: STREET 1: 417 LACKAWANNA AVENUE CITY: SCRANTON STATE: PA ZIP: 18503-2013 BUSINESS PHONE: (570) 614-5000 MAIL ADDRESS: STREET 1: 417 LACKAWANNA AVENUE CITY: SCRANTON STATE: PA ZIP: 18503-2013 8-K 1 suform8k_050806.htm SOUTHERN UNION COMPANY FORM 8K 050806 Southern Union Company Form 8K 050806
 

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): May 5, 2006


SOUTHERN UNION COMPANY
(Exact name of registrant as specified in its charter)



Delaware
1-6407
75-0571592
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer
Identification No.)



5444 Westheimer Road
Houston, Texas
(Address of principal executive offices)
77056-5306
(Zip Code)


Registrant's telephone number, including area code: (713) 989-2000


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:

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


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


[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
[ ]
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 May 5, 2006, Southern Union Company issued a press release announcing that the remarketing of its 2.75% Senior Notes due August 16, 2006 will be rescheduled to a subsequent remarketing period referenced in the forward stock purchase agreement. The initial remarketing period indicated in the forward stock purchase agreement was May 11, 2006. 
 
Southern Union issued $125 million aggregate principal amount of the 2.75% Senior Notes when it issued 2.5 million Equity Units (NYSE: SUG PrB CUSIP No. 844030304) in June 2003. A copy of the press release is attached hereto as Exhibit 99.1.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(c) Exhibits.

              Exhibit No.                      Exhibit

 Press Release issued by Southern Union Company on May 5, 2006.
 

This 8-K includes forward-looking statements. Although Southern Union believes that its expectations are based on reasonable assumptions, it can give no assurance that such assumptions will materialize. Important factors that could cause actual results to differ materially from those in the forward-looking statements herein are enumerated in Southern Union's Forms 10-K and 10-Q as filed with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by the Company, whether as a result of new information, future events, or otherwise.

 
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 thereunto duly authorized.

 
 
 
 
SOUTHERN UNION COMPANY
 
(Registrant)
 
Date: May 8, 2006
 
By:
 
/s/ Robert M. Kerrigan, III
 
Robert M. Kerrigan, III
 
Vice President - Assistant General Counsel and Secretary

 
EXHIBIT INDEX

        Exhibit No.                   Description
 
 Press Release issued by Southern Union Company on May 5, 2006.

EX-99.1 2 pressrelease.htm PRESS RELEASE Press Release
Exhibit 99.1
 


06-09
For further information:
John F. Walsh
Director of Investor Relations
Southern Union Company
1-800-321-7423


SOUTHERN UNION COMPANY
RESCHEDULES REMARKETING OF 2.75% SENIOR NOTES


HOUSTON, May 5, 2006— Southern Union Company (NYSE: SUG) today announced that the remarketing of Southern Union’s 2.75% Senior Notes due August 16, 2006, (the “2.75% Senior Notes”) will be rescheduled to a subsequent remarketing period referenced in the forward stock purchase agreement. The initial remarketing period indicated in the forward stock purchase contract agreement was May 11, 2006.

Southern Union issued $125 million aggregate principal amount of the 2.75% Senior Notes when it issued 2.5 million Equity Units (NYSE: SUG PrB CUSIP No. 844030304) in June 2003. Each Equity Unit currently consists of a $50 principal amount of the 2.75% Senior Notes and a forward stock purchase contract that obligates the holder to purchase Southern Union Company common stock on August 16, 2006. There is currently $125 million aggregate principal amount of the 2.75% Senior Notes outstanding.

About Southern Union Company
Southern Union Company, headquartered in Houston, is one of the nation’s leading diversified natural gas companies, engaged primarily in the transportation, storage, gathering, processing and distribution of natural gas. The company owns and operates the nation’s second largest natural gas pipeline system with more than 22,000 miles of gathering and transportation pipelines and one of North America’s largest liquefied natural gas import terminals.
Through Panhandle Energy, Southern Union’s interstate pipeline interests operate approximately 18,000 miles of interstate pipelines that transport natural gas from the San Juan, Anadarko and Permian Basins, the Rockies, the Gulf of Mexico, Mobile Bay, South Texas and the Panhandle regions of Texas and Oklahoma to major markets in the Southeast, West, Midwest and Great Lakes region.
Southern Union Gas Services, with approximately 4,800 miles of pipelines, is engaged in the gathering, transmission, treating, processing and redelivery of natural gas and natural gas liquids in Texas and New Mexico.
Through its local distribution companies, Missouri Gas Energy, PG Energy and New England Gas Company, Southern Union also serves approximately 1 million natural gas end-user customers in Missouri, Pennsylvania, Rhode Island and Massachusetts.
For further information, visit www.sug.com.
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