-----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, STyvehjEAHpni4DZCYJaYgbmA3PQEdQWtqhcBJCNRDLj/FCR/p+zf5jW0W2gUBMX qgeR/hVZLMTR+pnppQWgxA== 0000916641-98-000111.txt : 19980211 0000916641-98-000111.hdr.sgml : 19980211 ACCESSION NUMBER: 0000916641-98-000111 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980209 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980210 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: SMITHFIELD FOODS INC CENTRAL INDEX KEY: 0000091388 STANDARD INDUSTRIAL CLASSIFICATION: MEAT PACKING PLANTS [2011] IRS NUMBER: 520845861 STATE OF INCORPORATION: DE FISCAL YEAR END: 0427 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-02258 FILM NUMBER: 98528397 BUSINESS ADDRESS: STREET 1: 900 DOMINION TOWER STREET 2: 999 WATERSIDE DRIVE CITY: NORFOLK STATE: VA ZIP: 23510 BUSINESS PHONE: 8043653000 MAIL ADDRESS: STREET 1: 900 DOMINION TOWER STREET 2: 999 WATERSIDE DRIVE CITY: NORFOLK STATE: VA ZIP: 23510 FORMER COMPANY: FORMER CONFORMED NAME: LIBERTY EQUITIES CORP DATE OF NAME CHANGE: 19710221 FORMER COMPANY: FORMER CONFORMED NAME: LIBERTY REAL ESTATE TRUST DATE OF NAME CHANGE: 19661113 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): February 9, 1998 SMITHFIELD FOODS, INC. (Exact name of registrant as specified in its charter) VIRGINIA 0-2258 52-0845861 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 999 WATERSIDE DRIVE SUITE 900 NORFOLK, VIRGINIA 23510 (Address of principal executive (Zip Code) offices) Registrant's telephone number, including area code (757) 365-3000 FORM 8-K FEBRUARY 9, 1998 PAGE 1 ITEM 5. OTHER EVENTS Smithfield Foods, Inc. (the "Company") announced on February 9, 1998, that the Company closed its private offering of $200,000,000 aggregate principal amount of 7-5/8% Senior Subordinated Notes due 2008 (the "Notes"). Substantially all of the net proceeds from the sale of the Notes will be used initially to repay indebtedness under the Company's revolving credit facilities, with the balance to be invested temporarily in short-term marketable debt securities. Thereafter, the Company expects to use availability under such facilities, together with internal funds, for additional capital expenditures and general corporate purposes, including expansion of the Company's processed meats business, strategic acquisitions, further vertical integration and joint ventures. The foregoing is qualified entirely by reference to the Press Release of the Company issued on February 9, 1998, which is attached hereto as Exhibit 99.1 and is incorporated herein by reference. FORM 8-K FEBRUARY 9, 1998 PAGE 2 ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits. Exhibit 99.1 Smithfield Foods, Inc. Press Release issued on February 9, 1998. 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. SMITHFIELD FOODS, INC. (Registrant) By: /S/ AARON D. TRUB ---------------------------------- (Signature) Aaron D. Trub Vice President, Secretary and Treasurer Dated: February 10, 1998 FORM 8-K FEBRUARY 9, 1998 PAGE 3 EX-99.1 2 PRESS RELEASE EXHIBIT 99.1 FOR IMMEDIATE RELEASE Contact: Aaron D. Trub 757-365-3000 SMITHFIELD FOODS ISSUES $200,000,000 SENIOR SUBORDINATED NOTES -------------------------------------- NORFOLK, VIRGINIA, February 9, 1998 -- Smithfield Foods, Inc. (Nasdaq:SFDS) announced today that it had closed its private offering of $200,000,000 aggregate principal amount of 7-5/8% Senior Subordinated Notes due 2008. Substantially all of the net proceeds from the sale of the Notes will be used initially to repay indebtedness under the Company's revolving credit facilities, with the balance to be invested temporarily in short-term marketable debt securities. Thereafter, the Company expects to use availability under such facilities, together with internal funds, for additional capital expenditures and general corporate purposes, including expansion of the Company's processed meats business, strategic acquisitions, further vertical integration and joint ventures. The offering and sale of the Notes has not been registered under the Securities Act of 1933, as amended, and the Notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. FORM 8-K FEBRUARY 9, 1998 PAGE 4 -----END PRIVACY-ENHANCED MESSAGE-----