-----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, T+ESwnpdrWCpqgYWu7qFzHFVRHFP0p8HU/ZOTenvcTUemGOzAfdIBkqelf5xBbYe 6FEiKKTBfrCBpehrBRGnWg== 0000950135-04-003803.txt : 20040805 0000950135-04-003803.hdr.sgml : 20040805 20040805112854 ACCESSION NUMBER: 0000950135-04-003803 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040805 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040805 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTEK HOLDINGS INC CENTRAL INDEX KEY: 0000072423 STANDARD INDUSTRIAL CLASSIFICATION: MILLWOOD, VENEER, PLYWOOD & STRUCTURAL WOOD MEMBERS [2430] 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: 04953774 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 FORMER COMPANY: FORMER CONFORMED NAME: NORTEK INC DATE OF NAME CHANGE: 19920703 8-K 1 b51403n2e8vk.txt NORTEK HOLDINGS, INC. - -------------------------------------------------------------------------------- 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 5, 2004 Nortek Holdings, Inc. (Exact name of registrant as specified in charter) Delaware 1-6112 16-1638891 -------- ------ ---------- (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification No.)
50 Kennedy Plaza, Providence, Rhode Island 02903-2360 - ------------------------------------------ ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (401) 751-1600 - -------------------------------------------------------------------------------- ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE On August 5, 2004, Nortek Holdings, Inc.'s wholly owned subsidiary, Nortek, Inc., publicly announced plans to conduct an offering of up to $625.0 million of senior subordinated notes due 2014. The notes are expected to be issued and sold in a private Rule 144A offering to institutional investors and outside the United States in compliance with Regulation S under the Securities Act of 1933, as amended (the "Securities Act"). The notes will be initially offered by THL Buildco, Inc., a newly formed Delaware corporation affiliated with Thomas H. Lee Partners, L.P. The net proceeds from the offering, together with amounts borrowed under a new senior credit facility and the proceeds of a cash equity investment by an investor group lead by Thomas H. Lee Partners, L.P., will be used in connection with the acquisition of Nortek Holdings, Inc. by affiliates of Thomas H. Lee Partners, L.P. and members of Nortek management, to refinance certain existing notes of Nortek, Inc. and Nortek Holdings, Inc., and to pay related transaction costs. Through a series of mergers to be consummated immediately following the closing of the offering of the notes, Nortek, Inc. will succeed to THL Buildco, Inc.'s obligations as the issuer of the notes. A copy of this press release is attached as Exhibit 99.1 on this Form 8-K. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits 99.1 Press release, dated August 5, 2004. 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. NORTEK HOLDINGS, INC. By: /s/ Edward J. Cooney ---------------------------------- Name: Edward J. Cooney Title: Vice President and Treasurer Date: August 5, 2004 EXHIBIT INDEX
Exhibit No. Description of Exhibits - ----------- ----------------------- 99.1 Press release, dated August 5, 2004.
EX-99.1 2 b51403n2exv99w1.txt PRESS RELEASE, DATED AUGUST 5, 2004 Richard L. Bready, Chairman and CEO Edward J. Cooney, Vice President and Treasurer (401) 751-1600 IMMEDIATE NORTEK ANNOUNCES PROPOSED OFFERING OF SENIOR SUBORDINATED NOTES PROVIDENCE, RI, August 5, 2004 -- NORTEK, INC. ("NORTEK"), a leading international designer, manufacturer and marketer of high-quality branded building products, today announced plans to commence an offering of up to $625.0 million of senior subordinated notes due 2014. The notes are expected to be issued and sold in a private Rule 144A offering to institutional investors and outside the United States in compliance with Regulation S under the Securities Act of 1933, as amended (the "Securities Act"). The notes will be initially offered by THL Buildco, Inc., a newly formed Delaware corporation affiliated with Thomas H. Lee Partners, L.P. The net proceeds from the offering, together with amounts borrowed under a new senior secured credit facility and the proceeds of a cash equity investment by an investor group lead by Thomas H. Lee Partners, L.P., will be used in connection with the acquisition of NORTEK HOLDINGS, INC. by affiliates of Thomas H. Lee Partners, L.P. and members of NORTEK management, - M O R E - to refinance certain existing notes of NORTEK, INC. and NORTEK HOLDINGS, INC., and to pay related transaction costs. Through a series of mergers to be consummated immediately following the closing of the offering of the notes, NORTEK, INC. will succeed to THL Buildco, Inc.'s obligations as the issuer of the notes. This announcement is not an offer to sell nor a solicitation of an offer to buy the securities described herein. THL Buildco, Inc. is offering the notes in reliance upon exemptions from registration under the Securities Act for offers and sales of securities that do not involve a public offering. The securities to be offered have not been and will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. NORTEK* (a wholly owned subsidiary of NORTEK HOLDINGS, INC.) is a leading international manufacturer and distributor of high-quality, competitively priced building, remodeling and indoor environmental control products for the residential and commercial markets. NORTEK offers a broad array of products for improving the environments where people live and work. Its products include range hoods - P A G E 2 - and other spot ventilation products, heating and air conditioning systems, indoor air quality systems, and specialty electronic products. *As used herein, the term "NORTEK" refers to NORTEK, INC., together with its subsidiaries, unless the context indicates otherwise. This term is used for convenience only and is not intended as a precise description of any of the separate corporations, each of which manages its own affairs. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on Nortek's current plans and expectations and involve risks and uncertainties that could cause actual future activities and results of operations to be materially different from those set forth in the forward-looking statements. Important factors impacting such forward-looking statements include the availability and cost of raw materials and purchased components, the level of construction and remodeling activity, changes in general economic conditions, the rate of sales growth, and product liability claims. Nortek undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise. For further information, please refer to the reports and filings of Nortek with the Securities and Exchange Commission. # # #
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