-----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, Ph8H9+KZWHsV2l7+VPIXabdgPI3VSFd0I5lFjkHfbm+pV9PgyN0xXs8JZImSEqB1 kwISQMRElenfeUhU10sI6A== 0000896058-97-000121.txt : 19970522 0000896058-97-000121.hdr.sgml : 19970522 ACCESSION NUMBER: 0000896058-97-000121 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970521 ITEM INFORMATION: Other events FILED AS OF DATE: 19970521 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: SILGAN HOLDINGS INC CENTRAL INDEX KEY: 0000849869 STANDARD INDUSTRIAL CLASSIFICATION: FABRICATED STRUCTURAL METAL PRODUCTS [3440] IRS NUMBER: 061269834 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22117 FILM NUMBER: 97612629 BUSINESS ADDRESS: STREET 1: 4 LANDMARK SQ CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 2039757110 8-K 1 FORM 8-K 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): May 21, 1997 SILGAN HOLDINGS INC. (Exact name of registrant as specified in its charter) Delaware 000-22117 06-1269834 - --------------- ---------------------- -------------------- (State or other (Commission File Number) (IRS Employer jurisdiction of Identification No.) incorporation) 4 Landmark Square, Stamford, Connecticut 06901 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (203) 975-7110 Item 5: Other Events. No later than June 16, 1997, Silgan Holdings Inc. ("Holdings" and, together with its subsidiaries, the "Company") intends to exchange its outstanding 13-1/4% Exchangeable Preferred Stock Mandatorily Redeemable 2006 (the "Preferred Stock") for its 13-1/4% Subordinated Debentures due 2006 (the "Exchange"). The Exchange will be effected in accordance with the terms and conditions of the Certificate of Designation pursuant to which the Preferred Stock was issued. Immediately following the Exchange, in order to simplify the Company's corporate structure and to reduce administrative costs, Silgan Corporation ("Silgan"), a wholly owned subsidiary of Holdings, will be merged with and into Holdings (the "Merger"). As a result of the Merger, Holdings will assume all liabilities and obligations of Silgan, including all of Silgan's liabilities and obligations in connection with its outstanding 11-3/4% Senior Subordinated Notes due 2002 (the "11-3/4% Notes") and under the Company's bank credit agreement. The Company is currently planning to refinance the 11-3/4% Notes and its indebtedness under its bank credit agreement. Any such debt refinancing will be dependent upon market conditions and will have to be effected in compliance with the Company's agreements in respect of its indebtedness currently outstanding. There can be no assurance that the Company will be able to effect any such debt refinancing. -2- 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. SILGAN HOLDINGS INC. By:/s/ Harley Rankin, Jr. ------------------------------- Harley Rankin, Jr. Executive Vice President, Chief Financial Officer and Treasurer Date: May 21, 1997 -3- -----END PRIVACY-ENHANCED MESSAGE-----