-----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, JYGotB96u+szqwrp0Ks9nSmDRyE2wWjIqrW0HexVGvdRhVo/AgPFMLQeXB0mlZhI pey1bmr8M+kSYyhsa4535g== 0000874016-01-500004.txt : 20010129 0000874016-01-500004.hdr.sgml : 20010129 ACCESSION NUMBER: 0000874016-01-500004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010125 ITEM INFORMATION: FILED AS OF DATE: 20010125 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JONES APPAREL GROUP INC CENTRAL INDEX KEY: 0000874016 STANDARD INDUSTRIAL CLASSIFICATION: WOMEN'S, MISSES', AND JUNIORS OUTERWEAR [2330] IRS NUMBER: 060935166 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-10746 FILM NUMBER: 1514597 BUSINESS ADDRESS: STREET 1: 250 RITTENHOUSE CIRCLE STREET 2: KEYSTONE PK CITY: BRISTOL STATE: PA ZIP: 19007 BUSINESS PHONE: 2157854000 MAIL ADDRESS: STREET 1: 250 RITTENHOUSE CIRCLE CITY: BRISTOL STATE: PA ZIP: 19007 8-K 1 jan25.htm FORM 8-K 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):
January 25, 2001

 

JONES APPAREL GROUP, INC.
(Exact Name of registrant as specified in its charter)

 

Pennsylvania
(State or Other Jurisdiction of Incorporation)

1-10746
(Commission File Number)

06-0935166
(IRS Employer Identification No.)

250 Rittenhouse Circle
Bristol, PA 19007
(Address of principal executive offices)

(215) 785-4000
(Registrant's telephone number, including area code)

<PAGE> 2

Item 5. Other Events.

On January 25, 2001, the Registrant issued a press release announcing that it priced its offering of 20-year, zero coupon convertible senior debt securities. Gross proceeds of the offering will be $350.0 million.  The securities will carry a 3.5% yield to maturity with a face value of $700.6 million and will be convertible into common stock at an initial premium of 40.0%.  A copy of the press release is filed herewith as Exhibit 20.1.

Item 7. Exhibits

20.1 Press Release of the Registrant dated January 25, 2001.

 

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<PAGE> 3 

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.

 

JONES APPAREL GROUP, INC.
(Registrant)

By: /s/ Wesley R. Card
     Wesley R. Card
     Chief Financial Officer

 

Date: January 25, 2001

 

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<PAGE> 4

Exhibit Index

Exhibit No. Description
20.1 Press Release of the Registrant dated January 25, 2001.

4

EX-20.1 2 exhibit_20.htm EXHIBIT 20.1 Exhibit 20.1

FOR IMMEDIATE RELEASE

Jones Apparel Group, Inc.

Contacts: Wesley R. Card, Chief Financial Officer
Anita Britt, Vice President, Finance and Investor Relations

(215) 785-4000

 

JONES APPAREL GROUP, INC. PRICES CONVERTIBLE DEBT ISSUE

NEW YORK, NEW YORK -- January 25, 2001 -- Jones Apparel Group, Inc. (NYSE: JNY) today announced that it priced its offering of 20-year, zero coupon convertible senior debt securities. Gross proceeds of the offering will be $350.0 million. The securities will carry a 3.5% yield to maturity with a face value of $700.6 million and will be convertible into common stock at an initial premium of 40%. The Company has granted the initial purchasers of the securities an option to purchase additional zero coupon convertible senior debt securities to cover over-allotments which, if exercised, would provide the Company with $52.5 million in additional gross proceeds.

The securities have not been and will not be registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

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