-----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, Ecn5R0YZatPXXf36NAGC2wB7nKsygdN9Mp2qp8KTPh6RG+QtHu2CG2o8KVwqyzhe 36d9bOYrAX/bOmsbjQIDvg== 0000899751-07-000016.txt : 20070222 0000899751-07-000016.hdr.sgml : 20070222 20070221184523 ACCESSION NUMBER: 0000899751-07-000016 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070221 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070222 DATE AS OF CHANGE: 20070221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TITAN INTERNATIONAL INC CENTRAL INDEX KEY: 0000899751 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 363228472 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12936 FILM NUMBER: 07640068 BUSINESS ADDRESS: STREET 1: 2701 SPRUCE ST CITY: QUINCY STATE: IL ZIP: 62301 BUSINESS PHONE: 2172286011 MAIL ADDRESS: STREET 1: 2701 SPRUCE ST CITY: QUINCY STATE: IL ZIP: 62301 FORMER COMPANY: FORMER CONFORMED NAME: TITAN WHEEL INTERNATIONAL INC DATE OF NAME CHANGE: 19930403 8-K 1 form8k.htm TITAN INTERNATIONAL, INC. FORM 8-K TITAN INTERNATIONAL, 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): February 21, 2007
 
TITAN INTERNATIONAL, INC.
(Exact name of Registrant as specified in its Charter)
 
Illinois
1-12936
36-3228472
(State of Incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)

2701 Spruce Street, Quincy, IL 62301
(Address of principal executive offices, including Zip Code)

(217) 228-6011
(Registrant’s telephone number, including area code)


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

x Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 
 

 

 
INFORMATION TO BE INCLUDED IN THIS REPORT
 
Item 8.01  OTHER EVENTS
 
Titan International, Inc. commences conversion offer for senior convertible notes. See press release dated February 21, 2007.
 
Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS
 
(c) Exhibits
 
 
99
Titan International, Inc.’s press release dated February 21, 2007, regarding commencing conversion offer for senior convertible notes.
 

 
 

 
 

 






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.




 
TITAN INTERNATIONAL, INC.
 
(Registrant)

Date:
February 21, 2007
By:
/s/ Kent W. Hackamack
     
Kent W. Hackamack
     
Vice President of Finance and Treasurer
     
(Principal Financial Officer)
       

 
 

 

EXHIBIT INDEX


Exhibit No.
Description
   
 
99
 
Titan International, Inc.’s press release dated February 21, 2007, regarding commencing conversion offer for senior convertible notes.
 
 
 

EX-99 2 ex99.htm PRESS RELEASE DATED FEBRUARY 21, 2007 PRESS RELEASE DATED FEBRUARY 21, 2007

 
Filed by Titan International, Inc.
pursuant to Rule 425 of the Securities Act of 1933
and deemed filed pursuant to Rule 13e-4(c) under the Securities Exchange Act of 1934
Subject Company:  Titan International, Inc.
Commission File No. 1-12936
Titan International, Inc.
Registration Statement on Form S-4
File No. 333-140121
 
Exhibit 99
 

TITAN COMMENCES CONVERSION OFFER FOR SENIOR CONVERTIBLE NOTES

QUINCY, Ill. - February 21, 2007 - Titan International, Inc. (NYSE: TWI) announced today that it has commenced an offer to the holders of its 5.25 percent senior convertible notes (the “Notes”) due 2009 to convert their notes into Titan’s common stock at an increased conversion rate (the “Offer”). The offer is scheduled to expire at 5 p.m. New York City time on March 20, 2007, unless extended or terminated. As of February 20, 2007, there were $81.2 million principal amount of convertible notes outstanding.

Per the Offer, each $1,000 principal amount of notes is convertible into 81.0000 shares of common stock, which is equivalent to a conversion price of approximately $12.35 per share. The offering price set forth will not include accrued interest; therefore, no accrued interest will be paid on the notes that accept this offering. Prior to the Offer, each $1,000 principal amount of notes was convertible into 74.0741 shares of common stock, which was equivalent to a conversion price of approximately $13.50 per share.

The registration statement relating to the shares of common stock to be offered by the Securities and Exchange Commission was declared effective on February 21, 2007. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

The Offer is being made pursuant to a Conversion Offer Prospectus, dated February 21, 2007, and related documents. Titan has retained Merrill Lynch, Pierce, Fenner & Smith Incorporated to serve as the Dealer Manager for the Offer. Questions regarding the Offer may be directed to Merrill Lynch, Pierce, Fenner & Smith Incorporated at (888) 654-8637 attention: Liability Management Group.

Titan has selected Global Bondholder Services Corporation to serve as both the Information and Conversion Agent. If you are interested in participating in this Offer, you should review all of the terms and conditions of the offer in the Conversion Offer Prospectus and related documents. Requests for the Conversion Offer Prospectus relating to the Offer and other documents may be directed to Global Bondholder Services Corporation by telephone at (866) 470-3900.

Titan International, Inc., a holding company, owns subsidiaries that supply wheels, tires and assemblies for off-highway equipment used in agricultural, earthmoving/construction and consumer (including all terrain vehicles and trailers) applications.
 
Contact: Courtney Leeser
Communications Coordinator
(217) 221-4489
 
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