-----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, JbTGPhEpC3l5RY/E0o16R6by2gwQB3QohJd7Tb0a8Xvo9KZQDjyRqeS6RJP9cx2p YlrCbw/aGfwj30+yJiPk1A== 0000030697-96-000008.txt : 19960328 0000030697-96-000008.hdr.sgml : 19960328 ACCESSION NUMBER: 0000030697-96-000008 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960326 ITEM INFORMATION: Acquisition or disposition of assets FILED AS OF DATE: 19960327 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRIARC COMPANIES INC CENTRAL INDEX KEY: 0000030697 STANDARD INDUSTRIAL CLASSIFICATION: BROADWOVEN FABRIC MILLS, COTTON [2211] IRS NUMBER: 380471180 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02207 FILM NUMBER: 96539258 BUSINESS ADDRESS: STREET 1: 900 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 4076534000 MAIL ADDRESS: STREET 1: 900 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: DWG CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: DWG CIGAR CORP DATE OF NAME CHANGE: 19680820 FORMER COMPANY: FORMER CONFORMED NAME: DEISEL WEMMER GILBERT CORP DATE OF NAME CHANGE: 19680820 8-K 1 TRIARC FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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) March 26, 1996 TRIARC COMPANIES, INC. ---------------------------------------------------- (Exact Name of Registrant as Specified in Charter) DELAWARE 1-2207 38-0471180 - --------------- ----------- ----------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification incorporation) No.) 900 Third Avenue New York, New York 10022 -------------------------------- ----------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (212) 230-3000 --------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Item 5. Other Events. On March 27, 1996, the Registrant issued a press release with respect to the filing of a registration statement for an initial public offering of common units by National Propane Partners, L.P., a partnership recently formed to acquire, own and operate the business and assets of National Propane Corporation, an indirect wholly-owned subsidiary of the Registrant. A copy of the press release is being filed herewith as an exhibit hereto and is incorporated herein by reference. Item 7. Financial Statements and Exhibits (c) Exhibits 99.1 Press release dated March 27, 1996 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. TRIARC COMPANIES, INC. Date: March 27, 1996 By: BRIAN L. SCHORR Brian L. Schorr Executive Vice President and General Counsel Exhibit Index Exhibit No. Description Page No. - -------- ------------ -------- 99.1 Press release dated March 27, 1996 EX-99.1 2 PRESS RELEASE EXHIBIT 99.1 PRESS RELEASE CONTACT: Martin M. Shea For Immediate Release Triarc Companies, Inc. 212/230-3030 TRIARC'S NATIONAL PROPANE UNIT FILES INITIAL PUBLIC OFFERING NEW YORK, NEW YORK -- March 27, 1996 -- Triarc Companies, Inc. (NYSE: TRY) today announced that its National Propane subsidiary has formed a master limited partnership (MLP), National Propane Partners, L.P., which has filed with the Securities and Exchange Commission a registration statement for the initial public offering of approximately 6.2 million common units. This represents an approximate 52% interest in the MLP. National Propane Corporation, the Triarc subsidiary, will be the general partner of the MLP and retain an approximate 48% interest in the partnership. The partnership is also expected to issue approximately $120 million of long-term senior secured debt. The partnership intends to use a substantial portion of the net proceeds from the equity and debt issuances to repay existing debt and to make certain payments and advances aggregating approximately $110 million to Triarc. The managing underwriters for the offering are Merrill Lynch & Co. and Donaldson, Lufkin & Jenrette Securities Corporation. When available, copies of the preliminary prospectus may be obtained from Merrill Lynch & Co., 250 Vesey Street, New York, New York 10281. The offering of the common units representing limited partner interests in the MLP is expected to commence during the second quarter of 1996. A registration statement with respect to the offering of the MLP's common units has been filed with the Securities and Exchange Commission, but has not yet become effective. The offering of the MLP units will be made only by means of a prospectus. The MLP common units may not be sold, nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the MLP common units in any State in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State. The senior secured debt to be issued by the partnership will not be registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Through its four core businesses, restaurants (Arby's, Inc.), beverages (Royal Crown Company, Inc. and Mistic Brands, Inc.), textiles (Graniteville Company and C.H. Patrick & Co., Inc.) and liquefied petroleum gas (National Propane Corporation), Triarc Companies, Inc. currently has annual revenues of more than $1 billion. # # # # -----END PRIVACY-ENHANCED MESSAGE-----