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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): October 11, 2000
METALLURG HOLDINGS, INC.
(Exact Name of Registrant as Specified in its Charter)
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<S> <C> <C>
Delaware 333-60077 23-2967577
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(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification Number)
Incorporation)
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Building 400
435 Devon Park Drive
Wayne, Pennsylvania 19087
(Address of Principal Executive Offices)
Registrant's telephone number, including area code:
(610) 293-0838
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ITEM 5. PURCHASE OF NOTES OF REGISTRANT.
On October 17, 2000, Metallurg, Inc., a wholly-owned subsidiary of
Registrant, purchased $76,065,000 in face amount of Registrant's 12.75% Senior
Discount Notes due 2008 (the "Notes") for approximately $20 million in cash. The
Notes were purchased on the open market in several separately negotiated
transactions. On a consolidated basis, Registrant will recognize an
extraordinary gain of approximately $34 million on the cancellation of
indebtedness.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
None.
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.
METALLURG HOLDINGS, INC.
Date: October 26, 2000 By: /s/ Arthur R. Spector
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Name: Arthur R. Spector
Title: Executive Vice President &
Chief Financial Officer