SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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) October 9, 1997
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Telegroup, Inc.
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(Exact name of registrant as specified in its charter)
Iowa 000-29284 42-1344121
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(State or other jurisdiction (Commission (I.R.S Employer
of incorporation) File Number) Identification No.)
2098 Nutmeg Avenue, Fairfield, Iowa 52556
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(Address of principal executive office) (Zip code)
Registrant's telephone number including area code (515) 472-5000
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(Former name or former address, if changed since last report)
Exhibit Index appears on Page 4<PAGE>
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Item 5. Other Events.
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Telegroup, Inc. (the "Company") has commenced a private offering of debt
securities to certain qualified investors yielding up to $75 million gross
proceeds to the Company. The net proceeds from the offering, if any, will be
used to expand the Telegroup Intelligent Global Network (the "TIGN"),
primarily for the purchase of digital fiber-optic tranmission capacity, to
develop and upgrade management information systems, as well as for working
capital and other general corporate purposes, including potential
acquisitions.
The debt securities, if issued and sold, will not be registered under the
Securities Act of 1933, as amended, and may not be offered or sold within the
United States, absent registration or an available exemption from such
registration requirements.
This announcement of the debt offering 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.
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SIGNATURES
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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.
Telegroup, Inc.
Date: October 9, 1997 By: /s/Douglas Neish
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Douglas Neish
Chief Financial Officer
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INDEX TO EXHIBITS
FORM 8-K
Exhibit Page
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None
