-----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, OviBpiKa+PIEFTwRtPrv2EkoCddYM0+ldPimfK1MRJvH+EK+HaF7YrFKWl6bUN6V bB6WT2q6B+Vo2Sl5CpP6Gw== 0000075641-96-000003.txt : 19960206 0000075641-96-000003.hdr.sgml : 19960206 ACCESSION NUMBER: 0000075641-96-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19960201 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19960205 SROS: NYSE SROS: PSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: PACIFIC BELL CENTRAL INDEX KEY: 0000075641 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 940745535 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01414 FILM NUMBER: 96511140 BUSINESS ADDRESS: STREET 1: 140 NEW MONTGOMERY ST CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 4155429000 FORMER COMPANY: FORMER CONFORMED NAME: PACIFIC TELEPHONE & TELEGRAPH CO DATE OF NAME CHANGE: 19840115 8-K 1 CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Form 8-K CURRENT REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 Date of Report: February 1, 1996 PACIFIC BELL A California Commission File I.R.S. Employer Corporation No. 1-1414 No. 94-0745535 140 New Montgomery Street, San Francisco, California 94105 Telephone Number (415) 542-9000 Form 8-K Pacific Bell February 1, 1996 Item 7. Financial Statement and Exhibits. (c) Exhibits: The exhibits listed below relate to Registration No. 33-49477 on Form S-3 of the registrant and are filed herewith for incorporation by reference in such Registration Statement. Exhibit Number Description ------- ----------- 1 Underwriting Agreement dated February 1, 1996 between Pacific Bell and the Underwriter in connection with the 5 7/8% Debentures due February 15, 2006 of Pacific Bell. 4 Form of certificate of 5 7/8% Debentures due February 15, 2006 of Pacific Bell. 2 Form 8-K Pacific Bell February 1, 1996 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 thereunto duly authorized. PACIFIC BELL By: /s/ Marie B. Washington ------------------------- Marie B. Washington Assistant Treasurer February 5, 1996 3 EXHIBIT INDEX The exhibits listed below relate to Registration No. 33-49477 on Form S-3 of the registrant and are filed herewith for incorporation by reference in such Registration Statement. Exhibit Number Description ------- ----------- 1 Underwriting Agreement dated February 1, 1996 between Pacific Bell and the Underwriters in connection with the 5 7/8% Debentures due February 15, 2006 of Pacific Bell. 4 Form of certificate of 5 7/8% Debentures due February 15, 2006 of Pacific Bell. 4 EX-1 2 UNDERWRITING AGREEMENT Exhibit 1 --------- UNDERWRITING AGREEMENT ---------------------- February 1, 1996 Pacific Bell 140 New Montgomery Street San Francisco, CA 94105 Ladies and Gentlemen: The undersigned understands that Pacific Bell, a California corporation (the "Company"), proposes to issue and sell its 5 7/8% Debentures due February 15, 2006 (the "Debentures") in the aggregate principal amount of $250,000,000. Subject to the terms and conditions set forth or incorporated by reference herein, the Company will sell, and the undersigned will purchase such principal amount of Debentures at a purchase price equal to 99.237% of the principal amount of the Debentures plus interest accrued thereon,if any, from the date of issuance of the Debentures to the date of payment for and delivery of the Debentures. The Debentures will be offered at a price to public equal to 99.637% of the principal amount of the Debentures plus interest, if any, accrued thereon from the date of issuance of the Debentures to the date of payment for and delivery of the Debentures. The Debentures will not be redeemable. The Company will deliver the Debentures to The Depository Trust Company ("DTC") for the account of the Underwriter against payment of the purchase price by Federal funds, for value, to the account of the Company at 10 A.M., New York time, on February 6, 1996, such time being referred to herein as the "Closing Date." The Debentures to be so delivered will be issued as fully- registered securities registered in the name of Cede & Co., the nominee of DTC. One or more fully-registered global Debentures representing the aggregate principal amount will be issued and delivered to DTC. The Company will make the Debentures available for checking and packaging at the office of First Trust of California or at another location acceptable to the Underwriter not later than 2 P.M., New York time, on the business day prior to the Closing Date. As used herein, "business day" means any day on which the New York Stock Exchange is open for trading. The Debentures shall have the terms set forth in the Indenture dated as of April 7, 1993, between the Company and First Trust of California, National Association, as Trustee, the Prospectus dated April 12, 1993 and the Prospectus Supplement dated February 1, 1996. 1 Except as otherwise provided herein, the provisions contained in the document entitled "Form of Underwriting Agreement Standard Provisions," filed on April 7, 1993 as Exhibit 1a to the Company's Registration Statement on Form S-3 (No. 33-49477), a copy of which is attached hereto (the "Standard Provisions") are incorporated herein. Please confirm your agreement by having an authorized officer of the Company sign this Agreement in the space set forth below and return the signed copy to the undersigned. This Agreement may be signed in any number of counterparts with the same effect as if the signatures thereto and hereto were upon the same instrument. Very truly yours, Salomon Brothers Inc. By: -------------------------- Timothy Davies Vice President The foregoing Agreement is hereby confirmed and accepted: PACIFIC BELL By: ---------------------------- Marie B. Washington Assistant Treasurer 2 EX-4 3 FORM OF CERTIFICATE EXHIBIT 4 --------- FORM OF CERTIFICATE ------------------- (FACE OF DEBENTURE) Unless this certificate is presented by an authorized representative of the Depository Trust Company, a New York corporation ("DTC"), to Issuer or its agent for registration of transfer, exchange, or payment, and any certificate issued is registered in the name of Cede & Co. or in such other name as is requested by an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL, inasmuch as the registered owner hereof, Cede & Co., has an interest herein. 5 7/8% DUE FEBRUARY 15, 2006 5 7/8% DUE FEBRUARY 15, 2006 REGISTERED REGISTERED Number RA ------------------------ ---------------------------- CUSIP # 694032 AX9 See reverse side for certain definitions PACIFIC*BELL A Pacific Telesis Company 5 7/8% DEBENTURE DUE FEBRUARY 15, 2006 Pacific Bell, a California corporation (herein referred to as the "Company"), for value received, hereby promises to pay to ______________________________, or registered assigns, the principal sum of ________________________________ _______________ DOLLARS at the office or agency of the Company in the City and County of San Francisco, State of California, on February 15, 2006 in such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts, and to pay interest, semiannually on August 15 and February 15 (provided, however, that the first payment of interest is due on August 15, 1996) on said principal sum at the rate per annum specified in the title of this Debenture, at said office or agency, in like coin or currency, from the fifteenth day of February or August, as the case may be, to which interest on Debentures has been paid preceding the date hereof (unless the date hereof is an August 15 or a February 15 to which interest has been paid, in which case from the date hereof, or unless the date hereof is prior to the first payment of interest, which is due on August 15, 1996, in which case from February 6, 1996) until payment of said principal sum has been made or duly provided for; provided, 1 however, that payment of interest may be made at the option of the Company by check or draft mailed to the address of the person entitled thereto at such address as shall appear on the Debenture register. Notwithstanding the foregoing, unless this Debenture shall be authenticated at a time when there is an existing default in the payment of interest on the Debentures, if the date hereof is after August 1 and before the next following August 15 or is after February 1 and before the next following February 15 this Debenture shall bear interest from such August 15 or February 15 (unless the date hereof is prior to the first payment of interest, which is due on August 15, 1996, in which case from February 6, 1996); provided, however, that if the Company shall default in the payment of interest due on such August 15 or February 15 then this Debenture shall bear interest from the next preceding February 15 or August 15, as the case may be. The interest so payable on any August 15 or February 15 will, subject to certain exceptions provided in the Indenture referred to on the reverse hereof, be paid to the person in whose name this Debenture shall be registered at the close of business on the August 1 prior to such August 15 or the February 1 prior to such February 15, unless such August 1 or February 1 shall not be a business day, in which event on the business day next preceding. Reference is hereby made to the further provisions of this Debenture set forth on the reverse hereof, and such further provisions shall for all purposes have the same effect as though fully set forth at this place. This Debenture shall not be valid or become obligatory for any purpose until the appropriate certificate of authentication hereon shall have been executed by or on behalf of the Trustee under the Indenture referred to on the reverse hereof. IN WITNESS WHEREOF, PACIFIC BELL HAS CAUSED THIS INSTRUMENT TO BE SIGNED BY ITS DULY AUTHORIZED OFFICERS AND HAS CAUSED ITS CORPORATE SEAL TO BE AFFIXED HEREUNTO OR IMPRINTED HEREON. PACIFIC BELL Dated: By CERTIFICATE OF AUTHENTICATION ------------------------ This is one of the Debentures described James S. Hamasaki in the within-mentioned Indenture. Vice President and FIRST TRUST OF CALIFORNIA, NATIONAL ASSOCIATION General Counsel as Trustee, By ------------------------ - --------------------------- Duane G. Henry Authorized Signature (SEAL) Assistant Secretary AGENCY FOR TRANSFER, EXCHANGE AND PAYMENT: FIRST TRUST OF CALIFORNIA, NATIONAL ASSOCIATION (SAN FRANCISCO, CALIFORNIA) 2 (REVERSE OF DEBENTURE) PACIFIC BELL This Debenture is one of a duly authorized series of an issue of debt securities (herein referred to as the "Securities") of the Company, designated as set forth on the face hereof (herein referred to as the "Debentures"). The Debentures are limited to the aggregate principal amount of $250,000,000, all issued or to be issued under and pursuant to an indenture dated as of April 7, 1993 (herein referred to as the "Indenture"), between the Company and First Trust of California, National Association, Trustee (herein referred to as the "Trustee"), to which Indenture and all indentures supplemental thereto reference is hereby made for a description of the rights, limitations of rights, obligations, duties and immunities thereunder of the Trustee, the Company and the holders (the words "holders" or "holder" meaning the registered holders or registered holder) of the Debentures. In case an Event of Default, as defined in the Indenture, shall have occurred and be continuing, the principal hereof may be declared, and upon such declaration shall become, due and payable in the manner, with the effect and subject to the conditions provided in the Indenture. The Indenture contains provisions permitting, subject to certain exceptions, the Indenture or the Securities to be amended or supplemented by the Company and the Trustee with the consent of the holders of a majority in principal amount of the outstanding Securities of each series affected by the amendment or supplement (with each series voting as a class), or compliance with any provision to be waived with the consent of the holders of a majority in principal amount of the outstanding Securities of each series affected by such waiver (with each series voting as a class). However, without the consent of each holder of Securities affected, an amendment or waiver may not (i) reduce the amount of each such series of Securities whose holders must consent to an amendment or waiver; (ii) reduce the rate of or change the time for payment of interest on any Security; (iii) reduce the principal of or change the fixed maturity of any Security; (iv) waive a default in the payment of the principal of or interest on any Security; (v) make any Security payable in money other than that stated in the Security; or (vi) impair the right to institute suit for the enforcement of any payment on or with respect to any Security. It is also provided in the Indenture that the holders of a majority in aggregate principal amount of any series of Securities at the time outstanding may, on behalf of the holders of all of the Securities of such series, waive any past default under the Indenture with respect to that series and its consequences, except a default in the payment of the principal of or interest on any of the Securities. Any such consent or waiver by the holder of any Security (unless revoked as provided in the Indenture) shall be conclusive and binding upon such holder and upon all future holders and owners of such Security and of any Security issued upon the transfer thereof or in exchange or substitution therefor, irrespective of whether or not any notation of such consent or waiver is made upon such Security or such other Security. 3 No reference herein to the Indenture and no provision of this Debenture or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of and interest on this Debenture at the places, at the respective times, at the rate and in the coin or currency herein prescribed. The Debentures are not redeemable. Upon due presentment for registration of transfer of this Debenture at the office or agency of the Company referred to on the face hereof, a new Debenture or Debentures, of authorized denominations, for a like aggregate principal amount, will be issued to the transferee as provided in the Indenture. No service charge shall be made for any such transfer, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto. Ownership of the Debentures shall be proved by the register for the Debentures kept at the above-mentioned office or agency of the Company. The Company, the Trustee and any agent of the Company may treat the person in whose name a Debenture is registered as the absolute owner thereof for all purposes. No recourse shall be had for the payment of the principal of or the interest on this Debenture or for any claim based hereon, or otherwise in respect hereof, or based on or in respect of the Indenture or any indenture supplemental thereto, against any incorporator, shareholder, officer or director, as such, past, present or future, of the Company or of any successor corporation, either directly or through the Company or any successor corporation, whether by virtue of any constitution, statute or rule of law or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance hereof and as part of the consideration for the issue hereof, expressly waived and released. The Debentures of this series are issuable only in registered form without coupons in denominations of $1,000 and any integral multiple thereof provided that this Global Debenture is exchangeable for Debentures in definitive form only under certain limited circumstances set forth in the Indenture. This Debenture shall be deemed a contract made under the laws of the State of California and for all purposes shall be governed by and construed in accordance with the laws of said State. ------------------------ 4 - ------------------------------------------------------------------------------ The following abbreviations shall be construed as though the words set forth below opposite each abbreviation were written out in full where such abbreviation appears: TEN COM - as tenants in common TEN ENT - as tenants by the entireties JT TEN - as joint tenants with right of survivorship and not as tenants in common (Name) CUST (Name) UNIF - (Name) as Custodian for (Name) GIFT MIN ACT (State) under the (State) Uniform Gifts to Minors Act Additional abbreviations may also be used though not in the above list. - ----------------------------------------------------------------------------- FOR VALUE RECEIVED, the undersigned sells, assigns and transfers unto ____________________________________________________________________________ PLEASE INSERT TAXPAYER-IDENTIFYING NUMBER OF ASSIGNEE ____________________________________________________________________________ PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE ____________________________________________________________________________ ____________________________________________________________________________ the within Debenture of PACIFIC BELL and hereby irrevocably constitutes and appoints _________________________________________________________________ Attorney to transfer said Debenture on the books of said Company. Dated _______________________________ ____________________________________________________________________________ THE SIGNATURE(S) TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME(S) AS WRITTEN UPON THE FACE OF THE DEBENTURE IN EVERY PARTICULAR WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATEVER. THE SIGNATURE(S) SHOULD BE GUARANTEED BY A BROKERAGE FIRM OR A FINANCIAL INSTITUTION THAT IS A MEMBER OF AN APPROVED MEDALLION PROGRAM, SUCH AS SECURITIES TRANSFER AGENTS MEDALLION PROGRAM (STAMP), STOCK EXCHANGES MEDALLION PROGRAM (SEMP) OR NEW YORK STOCK EXCHANGE, INC. MEDALLION SIGNATURE PROGRAM (MSP). 5 -----END PRIVACY-ENHANCED MESSAGE-----