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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
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Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 20, 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 August 20, 1997, which is hereby incorporated by reference herein.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Press release dated August 20, 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: August 21, 1997
IXC Communications, Inc.
By: /s/ JAMES F. GUTHRIE
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James F. Guthrie
Executive Vice President and
Chief Financial Officer
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EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit
Number Description
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<S> <C>
99.1 Press release dated August 20, 1997
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EXHIBIT 99.1
NEWS RELEASE
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IXC COMMUNICATIONS, INC.
COMPLETES $300 MILLION PREFERRED STOCK
AUSTIN, TEXAS - AUGUST 20, 1997 - IXC Communications, Inc. (NASDAQ:IIXC)
announced today that it has completed the sale of $300 million of 12-1/2% Junior
Exchangeable Preferred Stock Due 2009 ("Exchangeable Preferred Stock"). Such
stock is exchangeable at the option of IXC for 12-1/2% Subordinated Exchange
Debentures Due 2009. The net proceeds from the offering will be used to fund
capital expenditures and for general corporate purposes.
The Exchangeable 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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INVESTOR CONTACT:
James F. Guthrie
Chief Financial Officer
IXC Communications, Inc.
(512) 427-3731
[email protected]