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):
December 4, 1996
Coltec Industries Inc
(Exact name of registrant as specified in its charter)
Pennsylvania 1-7568
13-1846375
(State or other juris- (Commission
(I.R.S. Employer
diction of incorporation) File Number)
Identification No.)
3 Colisuem Centre, 2550 West Tyvola Road, Charlotte, North
Carolina 28217
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code:
(704) 423-7000
<PAGE>
Item 5. Other Events.
On December 4, 1996, the Registrant issued a press release
announcing that consents from the holders of more than a
majority in principal amount of its 9 3/4% Senior Notes due
1999, its 9 3/4% Senior Notes due 2000 and its
10 l/4% Senior Subordinated Notes due 2002 to certain amendments
to the Indentures relating to each series of such Notes were
received on or before December 4, 1996 and not revoked.
Consents to these amendments were solicited by Coltec pursuant
to its Offer to Purchase and Consent Solicitation Statement
dated November 20, 1996.
As a result, the Consent Date (as defined in the Offer to
Purchase and Consent Solicitation Statement) with respect to
each series of Notes will be 12:00 midnight, New York City time,
on December 5, 1996. A copy of the Registrant's press release is
attached hereto as an exhibit and is incorporated herein by
reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
99. Press release, dated December 4, 1996, announcing
that consents from the holders of more than a
majority in principal amount of its 9 3/4% Senior Notes due
1999, its
9 3/4% Senior Notes due 2000 and its 10 l/4%
Senior Subordinated Notes due 2002 to certain
amendments to the Indentures relating to each series of such
Notes were received on or before December 4, 1996
and not revoked. Consents to these amendments were
solicited by Coltec pursuant to its Offer to Purchase and
Consent Solicitation Statement dated November 20,
1996. As a result, the Consent Date (as defined in the Offer to
Purchase and Consent Solicitation Statement) with respect to
each series of Notes will be 12:00 midnight, New
York City time, on December 5, 1996.
<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 hereunto duly authorized.
Coltec Industries Inc
Registrant
/s/ Robert J. Tubbs
Date: December 9, 1996 By: Name: Robert
J. Tubbs
Title: Senior Vice
President
<PAGE>
Exhibit 99
COLTEC RECEIVES MAJORITY OF CONSENTS IN TENDER OFFER
Charlotte, NC, December 4, 1996 -- Coltec Industries Inc
announced today that, as of 4 p.m., consents from the holders of
more than a majority in principal amount of its 9 3/4% Senior
Notes due 1999, its 9 3/4% Senior Notes due 2000 and its 10 l/4%
Senior Subordinated Notes due 2002 to certain amendments to the
Indentures relating to each series of such Notes were received
on or before December 4, 1996 and not revoked. Consents to
these amendments were solicited by Coltec pursuant to its Offer
to Purchase and Consent Solicitation Statement dated November
20, 1996.
As a result, the Consent Date (as defined in the Offer to
Purchase and Consent Solicitation Statement) with respect to
each series of Notes will be 12:00 midnight, New York City time,
on December 5, 1996. Holders of Notes who wish to receive the
applicable Consent Payment upon consummation of the tender offer
must tender their Notes and related Consents to The Bank of New
York, as Depositary, at or prior to 12:00 midnight, New York
City time, on December 5, 1996.
The tender offer will expire at 12:00 midnight, New York City
time, on December 18, 1996, unless extended. Consummation of
the offer, and payment of the applicable Tender Offer
Consideration and Consent Payments, is subject to satisfaction
of various conditions, including an amendment to the Company's
existing credit facility or the replacement of such credit
facility.
Lehman Brothers Inc. and NationsBanc Capital Markets, Inc. are
dealer managers for the tender offer and consent solicitation,
and D. F. King & Co., Inc. is the information agent.
Coltec Industries is a diversified manufacturing company serving
primarily aerospace and general industrial markets.
