SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 6, 2000
Commission file numbers 333-42411 and 333-42411-01
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Glenoit Corporation
(Exact name of registrant as specified in its charter)
Delaware 13-3862561
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
Glenoit Asset Corporation
(Exact name of registrant as specified in its charter)
Delaware 51-0343206
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
111 West 40th Street
New York, New York 10018
Telephone: (212) 391-3915
(Address, including zip code, and telephone number, including area code, of
Registrant's principal executive offices)
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Item 5. Other Events
On July 6, 2000, the Company commenced a tender offer and consent
solicitation from all Noteholders of its 11% Senior Subordinated Notes which
will provide for the payment to the Noteholders of 17% of the face amount of
principal outstanding (or in the absence of such cash payment, the surrender of
substantially all the equity of the Company). This Form 8-K/A amends the Form
8-K filed on July 11, 2000 to include the documents that have been delivered to
the Noteholders as part of the tender offer and consent solicitation.
Item 7. Financial Statements and Exhibits
(a) and (b) Not applicable
(c) The exhibits furnished in connection with this Report are as
follows:
Exhibit Number Description
-------------- -----------
99.1 Company Press Release dated July 10, 2000 is incorporated by
reference to Exhibit 99.1 as filed on Form 8-K on July 11,
2000.
99.2 Tender Offer and Solicitation of Consents for the Proposed
Amendments to the Indenture
99.3 Annex A - Disclosure Statement including Appendix A and
Appendix B
99.4 Annex B - Ballot for Beneficial Owners of 11% Senior
Subordinated Notes Accepting or Rejecting the Prepackaged Plan
of Reorganization to be filed by Glenoit Corporation and
Certain Affiliates in the event Chapter 11 cases are commenced
on their behalf
99.5 Annex C - Master Ballot for Brokers, Proxy Intermediaries or
other Nominees Accepting or Rejecting the Prepackaged Plan of
Reorganization to be filed by Glenoit Corporation and Certain
Affiliates in the event Chapter 11 cases are commenced on
their behalf
99.6 Annex D - Letter of Transmittal
99.7 Annex E - Notice of Guaranteed Delivery
99.8 Annex F - Offer to Purchase for Cash Any and All Outstanding
11% Senior Subordinated Notes Due 2007 and Solicitation of
Consents for Proposed Amendments to the Indenture
99.9 Annex G - Offer to Purchase for Cash Any and All Outstanding
11% Senior Subordinated Notes Due 2007 and Solicitation of
Consents for Proposed Amendments to the Indenture
99.10 Annex H - Guidelines for Certification of Taxpayer
Identification Number on Substitute Form W-9
99.11 Annex I - Supplemental Indenture
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
Date July 12, 2000
GLENOIT CORPORATION
By /S/ LESTER D. SEARS
-----------------------------
Lester D. Sears
Executive Vice President and
Chief Financial Officer
(On behalf of the Registrant and as Principal
Financial and Accounting Officer)
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
Dated: July 12, 2000
GLENOIT ASSET CORPORATION
By /S/ LESTER D. SEARS
-----------------------------
Lester D. Sears
Executive Vice President and
Chief Financial Officer
(On behalf of the Registrant and as Principal
Financial and Accounting Officer)
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