-----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, TmSvct9ecKi/uy08Yhh4GW6+vQl4yp8mCMSoXOc1vwCAU5Vg5dG8WTJfIlYCo6u2 L+9KFpMksnvRoWSLLUymLQ== 0001299933-05-002621.txt : 20050601 0001299933-05-002621.hdr.sgml : 20050601 20050601104615 ACCESSION NUMBER: 0001299933-05-002621 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050601 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050601 DATE AS OF CHANGE: 20050601 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GREYHOUND LINES INC CENTRAL INDEX KEY: 0000813040 STANDARD INDUSTRIAL CLASSIFICATION: LOCAL & SUBURBAN TRANSIT & INTERURBAN HWY PASSENGER TRAINS [4100] IRS NUMBER: 860572343 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10841 FILM NUMBER: 05869338 BUSINESS ADDRESS: STREET 1: 15110 N DALLAS PKWY STE 600 CITY: DALLAS STATE: TX ZIP: 75248 BUSINESS PHONE: 9727897000 MAIL ADDRESS: STREET 1: 15110 N DALLAS PARKWAY STREET 2: SUITE 600 CITY: DALLAS STATE: TX ZIP: 75248 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SISTEMA INTERNACIONAL DE TRANSPORTE DE AUTOBUSES INC CENTRAL INDEX KEY: 0001041398 IRS NUMBER: 752548617 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-27267-08 FILM NUMBER: 05869341 BUSINESS ADDRESS: STREET 1: C/O GREYHOUND LINES INC STREET 2: 15110 NORTH DALLAS PARKWAY SUITE 600 CITY: DALLAS STATE: TX ZIP: 75248 BUSINESS PHONE: 9727897415 MAIL ADDRESS: STREET 1: C/O GREYHOUND LINES INC STREET 2: 15110 NORTH DALLAS PARKWAY SUITE 600 CITY: DALLAS STATE: TX ZIP: 75248 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GREYHOUND DE MEXICO SA DE CV CENTRAL INDEX KEY: 0001041396 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-27267-05 FILM NUMBER: 05869342 BUSINESS ADDRESS: STREET 1: C/O GREYHOUND LINES INC STREET 2: 15110 N DALLAS PKWY STE 600 CITY: DALLAS STATE: TX ZIP: 75248 BUSINESS PHONE: 9727897415 MAIL ADDRESS: STREET 1: C/O GREYHOUND LINES INC STREET 2: 15110 NORTH DALLAS PARKWAY SUITE 600 CITY: DALLAS STATE: TX ZIP: 75248 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GLI HOLDING CO CENTRAL INDEX KEY: 0000813041 STANDARD INDUSTRIAL CLASSIFICATION: LOCAL & SUBURBAN TRANSIT & INTERURBAN HWY PASSENGER TRAINS [4100] IRS NUMBER: 752146309 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-27267-04 FILM NUMBER: 05869343 BUSINESS ADDRESS: STREET 1: C/O GREYHOUND LINES INC STREET 2: 15110 NORTH DALLAS PARKWAY SUITE 600 CITY: DALLAS STATE: TX ZIP: 75248 BUSINESS PHONE: 9727987415 MAIL ADDRESS: STREET 1: C/O GREYHOUND LINES STREET 2: 15110 NORTH DALLAS PARKWAY SUITE 600 CITY: DALLAS STATE: TX ZIP: 75248 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TEXAS NEW MEXICO & OKLAHOMA COACHES INC CENTRAL INDEX KEY: 0001041400 IRS NUMBER: 750605295 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-27267-10 FILM NUMBER: 05869345 BUSINESS ADDRESS: STREET 1: 1313 13TH STREET STREET 2: 15110 NORTH DALLAS PARKWAY SUITE 600 CITY: LUBBOCK STATE: TX ZIP: 79408 BUSINESS PHONE: 9727897415 MAIL ADDRESS: STREET 1: C/O GREYHOUND LINES INC STREET 2: 15110 NORTH DALLAS PARKWAY SUITE 600 CITY: DALLAS STATE: TX ZIP: 75248 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ATLANTIC GREYHOUND LINES OF VIRGINIA INC CENTRAL INDEX KEY: 0001041393 IRS NUMBER: 580869571 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-27267-01 FILM NUMBER: 05869344 BUSINESS ADDRESS: STREET 1: C/O GREYHOUND LINES INC STREET 2: 15110 NORTH DALLAS PARKWAY SUITE 600 CITY: DALLAS STATE: TX ZIP: 75248 BUSINESS PHONE: 9727897415 MAIL ADDRESS: STREET 1: C/O GREYHOUND LINES INC STREET 2: 15110 NORTH DALLAS PARKWAY SUITE 600 CITY: DALLAS STATE: TX ZIP: 75248 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TNM & O TOURS INC CENTRAL INDEX KEY: 0001041401 IRS NUMBER: 751188694 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-27267-11 FILM NUMBER: 05869340 BUSINESS ADDRESS: STREET 1: C/O GREYHOUND LINES INC STREET 2: 1313 13TH CITY: LUBBOCK STATE: TX ZIP: 79408 BUSINESS PHONE: 9727897415 MAIL ADDRESS: STREET 1: C/O GREYHOUND LINES INC STREET 2: 15110 NORTH DALLAS PARKWAY SUITE 600 CITY: DALLAS STATE: TX ZIP: 75248 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VERMONT TRANSIT CO INC CENTRAL INDEX KEY: 0001041402 IRS NUMBER: 030164980 STATE OF INCORPORATION: VT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-27267-12 FILM NUMBER: 05869339 BUSINESS ADDRESS: STREET 1: 345 PINE STREET CITY: BURLINGTON STATE: VT ZIP: 05401 BUSINESS PHONE: 9727897415 MAIL ADDRESS: STREET 1: C/O GREYHOUND LINES INC STREET 2: 15110 NORTH DALLAS PARKWAY SUITE 600 CITY: DALLAS STATE: TX ZIP: 75248 8-K 1 htm_5024.htm LIVE FILING Greyhound Lines, Inc. (Form: 8-K)  

 

UNITED STATES
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, 2005

Greyhound Lines, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 1-10841 86-0572343
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
15110 N. Dallas Parkway, Suite 600, Dallas, Texas   75248
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   972-789-7000

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Atlantic Greyhound Lines of Virginia, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Virginia 333-27267-01 58-0869571
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
C/O Greyhound Lines, Inc., 15110 N. Dallas Parkway, Suite 600Dallas, Texas   75248
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (972) 789-7000

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

GLI Holding Company
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 333-27267-04 75-2146309
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
C/O Greyhound Lines, Inc., 15110 N. Dallas Parkway, Suite 600Dallas, Texas   75248
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (972) 789-7000

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Greyhound de Mexico, S.A. de C.V.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Texas 333-27267-05 None
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
C/O Greyhound Lines, Inc., 15110 N. Dallas Parkway, Suite 600Dallas, Texas   75248
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (972) 789-7000

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Sistema Internacional de Transporte de Autobuses, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 333-27267-08 75-2548617
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
350N. St. Paul Street, 10th Floor, Dallas, Texas   75201
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (214) 849-8616

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Texas, New Mexico & Oklahoma Coaches, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 333-27267-10 75-0605295
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
1313 13th Street, Lubbock, Texas   79408
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (806) 763-5389

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

T.N.M. & O. Tours, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Texas 333-27267-11 75-1188694
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
1313 13th Street, Lubbock, Texas   79408
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (806) 763-5389

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Vermont Transit Co., Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Vermont 333-27267-12 03-0164980
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
345 Pine Street, Burlington, Vermont   05401
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (802) 862-9671

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01. Regulation FD Disclosure.

On June 1, 2005, Laidlaw International, Inc. ("Laidlaw"), Parent company of Greyhound Lines, Inc. and subsidiaries ("Greyhound"), issued a press release announcing, among other things, a comprehensive plan to recapitalize Laidlaw’s balance sheet. The plan includes commencement of a cash tender offer for all of Laidlaw’s outstanding 10¾% senior notes due 2011, the redemption at a future date of Greyhound’s $150 million 11 ½% senior notes due 2007, the redemption at a future date of Greyhound’s approximately $5 million 8 ½ % convertible debentures due 2007 and the replacement of Laidlaw’s current revolving credit facility. The new Laidlaw revolving credit facility is intended to provide seasonal and interim borrowings to Laidlaw and its subsidiaries, including Greyhound. In connection with this new Laidlaw credit facility, Laidlaw intends to assume the positions of Greyhound’s current senior lenders under Greyhound’s existing revolving credit f acility. Successful completion of the transactions described above and in the press release are subject to a number of risks, uncertainties and assumptions, which are set forth in more detail in the press release. There can be no assurance that any of these transactions will be consummated. A copy of the press release is furnished as a part of this current report on Form 8-K as Exhibit 99.1 and is incorporated herein in its entirety by reference.

Except for historical information contained herein, the statements made in this Form 8-K constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve certain risks and uncertainties, including statements regarding the intent, belief or current expectations of Greyhound regarding Greyhound’s prospects and future results. Certain factors may cause actual results to differ materially from those contained in the forward-looking statements, including economic and other conditions in the markets in which Greyhound operates, and other risks discussed in Greyhound’s filings with the Securities and Exchange Commission from time to time.





Item 9.01. Financial Statements and Exhibits.

(c) Exhibits

99.1 Press Release dated June 1, 2005 issued by Laidlaw International, Inc.





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.

         
    Greyhound Lines, Inc.
          
June 1, 2005   By:   Cheryl W. Farmer
       
        Name: Cheryl W. Farmer
        Title: Senior Vice President - Finance and Treasurer
         
    Atlantic Greyhound Lines of Virginia, Inc.
          
June 1, 2005   By:   Cheryl W. Farmer
       
        Name: Cheryl W. Farmer
        Title: Senior Vice President - Finance and Treasurer
         
    GLI Holding Company
          
June 1, 2005   By:   Cheryl W. Farmer
       
        Name: Cheryl W. Farmer
        Title: Senior Vice President - Finance and Treasurer
         
    Greyhound de Mexico, S.A. de C.V.
          
June 1, 2005   By:   William J. Gieseker
       
        Name: William J. Gieseker
        Title: Examiner
         
    Sistema Internacional de Transporte de Autobuses, Inc.
          
June 1, 2005   By:   Cheryl W. Farmer
       
        Name: Cheryl W. Farmer
        Title: Senior Vice President - Finance and Treasurer
         
    Texas, New Mexico & Oklahoma Coaches, Inc.
          
June 1, 2005   By:   Cheryl W. Farmer
       
        Name: Cheryl W. Farmer
        Title: Senior Vice President - Finance and Treasurer
         
    T.N.M. & O. Tours, Inc.
          
June 1, 2005   By:   Cheryl W. Farmer
       
        Name: Cheryl W. Farmer
        Title: Senioer Vice President - Finanace and Treasurer
         
    Vermont Transit Co., Inc.
          
June 1, 2005   By:   Cheryl W. Farmer
       
        Name: Cheryl W. Farmer
        Title: Senior Vice President - Finance and Treasurer

Exhibit Index


     
Exhibit No.   Description
 
99.1
  99.1 Press Release dated June 1, 2005 issued by Laidlaw International, Inc.
EX-99.1 2 exhibit1.htm EX-99.1 EX-99.1

LAIDLAW INTERNATIONAL TRANSFORMS BALANCE SHEET

NAPERVILLE, Ill., June 1, 2005 — Laidlaw International, Inc. (NYSE: LI), a holding company for North America’s largest provider of school and inter-city transport and public transit services, today announced a comprehensive plan to recapitalize its balance sheet. The company anticipates using proceeds from a new bank facility and cash on hand to retire the existing public debt of approximately $560 million issued by Laidlaw and Greyhound Lines, Inc., a wholly-owned subsidiary.

The plan includes:

  •   Commencement of a cash tender and solicitation offer for Laidlaw $404 million 10.75% senior notes due 2011;

  •   Redemption of Greyhound Lines $150 million 11.5% notes due 2007;

  •   Redemption of Greyhound Lines $5 million 8.5% convertible debentures due 2007; and

  •   Replacement of Laidlaw’s current revolving credit facility with a $600 million senior credit facility comprised of:

— $300 million term loan; and

— New revolving credit facility for up to $300 million replacing Laidlaw’s $200 million revolving credit facility.

The new revolving credit facility is intended to provide seasonal and interim borrowings for Laidlaw International, Inc. and its subsidiaries, including Greyhound Lines. Upon completion of the new revolver, Laidlaw intends to assume the positions of Greyhound’s senior lenders.

“The sale of the healthcare companies earlier in the year enabled us to focus on Laidlaw’s core transportation businesses, while also substantially strengthening the balance sheet,” said Kevin Benson, President and Chief Executive Officer of Laidlaw. “The transactions that we are outlining today take advantage of that strength to further improve our financial position and our profitability over the next several years. Completion of our financing plans will significantly reduce the cost of our debt and put to work the cash we generated with the healthcare sale,” added Benson.

Laidlaw International plans to launch a new $600 million senior credit facility consisting of a $300 million term loan maturing 2010 and a $300 million revolving credit facility. Citigroup Global Markets Inc. and UBS Securities LLC have been chosen to be joint lead arrangers of the facility.

The tender offer and consent solicitation for Laidlaw’s $404 million 10.75% senior notes is being made solely by means of an Offer to Purchase and Consent Solicitation Statement which has been prepared by Laidlaw in connection with the tender offer. The consent solicitation requests consent from noteholders to eliminate substantially all of the restrictive covenants in the indenture. The details of the tender offer and the consent solicitation for the Laidlaw senior notes are presented in a separate release that was issued today. Additionally, Laidlaw today filed the associated Offer to Purchase and Consent Solicitation Statement with the Securities and Exchange Commission on a form 8-K.

This announcement is not an offer to purchase or a solicitation of an offer to sell the Laidlaw senior notes or any other security or a notice of redemption for the Greyhound senior notes or any other security. Completion of the transactions described in this release is subject to a number of conditions, including but not limited to the successful negotiation and execution of the credit agreement and documents for the new credit facility, an agreement with the senior lenders’ of Greyhound’s revolving credit facility, obtaining consents of a majority of the holders of the Laidlaw 10.75% senior notes to amend the indenture and market conditions. As such, there can be no assurance that any of these transactions will be consummated.

Forward-looking statement
Certain statements contained in this press release, including statements that are not historical facts, may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include information about possible or assumed future events and usually contain words such as: believes, may, anticipates, intends, expects, estimates, and other similar expressions. Such statements involve certain risks, uncertainties and assumptions that may change at any time. Therefore, actual results may differ materially from expected results due to a variety of factors, including, but not limited to, successful syndication of the loans, execution of a credit agreement that is satisfactory to all parties, and obtaining consents of a majority of holders of the Laidlaw 10.75% notes, as well as the additional factors which are reflected in the annual report on Form 10-K of Laidlaw International for the year ended August 31, 2004, and as may be detailed in the company’s other filings, from time to time, with the Securities and Exchange Commission. In the light of these risks and uncertainties you are cautioned not to place undue reliance on these forward-looking statements. The company undertakes no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.

Laidlaw International, Inc. is a holding company for North America’s largest providers of school and inter-city bus transport and public transit services. The company’s businesses operate under the brands: Laidlaw Education Services, Greyhound Lines, Greyhound Canada and Laidlaw Transit. The company’s shares trade on the New York Stock Exchange (NYSE: LI). For more information on Laidlaw International, visit the website: www.laidlaw.com.

Greyhound is the largest North American provider of intercity bus transportation, providing 19,000 daily departures across the continent. The company also provides Greyhound PackageXpress in the United States and Greyhound Courier Service in Canada, as well as Greyhound Travel Services including: vacation packages, charters, sightseeing and shore services. In the U.S., for fare and schedule information and to buy tickets call 1-800-231-2222 or visit the Web site at www.greyhound.com. In Canada, for fare and schedule information call 1-800-661-8747 or visit the Web site at www.greyhound.ca.

Contact:
Sarah Lewensohn
Director, Investor Relations
(630) 848-3120

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