-----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, GDXxhDWnRxKdEFZtnyS598K4kC1TGqszsXXRnvxXT4i5YNg0f9xHZW8QcQgabBC7 TtnHdcfyQvxsSEqTE1wMpA== 0000094845-01-000011.txt : 20010205 0000094845-01-000011.hdr.sgml : 20010205 ACCESSION NUMBER: 0000094845-01-000011 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010201 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LEVI STRAUSS & CO CENTRAL INDEX KEY: 0000094845 STANDARD INDUSTRIAL CLASSIFICATION: APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300] IRS NUMBER: 940905160 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-06631 FILM NUMBER: 1521682 BUSINESS ADDRESS: STREET 1: 1155 BATTERY ST CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4155446000 MAIL ADDRESS: STREET 1: 1155 BATTERY STREET CITY: SAN FRAINCISCO STATE: CA ZIP: 94111 8-K 1 0001.txt PRESS RELEASE DATED FEBRUARY 1, 2001 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 1, 2001 Levi Strauss & Co. (Exact name of registrant as specified in its charter) DELAWARE 333-36234 94-0905160 (State of Incorporation) (Commission File Number) (IRS Employer Identification Number) 1155 Battery Street 94111 San Francisco, California (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (415) 501-6000 ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE. Attached hereto as Exhibit 99 is a copy of Levi Strauss & Co.'s press release dated February 1, 2001 titled "Levi Strauss & Co. Receives $1.05 Billion Senior Secured Credit Facility; Completes $500 Million Bond Offering." ITEM 7. EXHIBIT. 99 Press Release dated February 1, 2001. 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. Date: February 1, 2001 LEVI STRAUSS & CO. By /s/ William B. Chiasson ----------------------- William B. Chiasson Title: Senior Vice President and Chief Financial Officer EXHIBIT INDEX Exhibit Number Description - -------------- ----------- 99 Press Release dated February 1, 2001 EX-99 2 0002.txt PRESS RELEASE DATED FEBRUARY 1, 2001 Exhibit 99 LEVI 1155 Battery Street, San Francisco, CA 94111 STRAUSS & Co. NEWS Investor Contact: Eileen VanEss (415) 501-2477 For Immediate Release Media Contact: Linda Butler (415) 501-6070 LEVI STRAUSS & CO. RECEIVES $1.05 BILLION SENIOR SECURED CREDIT FACILITY; COMPLETES $500 MILLION BOND OFFERING SAN FRANCISCO (February 1, 2001) - Levi Strauss & Co. today announced that it has closed on an agreement for a new $1.05 billion senior secured credit facility, which consists of a $700 million revolving credit facility and $350 million of term loans. The new facility replaces the company's existing bank facilities under more favorable terms, which includes lower borrowing costs and extends the date of maturity to August 31, 2003. LS&CO. negotiated the credit facility through Bank of America, N.A., Citicorp USA, Inc. and The Bank of Nova Scotia. The company also recently completed its offering of approximately $500 million of 11 5/8% senior notes due 2008, which were sold in a private placement in accordance with Securities and Exchange Commission Rule 144A. Net proceeds from the offering were used to repay a portion of the outstanding debt under the company's then-existing bank credit facilities, and accordingly, the size of the new credit facility was reduced from the previously announced $1.5 billion to $1.05 billion. The notes, consisting of both U.S. Dollar and Euro notes, rank equally with all of the company's other unsecured senior indebtedness. "The combination of these two transactions significantly improves our capital structure," said Bill Chiasson, Levi Strauss & Co. Chief Financial Officer. "Under our business turnaround plan, we will continue to deploy our strong cash flow toward further debt reduction. We believe this show of support from our financing partners and members of the investment community, together with the company's solid financial performance in fiscal 2000, underscores the progress we are making with our key turnaround strategies." -- more -- LS&CO. Credit Facility/Add 1 February 1, 2001 Levi Strauss & Co. is one of the world's leading branded apparel companies, marketing its brands in more than 80 countries worldwide. The company designs and markets jeans and jeans-related pants, casual and dress pants, shirts, jackets and related accessories for men, women and children under the Levi's(R), Dockers(R) and Slates(R) brands. ### -----END PRIVACY-ENHANCED MESSAGE-----