-----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, Jy2WJ1TPVyih+0KOscPV9k9MIGF14o9eWIELlzkDqqLXQ0ibVi8UAm/5Xyq+cEG0 f7nDptVhN6oWk/vkAY39Ow== 0000874268-96-000016.txt : 19961023 0000874268-96-000016.hdr.sgml : 19961022 ACCESSION NUMBER: 0000874268-96-000016 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19961007 ITEM INFORMATION: Bankruptcy or receivership ITEM INFORMATION: Other events FILED AS OF DATE: 19961021 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRUEHAUF TRAILER CORP CENTRAL INDEX KEY: 0000874268 STANDARD INDUSTRIAL CLASSIFICATION: TRUCK TRAILERS [3715] IRS NUMBER: 382863240 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10772 FILM NUMBER: 96645766 BUSINESS ADDRESS: STREET 1: 111 MONUMENT CIRCLE STREET 2: SUITE 3200 CITY: INDIANAPOLIS STATE: IN ZIP: 46244-0913 BUSINESS PHONE: 3176303000 MAIL ADDRESS: STREET 1: 111 MONUMENT CIRCLE STREET 2: SUITE 3200 CITY: INDIANAPOLIS STATE: IN ZIP: 46244-0913 8-K 1 FRUEHAUF TRAILER FORM 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): October 7, 1996 --------------- Fruehauf Trailer Corporation ---------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 1-10772 38-2863240 - ---------------- ----------- -------------- (State or other (Commission (I.R.S. Employer jurisdiction of File Number) Identification No.) incorporation) 111 Monument Circle, Suite 3200, Indianapolis, Indiana 46204 - ------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code:(317)630-3000 ------------- N/A ------------------------------------------------------------ (Former Name or Former Address, if Changed Since Last Report) Exhibit Index Appears on Page 4 2 INFORMATION TO BE INCLUDED IN REPORT The Registrant Fruehauf Trailer Corporation is referred to herein as the "Company" Item 3. Bankruptcy or Receivership. -------------------------- On October 7, 1996 the Company and certain of its subsidiaries filed voluntary petitions in the United States Bankruptcy Court for the District of Delaware, requesting relief under chapter 11 of the United States Bankruptcy Code. The Company and its subsidiaries' chapter 11 cases are being jointly administered under Case Number 96-1563 (PJW), which is pending before Judge Peter J. Walsh. Subject to supervision and orders of the Court, the Company will remain in possession of its assets and operate them in the ordinary course. Item 5. Other Events. ------------- The Company issued a press release on October 7, 1996, a copy of which is filed as Exhibit 99. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. ----------------------------------------- (a) Not applicable. (b) Not applicable. (c) Exhibits. 99 Press Release dated October 7, 1996, from the Company. 3 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. FRUEHAUF TRAILER CORPORATION Date: October 21, 1996 By:/s/Gregory G. Fehr ------------------ Gregory G. Fehr Vice President - Corporate Controller (Principal Accounting Officer) 4 EXHIBIT INDEX ------------- Pagination by Sequential Numbering Exhibit Description of Exhibit System - ------- ---------------------- ------- 99 Press Release dated 5 October 7, 1996, regarding Fruehauf's voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code. EX-99 2 FRUEHAUF TRAILER EX-99 For Further Information: Gregory G. Fehr, Kenneth A. Minor, Michael D. Picchi Fruehauf Trailer Corporation (317) 630-3000 FRUEHAUF TRAILER ANNOUNCES CHAPTER 11 FILING; DIRECTOR CHANGES Indianapolis, Indiana -- October 7, 1996 -- Fruehauf Trailer Corporation (NYSE:FTC) announced today that the Company and certain of its subsidiaries have filed voluntary petitions for relief under chapter 11 of the U.S. Bankruptcy Code in the District of Delaware. The filings will restore liquidity by permitting improved financing arrangements and relieving the Company from certain funding requirements. These filings did not include the Company's Mexican operating subsidiary, Fruehauf de Mexico S.A. de C.V. The Company announced a $55 million debtor-in-possession financing facility provided by an affiliate of Cerberus Partners, L.P. The line of credit, which is subject to court approval, will be utilized to repay indebtedness under the Company's Revolving Credit Facility and meet immediate and future inventory needs, satisfy existing customer and employee obligations, pay promptly new vendor invoices and operate its business. In addition, Fruehauf will continue to manufacture, service and distribute trailers and parts throughout its Company-owned branch and authorized independent dealer network. Derek L. Nagle, President, commented: "We will continue to provide the highest possible level of service to our customers, including warranty and aftermarket service and parts. The new financing is intended to provide the necessary liquidity to continue business during the reorganization." Director Changes The Company also announced the resignations of Raymond J. Dempsey, Anthony Miller and Richard Nevins from the Board of Directors, effective with the consummation of the debtor-in-possession facility. Thomas B. Roller, Timothy J. Wiggins, William P. Panny and Marvin B. Rosenberg previously resigned from the Board. The Company will have a four member Board consisting of Chriss W. Street, Worth W. Frederick and two additional directors to be appointed to fill the vacancies. Fruehauf Trailer Corporation is a manufacturer of truck trailers, producing, marketing, and servicing the industry's widest range of dry freight van, refrigerated van, platform, dump and liquid and dry bulk tank trailers. Among the largest suppliers of trailer parts in North America, Fruehauf products are sold throughout the truck trailer industry's largest Company-owned dealer and authorized independent dealer network in North America. # # # -----END PRIVACY-ENHANCED MESSAGE-----