-----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, Su9rf6v16OK7+S4NSEsfxoOGcz6J0PH4kUBq1IKFOzH51xj2H+DsYj9Au9gPna73 X3QCOaQpHCJIVvjLeRtAQg== 0000950134-98-008230.txt : 19981026 0000950134-98-008230.hdr.sgml : 19981026 ACCESSION NUMBER: 0000950134-98-008230 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981023 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUIZA FOODS CORP CENTRAL INDEX KEY: 0000931336 STANDARD INDUSTRIAL CLASSIFICATION: ICE CREAM & FROZEN DESSERTS [2024] IRS NUMBER: 752559681 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-56613 FILM NUMBER: 98729965 BUSINESS ADDRESS: STREET 1: 3811 TURTLE CREEK BLVD STREET 2: STE 1300 CITY: DALLAS STATE: TX ZIP: 75219 BUSINESS PHONE: 2145289922 MAIL ADDRESS: STREET 1: 3811 TURTLE CREEK BLVD STREET 2: SUITE 1300 CITY: DALLAS STATE: TX ZIP: 75219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUIZA CAPITAL TRUST II CENTRAL INDEX KEY: 0001063690 STANDARD INDUSTRIAL CLASSIFICATION: ICE CREAM & FROZEN DESSERTS [2024] IRS NUMBER: 516507448 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-56613-01 FILM NUMBER: 98729966 BUSINESS ADDRESS: STREET 1: 3811 TURTLE CREEK BLVD STREET 2: STE 1300 CITY: DALLAS STATE: TX ZIP: 75219 BUSINESS PHONE: 2145289922 MAIL ADDRESS: STREET 1: 3811 TURTLE CREEK BLVD STREET 2: SUITE 1300 CITY: DALLAS STATE: TX ZIP: 75219 424B3 1 PROSPECTUS SUPPLEMENT 1 Rule 424(b)(3) Registration No. 333-56613 333-56613-01 PROSPECTUS SUPPLEMENT NO. 5 (TO PROSPECTUS DATED JULY 21, 1998) 12,000,000 PREFERRED SECURITIES SUIZA CAPITAL TRUST II 5 1/2% TRUST CONVERTIBLE PREFERRED SECURITIES (LIQUIDATION PREFERENCE $50 PER PREFERRED SECURITY GUARANTEED TO THE EXTENT SET FORTH HEREIN BY, AND CONVERTIBLE INTO COMMON STOCK OF, SUIZA FOODS CORPORATION This Prospectus Supplement No. 5 supplements and amends the Prospectus dated July 21, 1998, as supplemented and amended by that Prospectus Supplement No. 1 dated July 23, 1998, that Prospectus Supplement No. 2 dated August 10, 1998, that Prospectus Supplement No. 3 dated August 20, 1998, and that Prospectus Supplement No. 4 dated September 29, 1998 (collectively, the "Prospectus") relating to the 5 1/2% Trust Convertible Preferred Securities (the "Preferred Securities") which represent undivided beneficial interests in the assets of Suiza Capital Trust II, a statutory business trust created under the laws of the State of Delaware (the "Issuer" or the "Trust"), the common securities of the Issuer (the "Common Securities" and, together with the Preferred Securities, the "Trust Securities"), the 5 1/2% Convertible Subordinated Debentures due April 1, 2028 (the "Debentures") issued by Suiza Foods Corporation, a Delaware corporation ("Suiza"), the Common Stock (as defined) issuable upon conversion of the Preferred Securities or the Debentures, as applicable, and the associated Guarantee (as defined) (collectively, the "Offered Securities"). All capitalized terms used but not otherwise defined in this Prospectus Supplement shall have the meanings ascribed thereto in the Prospectus. Following their original issuance by the Trust, the Preferred Securities have been resold by the Initial Purchasers and subsequent purchasers thereof to qualified institutional buyers in transactions exempt from registration under Rule 144A promulgated under the Securities Act. The Preferred Securities have been and will remain eligible for resale on the PORTAL Market. However, Preferred Securities resold pursuant to this Prospectus will no longer be eligible for trading on the PORTAL Market. Suiza and the Trust do not currently intend to list the Preferred Securities resold pursuant to this Prospectus on any securities exchange or to seek approval for quotation through any automated quotation system. Accordingly, there can be no assurance as to the development or liquidity of any market for the Preferred Securities resold under this Prospectus. See "Risk Factors -- Absence of Public Market for the Preferred Securities" in the Prospectus. Neither Suiza nor the Trust will receive any of the proceeds from the sale of the Preferred Securities by the Selling Holders. Expenses of preparing and filing the Registration Statement, the Prospectus, this Prospectus Supplement No. 5 and all other prospectus supplements are borne by Suiza. The Prospectus, together with this Prospectus Supplement No. 5, constitutes the prospectus required to be delivered by Section 5(b) of the Securities Act with respect to offers and sales of the Preferred Securities and the Common Stock issuable upon conversion of the Preferred Securities. All references in the Prospectus to "this Prospectus" are hereby amended to read "this Prospectus (as supplemented and amended)". ------------------------------------ SEE "RISK FACTORS" BEGINNING ON PAGE 13 FOR A DISCUSSION OF CERTAIN FACTORS THAT SHOULD BE CONSIDERED IN CONNECTION WITH AN INVESTMENT IN THE OFFERED SECURITIES. ------------------------------------ THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE ------------------------------------ The date of this Prospectus Supplement is October 23, 1998. 2 The Prospectus is hereby amended to add the following information to the end of the Section of the Prospectus entitled "Selling Holders": The table below sets forth information as of October 23, 1998 concerning beneficial ownership of the Preferred Securities of each of the Selling Holders. All information concerning beneficial ownership has been furnished by the Selling Holders.
PREFERRED SECURITIES OWNED BEFORE OFFERING NO. OF PREFERRED --------------------- SECURITIES OFFERED IN NAME OF SELLING HOLDER (1) NUMBER PERCENT THE OFFERING - ---------------------------------------------------- ------ ------- ------------ Credit Suisse First Boston Corporation 67,000 * 67,000 Donaldson, Lufkin & Jenrette Securities 40,000 * 40,000 Corporation (2) The Dow Chemical Company Employees' Retirement 9,600 * 9,600 Plan (3) Greek Catholic Union 800 * 800 HBK Finance L.P. 7,500 * 7,500 HBK Offshore Fund Ltd. 17,500 * 17,500 Port Authority of Allegheny County Retirement and 3,800 * 3,800 Disability Allowance Plan for the Employees Represented by Local 85 of the Amalgamated Transit Union (4)>
- ------------------------- * Less than 1%. (1) Except as otherwise set forth herein, none of the Selling Holders has, or within the last three years has had, any position, office or other material relationship with Suiza or the Trust or any of their predecessors or affiliates. (2) Donaldson, Lufkin & Jenrette Securities Corporation ("DLJ") has in the past provided to Suiza and its affiliates investment banking and investment advisory services including acting as a lead Initial Purchaser in the original offering of the Offered Securities. In each case, DLJ received only customary fees in connection with the provision of such services. The Preferred Securities included herein for the account of DLJ are in addition to those previously disclosed for the account of DLJ in the Prospectus. (3) The Preferred Securities included herein for the account of The Dow Chemical Company Employees' Retirement Plan ("Dow") are in addition to those previously disclosed for the account of Dow in the Prospectus. (4) The Preferred Securities included herein for the account of Port Authority of Allegheny County Retirement and Disability Allowance Plan for the Employees Represented by Local 85 of the Amalgamated Transit Union ("Allegheny") are in addition to those previously disclosed for the account of Allegheny in the Prospectus. The Selling Holders identified above may have sold, transferred or otherwise disposed of all or a portion of their Preferred Securities since the date on which they provided the information regarding their Preferred Securities in transactions exempt from the registration requirements of the Securities Act. None of the above listed Selling Holders has converted any of the Preferred Securities into shares of Common Stock. See "Description of Preferred Securities - -- Conversion Rights" in the Prospectus. Additional Selling Holders or other information concerning the above listed Selling Holders may be set forth from time to time in additional prospectus supplements. 2
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