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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): March 6, 1997
TEXAS PETROCHEMICALS CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 333-11569 74-1778313
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) Identification No.)
8707 KATY FREEWAY, SUITE 300
HOUSTON, TEXAS 77024
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (713) 461-3322
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TEXAS PETROCHEMICALS CORPORATION
TABLE OF CONTENTS
FOR
CURRENT REPORT ON FORM 8-K
Page
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Item 5. Other Events................................................ 2
Item 7. Financial Statements and Exhibits........................... 2
Signature .............................................................3
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ITEM 5. OTHER EVENTS.
On March 6, 1997, Texas Petrochemicals Corporation (the "Company") gave
notice on a press release (the "Press Release") of its intention to offer $50
million aggregate principal amount of its 11 and 1/8% Senior Subordinated Notes
Due 2006 in a Rule 144A offering. The Press Release is attached hereto as
Exhibit 99 and is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits. The following material is filed as an exhibit to this
Current Report on Form 8-K:
Exhibit
Number Description of Exhibit
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99 Press Release dated March 6, 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 thereunto duly authorized.
TEXAS PETROCHEMICALS CORPORATION
By: /s/ STEPHEN R. WRIGHT
Stephen R. Wright
Vice President, General Counsel
and Secretary
Dated: March 6, 1997
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EXHIBIT INDEX
Exhibit Page
Number Description Number
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99 Press Release dated March 6, 1997 6
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[Texas Petrochemicals Corporation letterhead]
For further information contact:
Brian Bourque
(713) 475-7415
FOR IMMEDIATE RELEASE: March 6, 1997
Houston, Texas - Texas Petrochemicals Corporation today announced that it
intends to offer $50 million aggregate principal amount of its 11 and 1/8%
Senior Subordinated Notes Due 2006 in a Rule 144A offering. The terms of the
notes will be identical, except as to the offering price, to the terms of the 11
and 1/8% Senior Subordinated Notes Due 2006 issued by the Company in July 1996.
The Company expects to commence the offering on Thursday, March 6, 1997.
The notes have not been registered under the Securities Act of 1933 and
may not be offered or sold within the United States absent registration or an
applicable exemption from registration requirements.
This announcement does not constitute an offer to sell or the
solicitation of offers to buy any security and shall not constitute an offer,
solicitation or sale of any security in any jurisdiction in which such offer,
solicitation or sale would be unlawful.
The Company is a producer of butadiene, butene-1, MTBE, diisobutylene,
isobutylene concentrate and high purity isobutylene.
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