-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, LIXVT3VhawARRUndRANEEMxlO4j5MJEEhZG57KnX4IqHVfGhuMk1DBl7Nvs5Hvdx EH+o+Ja+XuVlWxO8243pkg== 0000950103-95-000072.txt : 19950515 0000950103-95-000072.hdr.sgml : 19950515 ACCESSION NUMBER: 0000950103-95-000072 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 19950214 SROS: NONE GROUP MEMBERS: CIGNA CORPORATION GROUP MEMBERS: CIGNA PROPERTY AND CASUALTY INSURANCE COMPANY GROUP MEMBERS: CONNECTICUT GENERAL LIFE INSURANCE COMPANY GROUP MEMBERS: MORGAN STANLEY GROUP INC /DE/ GROUP MEMBERS: MORGAN STANLEY GROUP INC. GROUP MEMBERS: MORGAN STANLEY LEVERAGED MEZZANINE FUND, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: STERLING CHEMICALS INC CENTRAL INDEX KEY: 0000795662 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 760185186 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40034 FILM NUMBER: 95510598 BUSINESS ADDRESS: STREET 1: 1200 SMITH ST, SUITE 1900 CITY: HOUSTON STATE: TX ZIP: 77002-4312 BUSINESS PHONE: 7136503700 MAIL ADDRESS: STREET 1: 1200 SMITH ST SUITE 1900 CITY: HOUSTON STATE: TX ZIP: 77002-4312 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MORGAN STANLEY GROUP INC /DE/ CENTRAL INDEX KEY: 0000789625 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 132838811 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1251 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 2127034000 SC 13G/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2) Sterling Chemicals, Inc. (Name of Issuer) Common Stock, $0.01 par value (Title of Class of Securities) 858903 10 7 (CUSIP Number) Check the following box if a fee is being paid with this statement: [ ] (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosure provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of __ ______________________________ ________________________________ | | | | |CUSIP No. 858903 10 7 | 13G | Page 2 of ______ Pages | |____________________________| |______________________________| ___________________________________________________________________________ | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | Morgan Stanley Group Inc. | | | 13-2838811 | |____|____________________________________________________________________| | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | | | _ | | | (a) |X| | | | - | | | _ | | | (b) |_| | | | | |____|____________________________________________________________________| | 3 | SEC USE ONLY | | | | |____|____________________________________________________________________| | 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | Delaware | |____|____________________________________________________________________| | | 5 | SOLE VOTING POWER | | | | -0- | | NUMBER OF |____|_______________________________________________| | SHARES | 6 | SHARED VOTING POWER | | BENEFICIALLY | | -0- | | OWNED BY |____|_______________________________________________| | EACH | 7 | SOLE DISPOSITIVE POWER | | REPORTING | | 57,700 | | PERSON |____|_______________________________________________| | WITH | 8 | SHARED DISPOSITIVE POWER | | | | -0- | |____________________|____|_______________________________________________| | 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | 57,700 | |____|____________________________________________________________________| | 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ | | | CERTAIN SHARES* |_| | |____|____________________________________________________________________| | 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | <1 | |____|____________________________________________________________________| | 12 | TYPE OF REPORTING PERSON* | | | CO | |____|____________________________________________________________________| *SEE INSTRUCTIONS BEFORE FILLING OUT! ______________________________ ________________________________ | | | | |CUSIP No. 858903 10 7 | 13G | Page 3 of ______ Pages | |____________________________| |______________________________| ___________________________________________________________________________ | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | The Morgan Stanley Leveraged Mezzanine Fund, L.P. | | | 13-3284523 | |____|____________________________________________________________________| | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | | | _ | | | (a) |X| | | | - | | | _ | | | (b) |_| | | | | |____|____________________________________________________________________| | 3 | SEC USE ONLY | | | | |____|____________________________________________________________________| | 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | Delaware | |____|____________________________________________________________________| | | 5 | SOLE VOTING POWER | | | | -0- | | NUMBER OF |____|_______________________________________________| | SHARES | 6 | SHARED VOTING POWER | | BENEFICIALLY | | -0- | | OWNED BY |____|_______________________________________________| | EACH | 7 | SOLE DISPOSITIVE POWER | | REPORTING | | -0- | | PERSON |____|_______________________________________________| | WITH | 8 | SHARED DISPOSITIVE POWER | | | | -0- | |____________________|____|_______________________________________________| | 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | -0- | |____|____________________________________________________________________| | 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ | | | CERTAIN SHARES* |_| | |____|____________________________________________________________________| | 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | -0- | | | | |____|____________________________________________________________________| | 12 | TYPE OF REPORTING PERSON* | | | PN | |____|____________________________________________________________________| *SEE INSTRUCTIONS BEFORE FILLING OUT! ______________________________ ________________________________ | | | | |CUSIP No. 858903 10 7 | 13G | Page 4 of ______ Pages | |____________________________| |______________________________| ___________________________________________________________________________ | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | CIGNA Corporation | | | 06-1059331 | |____|____________________________________________________________________| | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | | | _ | | | (a) |X| | | | - | | | _ | | | (b) | | | | | | |____|____________________________________________________________________| | 3 | SEC USE ONLY | | | | |____|____________________________________________________________________| | 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | Delaware | |____|____________________________________________________________________| | | 5 | SOLE VOTING POWER | | | | -0- | | NUMBER OF |____|_______________________________________________| | SHARES | 6 | SHARED VOTING POWER | | BENEFICIALLY | | -0- | | OWNED BY |____|_______________________________________________| | EACH | 7 | SOLE DISPOSITIVE POWER | | REPORTING | | -0- | | PERSON |____|_______________________________________________| | WITH | 8 | SHARED DISPOSITIVE POWER | | | | -0- | |____________________|____|_______________________________________________| | 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | -0- | |____|____________________________________________________________________| | 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ | | | CERTAIN SHARES* |_| | |____|____________________________________________________________________| | 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | -0- | | | | |____|____________________________________________________________________| | 12 | TYPE OF REPORTING PERSON* | | | HC | |____|____________________________________________________________________| *SEE INSTRUCTIONS BEFORE FILLING OUT! ______________________________ ________________________________ | | | | |CUSIP No. 858903 10 7 | 13G | Page 5 of ______ Pages | |____________________________| |______________________________| ___________________________________________________________________________ | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | Connecticut General Life Insurance Company | | | 06-0303370 | |____|____________________________________________________________________| | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | | | _ | | | (a) |X| | | | - | | | _ | | | (b) |_| | | | | |____|____________________________________________________________________| | 3 | SEC USE ONLY | | | | |____|____________________________________________________________________| | 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | Connecticut | |____|____________________________________________________________________| | | 5 | SOLE VOTING POWER | | | | -0- | | NUMBER OF |____|_______________________________________________| | SHARES | 6 | SHARED VOTING POWER | | BENEFICIALLY | | -0- | | OWNED BY |____|_______________________________________________| | EACH | 7 | SOLE DISPOSITIVE POWER | | REPORTING | | -0- | | PERSON |____|_______________________________________________| | WITH | 8 | SHARED DISPOSITIVE POWER | | | | -0- | |____________________|____|_______________________________________________| | 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | -0- | |____|____________________________________________________________________| | 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ | | | CERTAIN SHARES* |_| | |____|____________________________________________________________________| | 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | -0- | | | | |____|____________________________________________________________________| | 12 | TYPE OF REPORTING PERSON* | | | IC | |____|____________________________________________________________________| *SEE INSTRUCTIONS BEFORE FILLING OUT! ______________________________ ________________________________ | | | | |CUSIP No. 858903 10 7 | 13G | Page 6 of ______ Pages | |____________________________| |______________________________| ___________________________________________________________________________ | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | CIGNA Property and Casualty Insurance Company | | | 06-0237820 | |____|____________________________________________________________________| | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | | | _ | | | (a) |X| | | | - | | | _ | | | (b) |_| | | | | |____|____________________________________________________________________| | 3 | SEC USE ONLY | | | | |____|____________________________________________________________________| | 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | Connecticut | |____|____________________________________________________________________| | | 5 | SOLE VOTING POWER | | | | -0- | | NUMBER OF |____|_______________________________________________| | SHARES | 6 | SHARED VOTING POWER | | BENEFICIALLY | | -0- | | OWNED BY |____|_______________________________________________| | EACH | 7 | SOLE DISPOSITIVE POWER | | REPORTING | | -0- | | PERSON |____|_______________________________________________| | WITH | 8 | SHARED DISPOSITIVE POWER | | | | -0- | |____________________|____|_______________________________________________| | 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | -0- | |____|____________________________________________________________________| | 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ | | | CERTAIN SHARES* |_| | |____|____________________________________________________________________| | 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | -0- | | | | |____|____________________________________________________________________| | 12 | TYPE OF REPORTING PERSON* | | | IC | |____|____________________________________________________________________| *SEE INSTRUCTIONS BEFORE FILLING OUT! Item 1(a). Name of Issuer. Sterling Chemicals, Inc. (the "Company") Item 1(b). Address of Issuer's Principal Executive Offices. 1200 Smith Street Suite 1900 Houston, TX 77042-4312 Item 2(a). Name of Person Filing. CIGNA Corporation ("CIGNA") Connecticut General Life Insurance Company ("Connecticut General") CIGNA Property and Casualty Insurance Company ("CIGNA Property") Morgan Stanley Group Inc. ("Morgan Stanley") The Morgan Stanley Leveraged Mezzanine Fund, L.P. (the "Fund") In accordance with Rule 13d-1(f)(1) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), each person filing this statement acknowledges that it is responsible for the completeness and accuracy of the information concerning that person but is not responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. Item 2(b). Address of Principal Business Office or, if None, Residence. The address of the principal business and principal office of each of Morgan Stanley and the Fund is 1251 Avenue of the Americas, New York, New York 10020. The address of CIGNA is One Liberty Place, Philadelphia, Pennsylvania 19192. The address of Connecticut General is 900 Cottage Grove Road, Bloomfield, Connecticut 06002. The address of CIGNA Property is Two Liberty Place, Philadelphia, PA 19192. Item 2(c). Citizenship. Each of the persons filing this statement is a corporation or limited partnership organized under the laws of a state of the United States. Item 2(d). Title of Class of Securities. This statement relates to the Company's Common Stock, $.01 par value per share. Item 2(e). CUSIP Number. 858903 10 7 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: _ (a) |_| Broker or dealer registered under Section 15 of the Act, _ (b) |_| Bank as defined in Section 3(a)(6) of the Act, _ (c) |_| Insurance Company as defined in Section 3(a)(19) of the Act, _ (d) |_| Investment Company registered under Section 8 of the Investment Company Act, _ (e) |_| Investment Advisor registered under Section 203 of the Investment Advisers Act of 1940, _ (f) |_| Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F), _ (g) |_| Parent Holding Company, in accordance with Section 240.13d-1(b)(1)(ii)(G) (Note: See Item 7), _ (h) |_| Group, in accordance with Section 240.13d-1(b)(1)(ii)(H). Not applicable. Item 4. Ownership. (a) Amount Beneficially Owned: No shares of Common Stock are beneficially owned by the group. Morgan Stanley holds 57,700 shares of Common Stock for clients over which it exercises investment discretion. Such shares represent less than 1% of the outstanding Common Stock based on the 55,673,991 shares of Common Stock reported to be outstanding in the Company's report on Form 10-K filed for the fiscal year ended September 30, 1994. (b) Percent of Class -0- (c) Deemed Voting Power and Disposition Power Deemed to have Deemed to have Deemed to have Deemed to have sole power to shared power to sole power to shared power to dispose or to dispose or to vote or to direct vote or to direct direct the direct the the vote the vote disposition disposition ----------------- ----------------- --------------- ---------------- Morgan Stanley Group Inc. -0- -0- 57,700 -0- The Morgan Stanley Leveraged Mezzanine -0- -0- -0- -0- Fund, L.P. Connecticut General -0- -0- -0- -0- CIGNA Corporation -0- -0- -0- -0- CIGNA Property -0- -0- -0- -0-
Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following |X|. Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. See Exhibit A. Item 8. Identification and Classification of Members of the Group. See Exhibit B. Item 9. Notice of Dissolution of Group. All shares of Common Stock owned by the group were sold during 1994, resulting in the termination of the group. All further filings with respect to transactions in or ownership of the Company's Common Stock will be filed, if required, by members of the group in their individual capacities. Item 10. Certification. Not applicable. SIGNATURES After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: February 14, 1995 MORGAN STANLEY GROUP INC. /s/ PETER R. VOGELSANG By:____________________________ Name: Peter R. Vogelsang Title: Authorized Secretary THE MORGAN STANLEY LEVERAGED MEZZANINE FUND, L.P. By Morgan Stanley Leveraged Capital Fund, Inc., as general partner /s/ PETER R. VOGELSANG By:____________________________ Name: Peter R. Vogelsang Title: Secretary CIGNA CORPORATION /s/ DAVID C. KOPP By:____________________________ Name: David C. Kopp Title: Assistant Corporate Secretary CONNECTICUT GENERAL LIFE INSURANCE COMPANY /s/ DAVID C. KOPP By:____________________________ Name: David C. Kopp Title: Assistant Corporate Secretary CIGNA PROPERTY AND CASUALTY INSURANCE COMPANY /s/ DAVID C. KOPP By:____________________________ Name: David C. Kopp Title: Assistant Corporate Secretary Attention: Intentional misstatements or omissions of fact constitute Federal Criminal violations (see 18 U.S.C. 10001). Index of Exhibits ----------------- Page ---- Exhibit 99.A Identification of Parent Holding Companies Pursuant to Item 7 Exhibit 99.B Identification of Members of the Group Pursuant to Item 8 Exhibit 99.C Secretary's Certificate
EX-99.A 2 Exhibit A Identification of Parent Holding Companies Pursuant to Item 7 CIGNA is the parent holding company of Connecticut General and CIGNA Property. Morgan Stanley Leveraged Capital Fund, Inc., an indirect wholly owned subsidiary of Morgan Stanley Group, and CIGNA Funding Limited Partnership ("Funding") are general partners of the Fund. CIGNA Leveraged Capital Fund, Inc., an indirect wholly owned subsidiary of CIGNA, is the sole general partner of Funding. EX-99.B 3 Exhibit B Identification of Members of the Group Pursuant to Item 8 CIGNA Corporation Connecticut General Life Insurance Company CIGNA Property and Casualty Insurance Company Morgan Stanley Group Inc. Morgan Stanley Leveraged Mezzanine Fund EX-99.C 4 MORGAN STANLEY SECRETARY'S CERTIFICATE ----------------------- I, Charlene, R. Herzer, a duly elected and acting Assistant Secretary of Morgan Stanley Group Inc., a corporation organized and existing under the laws of the State of Delaware (the "Corporation"), certify that the following resolutions were duly and validly adopted by a Consent in Lieu of a Meeting of the Executive Committee of the Board of Directors of the Corporation dated as of March 28, 1994 and that such resolutions are in full force and effect on the date hereof. RESOLVED, that Peter R. Vogelsang is authorized and directed to sign on behalf of the Corporation any forms, reports, schedules or filings required to be filed by the Corporation with any government or regulatory agency in connection with the making, holding or disposing of any investments managed by the Merchant Banking Division of the Corporation, such authorization to cease automatically upon termination of his employment with Morgan Stanley & Co. Incorporated; and RESOLVED FURTHER, that any actions heretofore taken by Peter R. Vogelsang in connection with the responsibilities noted in the preceding resolution are confirmed, approved and ratified. RESOLVED, that any and all actions to be taken, caused to be taken or heretofore taken by any officer of the Corporation in executing any and all documents, agreements and instruments and in taking any and all steps (including the payment of all expenses) deemed by such officer as necessary or desirable to carry out the intents and purposes of the foregoing resolutions are authorized, ratified and confirmed. IN WITNESS WHEREOF, I have hereunto set my name and affixed the seal of the Corporation as of the 10th day of February, 1995. /s/ CHARLENE R. HERZER ------------------------- Charlene R. Herzer Assistant Secretary [SEAL]
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