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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 16, 1998
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ANCHOR GLASS CONTAINER CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
0-23359 59-3417812
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(Commission File Number) (I.R.S. Employer Identification No.)
One Anchor Plaza, 4343 Anchor Plaza Parkway, Tampa, Florida 33634-7513
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(Address of Principal Executive Offices) (Zip Code)
(813) 884-0000
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(Registrant's Telephone Number, Including Area Code)
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ITEM 5. OTHER EVENTS.
This Current Report on Form 8-K is being filed with the Securities and
Exchange Commission by Anchor Glass Container Corporation (the "Company") for
the purpose of providing the information set forth in a press release issued by
the Company On March 16, 1998, a copy of which is filed as Exhibit 99.1 hereto
and incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS.
(a) Financial Statement of Businesses Acquired.
None.
(b) Pro Forma Financial Information.
None.
(c) Exhibits.
The following exhibits are filed herewith:
99.1 Press Release dated March 16, 1998.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
ANCHOR GLASS CONTAINER CORPORATION
BY: /S/ M. William Lightner
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M. William Lightner
Senior Vice President --- Finance,
Chief Financial Officer and Treasurer
Date: March 16, 1998
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EXHIBIT INDEX
Exhibit
Number Description
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99.1 Press Release dated March 16, 1998.
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TAMPA, FLA., March 16, 1998 - Anchor Glass Container Corporation announced
today that it has completed the private placement of $50,000,000 principal
amount of its 9-7/8% Senior Notes due 2008.
John J. Ghaznavai, Chairman and CEO said: "The proceeds of the sale of
the Senior Notes will be used for expanding Anchor's capacity to meet growing
customer needs and general corporate purposes. Pending such applications, the
Company has used such proceeds to repay outstanding indebtedness under its
existing revolving credit facility."
Anchor Glass Container Corporation is the third largest manufacturer of
glass containers in the United States and is an indirect subsidiary of Consumers
Packaging Inc., a Canadian glass manufacturer.
Contact: John J. Ghaznavi
Chairman and Chief Executive Officer
Anchor Glass Container Corporation
(813) 884-0000
