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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) July 30, 1998
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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 jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
1122 Capital of Texas Highway South, 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
Attached as Exhibit 99.1 is a press release issued by IXC
Communications, Inc. dated July 30, 1998 which is hereby incorporated by
reference herein.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS
99.1 Press release dated July 30, 1998
2.
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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: July 31, 1998
IXC Communications, Inc.
By: /s/ James F. Guthrie
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James F. Guthrie
Executive Vice President and
Chief Financial Officer
3.
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EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit
Number Description
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<C> <S>
99.1 Press release dated July 30, 1998
</TABLE>
4.
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EXHIBIT 99.1
Thursday July 30, 5:10 pm Eastern Time
Company Press Release
(BW) (IXC)-COMMUNICATIONS)(IIXC) IXC Communications Inc. Announces Extension of
Offer to Exchange Its 9 Percent Senior Subordinated Notes Due 2008
AUSTIN, Texas--(BUSINESS WIRE)--July 30, 1998--IXC Communications Inc.
(NASDAQ:IIXC) announced today that it will extend its offer (the "Exchange
Offer") to exchange its 9 percent Senior Subordinated Notes Due 2008 (the "New
Notes") which have been registered under the Securities Act of 1933 (the
"Securities Act") for any and for all of its outstanding 9 percent Senior
Subordinated Notes Due 2008 (the "Old Notes").
The Exchange Offer, originally scheduled to expire at 5:00 p.m., New
York City time, on July 30, 1998, will expire at 5:00 p.m., New York City time
on Aug. 6, 1998, unless extended. All other terms and conditions of the Exchange
Offer remain the same. As of 3:00 p.m., New York City time on July 30, 1998,
approximately $431.8 million (out of $450 million) in aggregate principal amount
of the Old Notes have been tendered in exchange for a like principal amount of
New Notes.
The Old Notes have not been registered under the Securities Act and may
not be offered or sold except pursuant to an exemption from, or in a transaction
not subject to, the registration requirements of the Securities Act and
applicable state securities laws.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the Old Notes or
the New Notes in any state in which such offer, solicitation or sale, would be
unlawful prior to registration or qualification under the securities laws of any
such state. The offer is subject to all the terms and conditions set forth in
the Prospectus dated June 25, 1998, previously distributed to holders of the Old
Notes.
IXC's network-based delivery solutions are designed to address the
increasing speed and capacity requirements of the global communications market.
Having recently completed the U.S.'s first new coast-to-coast fiber optic
network in a decade, IXC Communications Inc. is at the forefront of the
industry's new class of emerging carriers.
The company's offerings include private line, broadband, Internet and
long distance switched and dedicated services. IXC is a publicly traded company
listed on Nasdaq under the symbol IIXC. IXC's Web site is located at
www.ixc-comm.com.
- ---- Contact:
IXC Communications Inc., Austin
Melissa Jackson, 512/231-5247 (Media Contact)
[email protected]
or
Greta Wiechman, 888/267-9478 (Investor Contact)
[email protected]
