CORECOMM LTD
8-K, 1999-09-29
RADIOTELEPHONE COMMUNICATIONS
Previous: CORGENIX MEDICAL CORP/CO, 10KSB, 1999-09-29
Next: SUNBURST ACQUISITIONS VII INC, 10KSB, 1999-09-29








                       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) SEPTEMBER 15, 1999


                                CORECOMM LIMITED
               (Exact Name of Registrant as Specified in Charter)


Bermuda                            0-24521                     Not Applicable
- -------------------------------------------------------------------------------
(State or Other Jurisdiction     (Commission                (IRS Employer
 of Incorporation)                File Number)               Identification No.)



Cedar House, 41 Cedar Ave., Hamilton, Bermuda                      HM12
- ------------------------------------------------------------------------------
(Address of Principal Executive Offices)                        (Zip Code)


Registrant's Telephone Number, including area code    (441) 295-2244
                                                  ----------------------



          -------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)
<PAGE>

Item 5.        Other Events.
- -------        -------------

     (A) On September 17, 1999 CoreComm Limited  ("CoreComm") changed its Nasdaq
National Market System ticker symbol from "COMMF" to "COMM".

     (B) On September 23, 1999 CoreComm announced that it intended to commence a
private placement of Convertible  Subordinated Notes Due 2006 (the "Convertible
Notes").  The  Company  intends to raise  approximately  $125  million of gross
proceeds from the sale of the  Convertible  Notes to be used for working capital
and other general corporate purposes.



Item 7.        Financial Statements and Exhibits.
- -------        ----------------------------------


                  Exhibits

99.1           Press Release, issued September 15, 1999

99.2           Press Release, issued September 23, 1999






<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 thereunto duly authorized.


                                   CORECOMM LIMITED
                                   (Registrant)


                                   By: /s/Richard J. Lubasch
                                      -----------------------
                                   Name:  Richard J. Lubasch
                                   Title: Senior Vice President, General Counsel
                                           and Secretary


Dated:   September 28, 1999



<PAGE>

                                  EXHIBIT INDEX
                                  -------------



Exhibit                                                         Page
- -------                                                         ----

99.1     Press Release, issued September 15, 1999

99.2     Press Release, issued September 23, 1999





                                                                 Exhibit 99.1


             CORECOMM LIMITED CHANGES NASDAQ TICKER SYMBOL TO "COMM"


     New York,  New York,  (September  15,  1999) - CoreComm  Limited  ("COMMF")
announced today that its Nasdaq National Market System ticker symbol will change
from  "COMMF" to "COMM".  The change  will be  effective  at the  opening of the
market on Friday, September 17, 1999.


                                     ******

     For  further  information  please  contact  Kathleen  Makrakis,  Director -
Investor Relations at (212) 906-8457.

                                                                   Exhibit 99.2

                 CORECOMM LIMITED ANNOUNCES PRIVATE PLACEMENT OF
                         CONVERTIBLE SUBORDINATED NOTES

     New York, New York; (September 23, 1999) - CoreComm Limited (NASDAQ:"COMM")
announced  that it  intends  to  commence  a private  placement  of  Convertible
Subordinated  Notes Due 2006 (the "Convertible  Notes").  The Company intends to
raise  approximately  $125  million  of  gross  proceeds  from  the  sale of the
Convertible  Notes. The proceeds from the sale of the Convertible  Notes will be
used for working capital and other general corporate  purposes.  The Convertible
Notes will not be and have not been registered under the Securities Act of 1933,
as amended (the  "Securities  Act"), or any state securities laws, and unless so
registered,  may not be offered or sold except pursuant to an exemption from, or
in a transaction not subject to, the registration requirements of the Securities
Act and applicable  state securities laws.  Accordingly,  the Convertible  Notes
will be  offered  and sold  within  the  United  States  under Rule 144A only to
"qualified institutional buyers".


                                      *****



     For further information contact: Michael A. Peterson,  Director - Corporate
Development;  Kathleen  Makrakis,  Director-Investor  Relations  or  Richard  J.
Lubasch, Senior Vice President - General Counsel (212)-906-8457




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission