-----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, RznsTE7SEDEX1elomMnMgk26Y64gbBJbJkyYoxGUYizxC0SU0ajLgLAljIAKnm0P 6B4Jt0+6bFsvrfKOzyJ4bw== 0000950134-97-005876.txt : 19970812 0000950134-97-005876.hdr.sgml : 19970812 ACCESSION NUMBER: 0000950134-97-005876 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970808 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19970811 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: WORLDCOM INC /GA/ CENTRAL INDEX KEY: 0000723527 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 581521612 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-11258 FILM NUMBER: 97655348 BUSINESS ADDRESS: STREET 1: 515 EAST AMITE ST CITY: JACKSON STATE: MS ZIP: 39201-2702 BUSINESS PHONE: 6013608600 FORMER COMPANY: FORMER CONFORMED NAME: LDDS COMMUNICATIONS INC /GA/ DATE OF NAME CHANGE: 19930916 FORMER COMPANY: FORMER CONFORMED NAME: RESURGENS COMMUNICATIONS GROUP INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CENTRAL CORP /GA/ DATE OF NAME CHANGE: 19890523 8-K 1 FORM 8-K 1 ================================================================================ 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 8, 1997 WORLDCOM, INC. (Exact Name of Registrant as Specified in its Charter) Georgia 0-11258 58-1521612 (State or Other (Commission File (I.R.S. Employer Jurisdiction of Number) Identification Number) Incorporation) 515 East Amite Street Jackson, Mississippi 39201-2702 (Address of Principal Executive Office) Registrant's telephone number, including area code: (601) 360-8600 ================================================================================ 2 ITEM 5. OTHER EVENTS. On August 8, 1997 WorldCom, Inc. (the "Company") announced that it has exercised its option to accept all MFS Communications Company, Inc. ("MFS") notes validly tendered as of 5:00 p.m., New York city time, August 8, 1997 in its on-going Exchange Offers and Consent Solicitations. The Company also announced that it has received requisite consents from holders of notes of its MFS subsidiary to allow the Company to accept tenders prior to the expiration of the Exchange Offers and Consent Solicitations and thereby effect certain amendments to the respective indentures governing the notes. The expiration time of the Exchange Offers and Consent Solicitations is 5:00 p.m., New York city time, on August 19, 1997. Additionally, the Company announced that as of 5:00 p.m., New York city time, August 8, 1997, it had received valid tenders and consents from holders of approximately $680.9 million of principal amount at stated maturity, as of the date of their original issuance, of 9-3/8% Senior Discount Notes due January 15, 2004 of MFS (or approximately 86% of total outstanding), and from holders of approximately $690.1 million of principal amount at stated maturity, as of the date of their original issuance, of 8-7/8% Senior Discount Notes due January 15, 2006 of MFS (or approximately 76% of total outstanding). On August 8, 1997, the Company issued a press release relating to the initial acceptance in Exchange Offers and Consent Solicitations. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. ITEM 7 (c) EXHIBITS. The following exhibits are filed herewith in accordance with Item 601 of Regulation S-K: Exhibit No. Description ----------- ----------- 99.1 Press release dated August 8, 1997 announcing the initial acceptance in Exchange Offers and Consent Solicitations 2 3 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. WORLDCOM, INC. By: /s/ Scott D. Sullivan -------------------------------- Scott D. Sullivan Chief Financial Officer August 11, 1997 3 4 EXHIBIT INDEX Exhibit No. Description of Exhibit - ----------- ---------------------- 99.1 Press release dated August 8, 1997 announcing the initial acceptance in Exchange Offers and Consent Solicitations EX-99.1 2 PRESS RELEASE DATED AUGUST 8, 1997 1 EXHIBIT 99.1 [WORLD COM LOGO] NEWS RELEASE Contact: Investor Relations: Gary Brandt Media: Josh Howell 601-360-8544 601-360-8750 FOR IMMEDIATE RELEASE WORLDCOM, INC. ANNOUNCES INITIAL ACCEPTANCE IN EXCHANGE OFFERS AND CONSENT SOLICITATIONS Jackson, Mississippi, August 8, 1997 - WorldCom, Inc. (Nasdaq:WCOM) announced today that it has exercised its option to accept all MFS Communications Company, Inc. (MFS) notes validly tendered as of 5:00 p.m., New York City time, August 8, 1997 in its on-going Exchange Offers and Consent Solicitations. The Company said it has received requisite consents from holders of notes of its MFS subsidiary to allow the Company to accept tenders prior to the expiration of the Exchange Offers and Consent Solicitations and thereby effect certain amendments to the respective indentures governing the notes. The expiration time of the Exchange Offers and Consent Solicitations is 5:00 p.m., New York City time, on August 19, 1997. Specifically, as of 5:00 p.m., New York City time, August 8, 1997, WorldCom had received valid tenders and consents from holders of approximately $680.9 million of principal amount at stated maturity, as of the date of their original issuance, of 9-3/8% Senior Discount Notes due January 15, 2004 of MFS (or approximately 86% of total outstanding), and from holders of approximately $690.1 million of principal amount at stated maturity, as of the date of their original issuance, of 8-7/8% Senior Discount Notes due January 15, 2006 of MFS (or approximately 76% of total outstanding). As previously announced, WorldCom offered to exchange (i) $871.60 principal amount of its newly issued 9-3/8% Senior Notes due January 15, 2004 (CUSIP #98155K AD 4) for each $1,000 principal amount at stated maturity, as of the date of their original issuance, of outstanding 9-3/8% Senior Discount Notes due January 15, 2004 of MFS, properly tendered, and (ii) $737.91 principal amount of its newly issued 8-7/8% Senior Notes due January 15, 2006 (CUSIP #98155K AE 2) for each $1,000 principal amount at stated maturity, as of the date of their original issuance, of outstanding 8-7/8% Senior Discount Notes due January 15, 2006 of MFS, properly tendered. In connection with the Exchange Offers, the Company is also soliciting consents to certain amendments to the respective indentures governing the MFS notes. Both the Exchange Offers and the Consent Solicitations are upon the terms and subject to the conditions set forth in the prospectus, as supplemented, and letters of transmittal related to the Exchange Offers and the Consent Solicitations. 2 The Company plans to commence the payment of the consent fees and the settlement of the Exchange Offers with respect to accepted tenders and consents on or about August 13, 1997, or as soon as practicable thereafter. WorldCom is a global business telecommunications company. Operating in more than 50 countries, the Company is a premier provider of facilities-based and fully integrated local, long distance, international and Internet services. WorldCom subsidiary, UUNET Technologies, Inc., is the world's largest provider of Internet services. WorldCom's World Wide Web address is http://www.wcom.com. The common and depositary shares of WorldCom trade on the Nasdaq National Market (U.S.) under the symbol WCOM and WCOMP, respectively. The Exchange Offers and Consent Solicitations are made solely by the prospectus and consent solicitation dated July 3, 1997, as supplemented by a supplement dated August 5, 1997, the related letters of transmittal and consent, and any amendments or supplements thereto. Copies of the prospectus, as supplemented and transmittal materials can be obtained from MacKenzie Partners, Inc., the information agent for the Exchange Offers and Consent Solicitations, at the following address: MacKenzie Partners 156 Fifth Avenue New York, New York, 10010 (212) 929-5500 (collect) (800) 322-2885 (toll free) This announcement is neither an offer to purchase nor a solicitation of an offer to sell WorldCom notes or MFS notes. The Exchange Offers and Consent Solicitations are not being made to, nor will tenders be accepted from, or on behalf of, holders of MFS notes in any jurisdiction in which the making of the Exchange Offers and Consent Solicitations or the acceptance thereof would not be in compliance with the laws of such jurisdiction. In any jurisdiction where securities, blue sky laws or other laws require the Exchange Offers and Consent Solicitations to be made by a licensed broker or dealer, the Exchange Offers and Consent Solicitations will be deemed to be made on behalf of WorldCom by the dealer managers or one or more registered brokers or dealers licensed under the laws of such jurisdiction. -----END PRIVACY-ENHANCED MESSAGE-----