6-K 1 pressreleasejuly12004.txt PRESS RELEASE JULY 1, 2004 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of June, 2004 Commission File Number 1-10928 INTERTAPE POLMER GROUP INC. 110E Montee de Liesse, St. Laurent, Quebec, Canada, H4T 1N4 Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F X Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): __________ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): __________ Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes No X If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-______ The Information contained in this Report is incorporated by reference into Registration Statement No. 333-109944 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, thereunto duly authorized. INTERTAPE POLYMER GROUP INC. Date: July 1, 2004 By: /s/Victor DiTommaso Victor DiTommaso, Vice President Finance Intertape Polymer US Inc., a Wholly-Owned Finance Subsidiary of Intertape Polymer Group Inc., to Offer $125 Million of Senior Subordinated Notes Due 2014 BRADENTON, Fla.--July 1, 2004--Intertape Polymer Group Inc. (NYSE, TSX: ITP) today announced that its wholly-owned, newly-formed finance subsidiary, Intertape Polymer US Inc., intends to offer $125 million of senior subordinated notes due 2014 to certain institutional investors in an offering exempt from the registration requirements of the Securities Act of 1933. The notes will be guaranteed on a senior subordinated basis by Intertape Polymer Group Inc. and all of its U.S. and non-U.S. subsidiaries. The proceeds from the offering, together with borrowings under a new $250 million senior secured credit facility, are expected to be used to repay an existing credit facility, redeem all three series of existing senior secured notes and pay related make-whole premiums, accrued interest and transaction fees. The senior subordinated notes will only be sold in a Rule 144A private offering to qualified institutional buyers and in a Regulation S offering to certain non-U.S. persons in transactions outside the United States. The senior subordinated notes will not be or have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States except pursuant to an effective registration statement under the Securities Act of 1933 or in accordance with an applicable exemption from the registration requirements of the Securities Act of 1933. This press release shall not constitute an offer to sell or a solicitation of an offer to buy such securities. In addition, the senior subordinated notes will not be offered or sold, directly or indirectly, in Canada or to or for the benefit of any resident of Canada, except pursuant to applicable exemptions from the registration and prospectus requirements of applicable Canadian securities laws. Certain statements in this news release that refer to future events or other non-historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such forward- looking statements involve risks and uncertainties, including those relating to whether or not Intertape Polymer US Inc. will offer the notes or consummate the offering, and relating to the anticipated terms of notes and market conditions for the offering. These forward-looking statements are based on assumptions believed by management of Intertape Polymer US Inc. to be reasonable; however, they are inherently uncertain and difficult to predict. Actual events could differ materially from the forward-looking statements. Source: Intertape Polymer Group Inc. Contact: Melbourne F. Yull Chairman and Chief Executive Officer (866) 202-4713 itp$info@intertapeipg.com www.intertapepolymer.com