SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
AGRIBRANDS INTERNATIONAL, INC.
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(Name of Issuer)
Shares of Common Stock, par value $.01 per share
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(Title of Class of Securities)
00849R105
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(CUSIP Number)
April 6, 2000
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
/ / Rule 13d-1(b)
/ X / Rule 13d-1(c)
/ / Rule 13d-1(d)
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CUSIP No. 00849R105 13G
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Greenlight Capital, L.L.C.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
608,400
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NUMBER
OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY ---------------------------------------------------------------
OWNED BY ---------------------------------------------------------------
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH
608,400
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---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
608,400
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.0%
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12 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT
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CUSIP No. 00849R105 13G
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
David Einhorn
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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5 SOLE VOTING POWER
608,400
---------------------------------------------------------------
---------------------------------------------------------------
NUMBER
OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY ---------------------------------------------------------------
OWNED BY ---------------------------------------------------------------
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH
608,400
---------------------------------------------------------------
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
608,400
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.0%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
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CUSIP No. 00849R105 13G
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Jeffrey A. Keswin
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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5 SOLE VOTING POWER
608,400
---------------------------------------------------------------
---------------------------------------------------------------
NUMBER
OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY ---------------------------------------------------------------
OWNED BY ---------------------------------------------------------------
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH
608,400
---------------------------------------------------------------
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
608,400
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.0%
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- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
SCHEDULE 13G
This Schedule 13G (the "Schedule 13G") is being filed on behalf of
Greenlight Capital, L.L.C., a Delaware limited liability company ("Greenlight"),
and Mr. David Einhorn and Mr. Jeffrey A. Keswin, the principals of Greenlight,
relating to shares of common stock of Agribrands International, Inc. (the
"Issuer"). Greenlight and Messrs. Einhorn and Keswin previously reported
beneficial ownership of shares of the Issuer on a Schedule 13D, the last
amendment to such Schedule 13D being filed in November 1998. Greenlight and
Messrs. Einhorn and Keswin now desire and are eligible to report beneficial
ownership of the shares of the Issuer on Schedule 13G and do so now by filing
this Schedule 13G.
This Schedule 13G relates to shares of Common Stock of the Issuer
purchased by Greenlight for the account of (i) Greenlight Capital, L.P.
("Greenlight Fund"), of which Greenlight is the general partner, (ii) Greenlight
Capital Qualified, L.P. ("Greenlight Qualified"), of which Greenlight is the
general partner and (iii) Greenlight Capital Offshore, Ltd. ("Greenlight
Offshore"), to which Greenlight acts as investment advisor.
Item 1(a) Name of Issuer.
Agribrands International, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices.
9811 South Forty Drive
St. Louis, Missouri 63124
Item 2(a) Name of Person Filing.
Greenlight Capital, L.L.C. ("Greenlight"), David Einhorn and
Jeffrey A. Keswin
Item 2(b) Address of Principal Business Office, or, if none, Residence.
420 Lexington Ave., Suite 1740
New York, New York 10170
Item 2(c) Citizenship or Place of Organization.
Greenlight is a limited liability company organized under the laws
of the State of Delaware. David Einhorn and Jeffrey A. Keswin are
the principals of Greenlight and are United States citizens.
Item 2(d) Title of Class of Securities.
Common Stock, par value $.01 per share (the "Common Stock").
Item 2(e) CUSIP Number.
00849R105
Item 3 Reporting Person.
Inapplicable.
Item 4 Ownership.
(a) Greenlight and Messrs. Einhorn and Keswin are the
beneficial owners of 608,400 shares of Common Stock.
(b) Greenlight and Messrs. Einhorn and Keswin are the
beneficial owners of 6.0% of the outstanding shares of
Common Stock.
(c) Greenlight has the sole power to vote and dispose of the
608,400 shares of Common Stock beneficially owned by it. As
the principals of Greenlight, Messrs. Einhorn and Keswin may
direct the vote and disposition of the 608,400 shares of
Common Stock beneficially owned by Greenlight.
Item 5 Ownership of Five Percent or Less of a Class.
Inapplicable.
Item 6 Ownership of More Than Five Percent on Behalf of Another Person.
Inapplicable.
Item 7 Identification and Classification of the Subsidiary which
Acquired the Security Being Reported On by the Parent Holding
Company.
Inapplicable.
Item 8 Identification and Classification of Members of the Group.
Inapplicable.
Item 9 Notice of Dissolution of Group.
Inapplicable.
Item 10 Certification.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in
any transaction having that purpose or effect.
Exhibits EXHIBIT 1
Joint Filing Agreement dated April 14, 2000 between Greenlight,
David Einhorn and Jeffrey A. Keswin.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: April 14, 2000
GREENLIGHT CAPITAL, L.L.C.
By: /S/ JEFFREY A. KESWIN
------------------------------
Jeffrey A. Keswin
Managing Member
/S/ DAVID EINHORN
-----------------------------------
David Einhorn
/S/ JEFFREY A. KESWIN
-----------------------------------
Jeffrey A. Keswin
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EXHIBIT 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of
1934, as amended, the undersigned agree to the joint filing on behalf of each of
them of a Statement on Schedule 13G (including any and all amendments thereto)
with respect to the Common Stock, par value $.01 per share, of Agribrands
International, Inc., and further agree that this Joint Filing Agreement shall be
included as an Exhibit to such joint filings.
The undersigned further agree that each party hereto is responsible for
the timely filing of such Statement on Schedule 13G and any amendments thereto,
and for the accuracy and completeness of the information concerning such party
contained therein; provided, however, that no party is responsible for the
accuracy or completeness of the information concerning any other party, unless
such party knows or has reason to believe that such information is inaccurate.
This Joint Filing Agreement may be signed in counterparts with the same
effect as if the signature on each counterpart were upon the same instrument.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of
April 14, 2000.
GREENLIGHT CAPITAL, L.L.C.
By: /S/ JEFFREY A. KESWIN
------------------------------
Jeffrey A. Keswin
Managing Member
/S/ DAVID EINHORN
-----------------------------------
David Einhorn
/S/ JEFFREY A. KESWIN
-----------------------------------
Jeffrey A. Keswin
