SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): December 20, 1996
TV FILME, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware 0-28670 98-0160214
(State or Other (Commission (IRS Employer
Jurisdiction File Number) Identification No.)
of Incorporation)
c/o ITSA-Intercontinental Telecomunicacoes Ltda.
SCS, Quadra 07-B1.A
Ed. Executive Tower
Sala 601
70.300-911 Brasilia-DF
Brazil
(Address of Principal Executive Offices, including Zip Code)
Registrant's telephone number, including area code: 011-55-61-314-9908
Exhibit List Appears on Page 4
Page 1 of 5 Pages
Item 5. Other Events.
On December 20, 1996, TV Filme, Inc. (the "Company") announced that it had
completed the sale of US $140,000,000 principal amount of 12-7/8% Senior Notes
due 2004 pursuant to Rule 144A and Regulations S transactions. The proceeds from
this offering will provide additional resources for the Company to fund the
continued expansion of its business.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
(a) Financial Statements of Businesses Acquired.
Not Applicable
(b) Pro Forma Financial Information.
Not Applicable
(c) Exhibits.
The following exhibit is filed with this Report:
Exhibit No. Description
99 Press Release of the Company, dated December 20, 1996.
<PAGE>
SIGNATURES
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.
TV FILME, INC.
Date: December 20, 1996 By: /S/ ALVARO J. AGUIRRE
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Name: Alvaro J. Aguirre
Title: Chief Financial Officer (Principal
Financial and Accounting Officer)
<PAGE>
EXHIBIT LIST
Exhibit No. Description
99 Press Release of the Company, dated December 20, 1996.
<PAGE>
FOR: TV FILME, INC.
CONTACT: ALVARO AGUIRRE
CHIEF FINANCIAL OFFICER
011-55-61-314-9907
[email protected]
MORGEN-WALKE ASSOCIATES
ANDREA KAIMOWITZ/CINDY MILLER
FOR IMMEDIATE RELEASE Press: Brian Maddox
212-850-5600
TV FILME, INC. ANNOUNCES CLOSING OF DEBT OFFERING
BRASILIA, BRAZIL - December 20, 1996 - TV Filme, Inc. (Nasdaq:PYTV) today
announced that it had completed the sale of US $140,000,000 principal amount of
12-7/8% Senior Notes due December 15, 2004 pursuant to Rule 144A and Regulation
S transactions. The proceeds from this offering will provide additional
resources for the Company to fund the continued expansion of its business.
The Senior Notes have not been registered under the Securities Act of 1933,
as amended, or under the securities law of any state and may not be offered or
sold in the United States or in any such state absent an applicable exemption
from registration under the Securities Act and any such state law.
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