-----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, L9+i3vHdXrZ6U6zqEMCYZRtSL3wDbrp2PxXojrtM2omVtZZnwHhVYFimpRBWp/Rc sM2EF+VHQ6A+6uYt0OuE4A== 0000912057-02-007601.txt : 20020414 0000912057-02-007601.hdr.sgml : 20020414 ACCESSION NUMBER: 0000912057-02-007601 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020226 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HEXCEL CORP /DE/ CENTRAL INDEX KEY: 0000717605 STANDARD INDUSTRIAL CLASSIFICATION: ABRASIVE ASBESTOS & MISC NONMETALLIC MINERAL PRODUCTS [3290] IRS NUMBER: 941109521 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08472 FILM NUMBER: 02558085 BUSINESS ADDRESS: STREET 1: TWO STAMFORD PLAZA STREET 2: 281 TRESSER BLVD., 16TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 203-969-0666 MAIL ADDRESS: STREET 1: TWO STAMFORD PLAZA STREET 2: 281 TRESSER BLVD., 16TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06901 8-K 1 a2072001z8-k.txt 8-K 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 February 26, 2002 (February 26, 2002) -------------------------------------- Date of report (Date of earliest event reported) Hexcel Corporation ------------------------------------------- (Exact Name of Registrant as Specified in Charter) Delaware 1-8472 94-1109521 - -------------------------------------------------------------------------------- (State of Incorporation) (Commission File No.) (IRS Employer Identification No.) Two Stamford Plaza 281 Tresser Boulevard Stamford, Connecticut 06901-3238 ------------------------------------------------------ (Address of Principal Executive Offices and Zip Code) (203) 969-0666 -------------------------------------------------- (Registrant's telephone number, including area code) N/A ----------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Item 5. OTHER EVENTS. We have decided to make available to investors and financial analysts an amortization schedule of the principal payments of our indebtedness, including capital lease obligations, due each year through 2006 and in the aggregate after 2006. In order to comply with Regulation FD, we are filing the amortization schedule as Exhibit 99.1 to this Current Report. Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits 99.1 Debt Amortization Schedule. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HEXCEL CORPORATION Date: February 26, 2002 /s/ Stephen C. Forsyth ---------------------------------- Stephen C. Forsyth Executive Vice President and Chief Financial Officer 2 Exhibit Index ------------- EXHIBIT NO. Description 99.1 Debt Amortization Schedule. 3 EX-99.1 3 a2072001zex-99_1.txt EXHIBIT 99.1 Hexcel Corporation Exhibit 99.1 Aggregate Maturities of Indebtedness December 31, 2001 (1)
2002 2003 2004 2005 2006 Thereafter Total ------------------------------------------------------------------------ (In Thousands of US $) Senior Credit Facility Revolving Credit Facilities/Overdraft Facility 115,221 115,221 Term Loans 8,322 8,870 43,881 57,662 118,735 9.75% Senior Subordinated Notes Due 2009 (2) 340,000 340,000 7.0% Convertible Subordinated Notes Due 2003 46,935 46,935 7.0% Convertible Subordinated Debentures Due 2011 1,750 1,750 1,750 1,750 17,500 24,500 European Credit and Overdraft Facilities (3) 3,500 3,500 ------------------------------------------------------------------------ Subtotal 11,822 57,555 160,852 59,412 1,750 357,500 648,891 Capital Lease Obligations 5,614 6,043 6,498 6,990 10,659 2,627 38,431 ------------------------------------------------------------------------ Total 17,436 63,598 167,350 66,402 12,409 360,127 687,322 ------------------------------------------------------------------------
(1) This amortization schedule presents, in summary form, the principal amount of our indebtedness, including capital lease obligations, due each year through 2006 and in the aggregate after 2006. It does not include intercompany debt, trade payables or accrued liabilities such as accrued compensation and benefits. This schedule has been presented to provide information regarding required principal payments of our indebtedness that we believe will be helpful to investors and financial analysts to assess our financial condition. This amortization schedule should not be considered in isolation, or as a substitute for information in our financial statements and related disclosures which appear in our periodic reports filed with the Securities and Exchange Commission. The information in this amortization schedule is current as of December 31, 2001. We do not undertake a duty to update this information except as required by law. (2) On June 29, 2001, we issued $100.0 million principal amount of additional senior subordinated notes at a price of 98.5%. At December 31, 2001, the unamortized discount was approximately $1.4 million. (3) Limited credit and overdraft facilities provided to certain of our European subsidiaries by lenders outside our senior credit facility. These credit and overdraft facilities are primarily uncommitted facilities that are terminable at the discretion of the lenders. -----END PRIVACY-ENHANCED MESSAGE-----