-----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, NpUT5vT6zgkS9xvjL+BQnp1cjEA5mp2j7lrUrH4eAH0SyvMgiqhu0VRrygs+z3IM KV4kcJLsV4a7ePKtroMX9Q== 0000902561-95-000033.txt : 19950606 0000902561-95-000033.hdr.sgml : 19950606 ACCESSION NUMBER: 0000902561-95-000033 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19950601 ITEM INFORMATION: Other events FILED AS OF DATE: 19950605 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: INLAND STEEL INDUSTRIES INC /DE/ CENTRAL INDEX KEY: 0000790528 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 363425828 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09117 FILM NUMBER: 95545074 BUSINESS ADDRESS: STREET 1: 30 W MONROE ST CITY: CHICAGO STATE: IL ZIP: 60603 BUSINESS PHONE: 3128993917 MAIL ADDRESS: STREET 1: 30 WEST MONROE STREET STREET 2: 16TH FLOOR CITY: CHICAGO STATE: IL ZIP: 60603 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): June 1, 1995 INLAND STEEL INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Delaware 1-9117 36-3425828 (State of Commission File Number IRS Employer Incorporation) Identification No.) 30 West Monroe Street Chicago, Illinois 60603 (Address of principal executive offices) Zip Code (312) 346-0300 (Registrant's telephone number) - 2 - Item 5. Other Events. The Press Release dated June 1, 1995 attached hereto as an exhibit is incorporated herein by reference in answer to this Item 5. 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. INLAND STEEL INDUSTRIES, INC. Dated: June 5, 1995 By: /S/ David B. Anderson David B. Anderson Vice President - Corporate Development, General Counsel and Secretary EXHIBIT INDEX Exhibit Sequential Number Description Page Number _________ ___________ ___________ 99.1 Press Release dated June 1, 1995.... EX-99.1 2 Exhibit 99.1 INLAND STEEL INDUSTRIES TEMPORARILY POSTPONES EARLY REPURCHASE OF SERIES F PREFERRED STOCK FOR RELEASE JUNE 1, 1995 CHICAGO -- Inland Steel Industries, Inc., announced that it was temporarily postponing the early repurchase of its Series F redeemable preferred stock due to an increase in breakage fees. The increase in breakage fees is a result of the recent rally in the bond market. Series F is held 100 percent by Nippon Steel Corporation. In March, the company announced that its Board had authorized the repurchase of its Series F redeemable preferred stock. Series F is a voting preferred stock with face value of $185 million and an annual dividend rate of 9.48 percent. At the time of the Board authorization, the breakage fees associated with the early repurchase were approximately $10 million. Given today's interest rates, breakage fees have exceeded $13 million. Chicago-based Inland Steel Industries, Inc., is a materials management, logistics and technical services company that provides value-added steel products and materials related services to manufacturers in the automotive, appliance, furniture, equipment, electric motor and a wide variety of other industries. Its business units are: Inland Steel Company, the sixth largest U.S. steel producer, Inland Materials Distribution Group, Inc., the largest U.S. steel service center operation, comprised of Joseph T. Ryerson & Son, Inc., and J.M. Tull Metals Company, Inc., and Inland International, Inc. -----END PRIVACY-ENHANCED MESSAGE-----