-----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, BzGzkq63tGy17p9Vku2hYisXa1lczodwIBrLGlAMSeOmTUA4eU338YIsCt/G8yaX sWkgYZBK5oqh2XjvoR65Iw== /in/edgar/work/20000801/0000916641-00-001033/0000916641-00-001033.txt : 20000921 0000916641-00-001033.hdr.sgml : 20000921 ACCESSION NUMBER: 0000916641-00-001033 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000801 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000801 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HEILIG MEYERS CO CENTRAL INDEX KEY: 0000046601 STANDARD INDUSTRIAL CLASSIFICATION: [5712 ] IRS NUMBER: 540558861 STATE OF INCORPORATION: VA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-08484 FILM NUMBER: 683576 BUSINESS ADDRESS: STREET 1: 12560 W CREEK PKWY CITY: RICHMOND STATE: VA ZIP: 23238 BUSINESS PHONE: 8047847300 MAIL ADDRESS: STREET 1: 2235 STAPLES MILL RD CITY: RICHMOND STATE: VA ZIP: 23230 8-K 1 0001.txt PRESS RELEASE 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) August 1, 2000 ------------------------------ Heilig-Meyers Company - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Virginia 1-8484 54-0558861 - ----------------------------- ----------- ------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) file number) Identification No.) 12560 West Creek Parkway, Richmond, Virginia 23238 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (804) 784-7300 ----------------------------- N/A - -------------------------------------------------------------------- (Former name or former address, if changed since last report) Item 5. Other Events - --------------------- On August 1, 2000, Heilig-Meyers Company, a Virginia corporation (the "Company"), issued a press release announcing that the Company would defer certain interest payments scheduled for August 2000 and that the Company had engaged the investment banking firm of Lazard, Freres & Co. LLC to assist the Company in exploring strategic alternatives. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. Item 7. Financial Statements and Exhibits - ------------------------------------------ (c) Exhibits -------- The following exhibit is filed as a part of this report: 99.1 Press Release dated August 1, 2000. SIGNATURE --------- Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned thereunto duly authorized. HEILIG-MEYERS COMPANY Date: August 1, 2000 By: /s/ Donald S. Shaffer ------------------------------- Donald S. Shaffer President and Chief Executive Officer Exhibit Index ------------- Exhibit No. Description - ------- ------------------------------------------------------- 99.1 Press Release dated August 1, 2000. EX-99.1 2 0002.txt PRESS RELEASE Exhibit 99.1 FOR IMMEDIATE RELEASE AUGUST 1, 2000 Heilig-Meyers to Evaluate Strategic Alternatives During Grace Period on Bond Interest Payments Will Work with Lazard, Freres on Restructuring Alternatives Richmond, Va., -- Heilig-Meyers Company (NYSE:HMY) today announced that it will defer the scheduled August 1, 2000 interest payments on its MacSaver Financial Services 7.60% Unsecured Notes due 2007 and MacSaver Financial Services 7.88% Unsecured Notes due 2003, and the scheduled August 15, 2000 interest payment on its MacSaver Financial Services 7.40% Unsecured Notes due 2002. The related Note Indentures provide for 30-day grace periods to make the interest payments, during which the Company will evaluate its strategic alternatives and its short and long-term liquidity needs. Heilig-Meyers also announced the engagement of the investment banking firm of Lazard, Freres & Co. LLC to assist in exploring available strategic alternatives with respect to a possible reorganization, restructuring, sale, divestiture program or recapitalization of the Company. Heilig-Meyers is the Nation's largest retailer of home furnishings and related items. As of June 30, 2000 the Company operated 873 stores: 813 Heilig- Meyers, 57 as the RoomStore and 3 as Homemakers. Visit the Company's retail web sites at www.heiligmeyers.com and www.roomstore.com. -------------------- ----------------- -----END PRIVACY-ENHANCED MESSAGE-----