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) December 14, 1998
COX RADIO, INC.
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(Exact Name of Registrant as Specified in Its Charter)
DELAWARE
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(State or Other Jurisdiction of Incorporation or Organization)
001-12187 58-1620022
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(Commission File Number) (I.R.S. Employer Identification Number)
1400 LAKE HEARN DRIVE, ATLANTA, GEORGIA 30319
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(Address of Principal Executive Office) (Zip Code)
(404) 843-5000
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(Registrant's telephone number, including area code)
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
In a press release dated December 14, 1998, Cox Radio, Inc. (the "Issuer")
announced the consummation of its exchange offer for its outstanding 6.250%
Notes due 2003 and the Issuer's 6.375% Notes due 2005. A copy of the December
14, 1998 press release is being filed as exhibit 99.1 to this report.
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits.
(a) Financial Statements of Business Acquired.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Exhibits.
99.1 Press Release dated December 14, 1998
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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.
COX RADIO, INC.
Dated December 18, 1998 By: /s/ Maritza Pichon
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Name: Maritza Pichon
Title: Chief Financial Officer
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EXHIBIT INDEX
99.1 Press Release dated December 14, 1998.
EXHIBIT 99.1
ATLANTA, Dec. 14 /PRNewswire/ -- Cox Radio, Inc. (NYSE: CXR) today
announced the consummation of its exchange offer (the "Exchange Offer") for its
outstanding 6.250% Notes due 2003 and outstanding 6.375% Notes due 2005.
Pursuant to the Exchange Offer, $100,000,000 aggregate principal amount of
Cox Radio's outstanding 6.250% Notes due 2003 (the "2003 Old Notes") and
$100,000,000 aggregate principal amount of the Company's outstanding 6.375%
Notes due 2005 (the "2005 Old Notes" and collectively with the 2003 Old Notes,
the "Old Notes") were tendered prior to the expiration of the Exchange Offer and
exchanged for the same aggregate principal amount of the Company's 6.250% Notes
due 2003 (the "2003 New Notes") and the Company's 6.375% Notes due 2005 (the
"2005 New Notes" and collectively with the 2003 New Notes, the "New Notes"),
which New Notes have been registered under the Securities Act of 1933, as
amended. One hundred million dollars aggregate principal amount of 2003 Old
Notes and one hundred million dollars aggregate principal amount of 2005 Old
Notes were originally issued and sold on May 26, 1998 in a transaction exempt
from registration under the Securities Act.
The New Notes issued in the exchange offer have substantially the same
terms and conditions as the Old Notes, except the New Notes are not subject to
the restrictions on resale or transfer, which applied to the unregistered Old
Notes.
Cox Radio is one of the 10 largest radio broadcasting companies in the
United States, based on both net revenues and number of stations. Upon close of
all pending transactions, Cox Radio will own, operate or provide sales and
marketing services for 58 stations (41 FM and 17 AM) clustered in 13 markets,
including major markets such as Los Angeles and Atlanta, and Sunbelt markets
including Miami, Tampa, Orlando, San Antonio and Birmingham. Cox Radio shares
are traded on the New York Stock Exchange under the symbol CXR.
SOURCE Cox Radio, Inc.
