UNITED STATES
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): April 13, 2000
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SFC New Holdings, Inc.
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(Exact name of registrant as specified in its charter)
State of Delaware 33-383063 52-2173533
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(State or other jurisdiction (Commission File No.) (I.R.S. Employer
of incorporation or organization) Identification No.)
520 Lake Cook Road, Suite 550, Deerfield, IL 60015
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (847) 405-5300
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ITEM 5. OTHER EVENTS
On April 13, 2000, SFC New Holdings, Inc. ("SFC"), a
subsidiary of SFAC New Holdings, Inc., announced that it
will offer to purchase, in two separate offers, (i) any and all of its $150
million issue of 12 1/8% Senior Notes and (ii) $54 million of its
11 1/4% Senior Notes. Each offer will be made for a cash purchase price
of 100% of the principal amount, plus accrued and unpaid interest,
if any. SFC plans to initiate the tender offers on or about April 14, 2000
and will keep each offer open for twenty business days. In the event that
the aggregate principal amount of the tendered 11 1/4% Senior Notes
surrendered by the holders thereof exceeds the $54 million amount,
the 11 1/4% Senior Notes shall be selected for tender on
a pro rata basis. Any notes not tendered or returned in
the tender offers will remain obligations of SFC and will
continue to accrue interest and have all of the benefits
of the indenture pursuant to which such notes were
issued.
SIGNATURES
Pursuant to requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly
authorized.
SFC NEW HOLDINGS, INC
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(Registrant)
Date: April 13, 2000 By: /s/ Robert L. Fishbune
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Robert L. Fishbune
Vice President and
Chief Financial
Officer
