-----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, VfKy8IB647Qk7I4wFbDjxAWDpn7BBDdLEKtazVALdKXqdw05PcJy5Cu907I3Lj47 Z0bXDary5GlJp0bT49W84Q== 0000072423-97-000004.txt : 19970314 0000072423-97-000004.hdr.sgml : 19970314 ACCESSION NUMBER: 0000072423-97-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970312 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19970313 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTEK INC CENTRAL INDEX KEY: 0000072423 STANDARD INDUSTRIAL CLASSIFICATION: AIR COND & WARM AIR HEATING EQUIP & COMM & INDL REFRIG EQUIP [3585] IRS NUMBER: 050314991 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06112 FILM NUMBER: 97555874 BUSINESS ADDRESS: STREET 1: 50 KENNEDY PLZ CITY: PROVIDENCE STATE: RI ZIP: 02903 BUSINESS PHONE: 4017511600 MAIL ADDRESS: STREET 1: 50 KENNEDY PLAZA CITY: PROVIDENCE STATE: RI ZIP: 02903 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): March 12, 1997 -------------- NORTEK, INC. - ---------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 1-6112 05-0314991 - ---------------------------------------------------------------- (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 50 Kennedy Plaza, Providence, RI 02903-2360 - ---------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number: (401) 751-1600 - ---------------------------------------------------------------- N/A - ---------------------------------------------------------------- (Former name or former address, if changed since last report) Item 5. Other Events. ------------ On March 12, 1997, Nortek, Inc. (the "Company") announced a $175,000,000 Rule 144A 9 1/4% Senior Notes offering scheduled for completion on March 17, 1997. The Company's press release announcing the pricing of the 1997 offering is attached as an exhibit hereto. Item 7. Financial Statements and Exhibits. --------------------------------- (c) Exhibits 1. Press Release dated March 12, 1997. SIGNATURE 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. NORTEK, INC. Dated: March 13, 1997 By: /s/Richard J. Harris -------------- ---------------------------- Vice President and Treasurer Exhibit 1 NORTEK NEWS =========== Contact: Richard L. Bready, Chairman & CEO Richard J. Harris, Vice President (401)751-1600 Release: IMMEDIATE NORTEK PRICES $175,000,000 OF SENIOR NOTES ------------------------------------------ PROVIDENCE, RI, March 12, 1997 -- Nortek, Inc. today announced that it has entered into an agreement to sell $175.0 million principal amount of 9 1/4 percent Senior Notes at a price of 99.422 percent of face value. The Notes will mature in March, 2007. The Senior Notes are being issued and sold in a private Rule 144A offering to institutional investors, which is expected to close on March 17, 1997. Nortek intends to use a portion of the net proceeds from the transaction to repay approximately $47.2 million of outstanding indebtedness of the Company's subsidiaries. "This offering substantially increases Nortek's capital and flexibility", said Nortek's Chairman and Chief Executive Officer, Richard L. Bready. "We plan to use the additional capital to fund acquisitions and for other general corporate purposes including investment in plant and equipment." The Senior Notes have not been registered under the Securities Act of 1933, as amended, or under the securities law of any state and may not be offered or sold in the United States or in any such state absent an applicable exemption from registration under the Securities Act and any such law. Nortek, Inc. (NYSE:NTK) manufactures and markets residential, commercial and industrial building products. March 13, 1997 SECURITIES AND EXCHANGE COMMISSION OFIS Filer Support, Mail Stop 0-7 SEC Operations Center 6432 General Green Way Alexandria, VA 22312-2413 Ladies and Gentlemen: Pursuant to Rules 101(a) and 309 of Regulation S-T submitted for filing is a Current Report on Form 8-K of Nortek, Inc. (the "Company") relating to the Company's offering of $175,000,000 Rule 144A 9 1/4% Senior Notes. By copy of this letter, three paper copies of the above- referenced Form 8-K Report are simultaneously being filed with the New York Stock Exchange. Very truly yours, /s/ Marvin H. Taylor ------------------------- NORTEK, INC. Associate General Counsel cc: New York Stock Exchange 20 Broad Street New York, NY 10005 (w/ three copies) Enclosures MHT:td -----END PRIVACY-ENHANCED MESSAGE-----