<PAGE>
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): MAY 30, 2000
FRIEDE GOLDMAN HALTER, INC.
(Exact name of registrant as specified in its charter)
Mississippi 0-22595 64-0900067
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) Identification No.)
13085 Industrial Seaway Road
Gulfport, Mississippi 39503
(Address of principal
executive offices
and zip code)
(228) 896-0029
(Registrant's telephone number,
including area code)
<PAGE>
ITEM 5. OTHER EVENTS
On May 30, 2000, the Company issued a press release (the "Press Release")
announcing that its Friede Goldman Offshore Texas ("FGOT") subsidiary has
reached an agreement with Petrodrill IV Ltd. and Petrodrill V Ltd.
("Petrodrill") regarding contract disputes over FGOT's construction of two
Amethyst-class deepwater semisubmersible drilling rigs for Petrodrill. The
agreements have been approved by the boards of directors of both Friede Goldman
Halter and Petrodrill, and by the U.S. Maritime Administration, which is
providing loan guarantees for the project. For additional information, reference
is made to the Press Release dated May 30, 2000, a copy of which is attached as
an exhibit hereto.
On May 31, 2000, the Company issued a press release (the "Press Release")
announcing that it has signed a definitive agreement to sell its vessel repair
unit to Bollinger Shipyards, Inc. of Lockport, Louisiana for $80 million. The
all-cash transaction, which is expected to be completed in July 2000, is
structured as an asset sale and is subject to certain conditions, including
approval under the Hart Scott Rodino Act. For additional information, reference
is made to the Press Release dated May 31, 2000, a copy of which is attached as
an exhibit hereto.
Item 7. Financial Statements and Exhibits
(c)
Exhibit 99.1 Press Release of Registrant dated May 30, 2000
Exhibit 99.2 Press Release of Registrant dated May 31, 2000
<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.
FRIEDE GOLDMAN HALTER, INC.
Date: June 6, 2000
By:/s/Rick S. Rees
----------------------------------
Rick S. Rees
Executive Vice President and
Chief Financial Officer
<PAGE>
EXHIBIT INDEX
Exhibit No. Description
----------- -----------
*99.1 Press Release of Registrant dated May 30, 2000
*99.2 Press Release of Registrant dated May 31, 2000
___________________
* Filed herewith.
