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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) April 1, 1997
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IXC Communications, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 0-20803 74-2644120
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(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
5000 Plaza on the Lake, Suite 200, Austin, Texas 78746
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (512) 328-1112
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Not Applicable
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(Former name or former address, if changed since last report.)
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ITEM 5. OTHER EVENTS
Pursuant to Rule 135c(d) of the Securities Act of 1933, as
amended, attached as Exhibit 99.1 is the press release issued by IXC
Communications, Inc. dated April 1, 1997 which is hereby incorporated by
reference herein.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS
99.1 Press release dated April 1, 1997.
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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: April 2, 1997
IXC Communications, Inc.
By: /s/ John J. Willingham
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John J. Willingham
Senior Vice President, Chief
Financial Officer and
Assistant Secretary
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EXHIBIT INDEX
Exhibit
Number Description
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99.1 Press release dated April 1, 1997
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EXHIBIT 99.1
NEWS RELEASE
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IXC COMMUNICATIONS, INC.
COMPLETES SALE OF $100 MILLION OF CONVERTIBLE
PREFERRED STOCK
AUSTIN, TEXAS - APRIL 1, 1997 - IXC Communications, Inc. (NASDAQ: IIXC)
announced today that it completed the sale of $100 million of 7-1/4% Junior
Convertible Preferred Stock Due 2007 ("Convertible Preferred Stock") to
qualified institutional buyers and accredited investors including the Trustees
of General Electric Pension Trust, IXC's largest stockholder. The net proceeds
from the offering will be used to fund capital expenditures and for general
corporate purposes.
The Convertible Preferred Stock has not been registered under the Securities
Act of 1933 and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements.
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COMPANY CONTACT:
John Willingham
Chief Financial Officer
IXC Communications, Inc.
(512) 427-3737
[email protected]
