UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ________)*
Swing-N-Slide Corporation
________________________________________________________________________
(Name of Issuer)
Common
________________________________________________________________________
(Title of Class of Securities)
870775103
_______________________________
(CUSIP Number)
Check the following box if a fee is being paid with this statement
[ ]. (A fee is not required only if the filing person: (1) has a
previous statement on file reporting beneficial ownership of more
than five percent of the class of securities described in Item 1;
and (2) has filed no amendment subsequent thereto reporting
beneficial ownership of five percent or less of such class.) (See
Rule 13d-7.)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.
The information required in the remainder of this cover page shall
not be deemed to be filed for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to
the liabilities of that section of the Act but shall be subject to
all other provisions of the Act (however, see the Notes).
Page 1 of 4 pages
CUSIP No. 870775103
13G
________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Massachusetts Mutual Life Insurance Company
04-1590850
________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP
(A) _______
(B) __x____
________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________
4 CITIZENSHIP OF PLACE OF ORGANIZATION
Commonwealth of Massachusetts
________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF
SHARES 277,583
____________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH not applicable
____________________________________________________
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 277,583
____________________________________________________
8 SHARED DISPOSITIVE POWER
not applicable
________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
277,583
________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES *
not applicable
________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.5%
________________________________________________________________________
12 TYPE OF REPORTING PERSON *
IC (insurance company)
________________________________________________________________________
* SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 4 pages
CUSIP No. 870775103
13G
________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MassMutual Corporate Investors
04-2483041
________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP
(A) _______
(B) __x____
________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________
4 CITIZENSHIP OF PLACE OF ORGANIZATION
Commonwealth of Massachusetts
________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF
SHARES 148,044
____________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH not applicable
____________________________________________________
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 148,044
____________________________________________________
8 SHARED DISPOSITIVE POWER
not applicable
________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
148,044
________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES *
not applicable
________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.9%
________________________________________________________________________
12 TYPE OF REPORTING PERSON *
IV (investment company)
________________________________________________________________________
* SEE INSTRUCTION BEFORE FILLING OUT!
Page 3 of 4 pages
CUSIP No. 870775103
13G
________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MassMutual Participation Investors
04-3025730
________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP
(A) _______
(B) __x____
________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________
4 CITIZENSHIP OF PLACE OF ORGANIZATION
Commonwealth of Massachusetts
________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF
SHARES 74,022
____________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH not applicable
____________________________________________________
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 74,022
____________________________________________________
8 SHARED DISPOSITIVE POWER
not applicable
________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
74,022
________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES *
not applicable
________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.0%
________________________________________________________________________
12 TYPE OF REPORTING PERSON *
IV (investment company)
________________________________________________________________________
* SEE INSTRUCTION BEFORE FILLING OUT!
Page 4 of 4 pages
CUSIP No. 870775103
13G
________________________________________________________________________
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MassMutual Corporate Value Partners Ltd
________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP
(A) _______
(B) __x____
________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________
4 CITIZENSHIP OF PLACE OF ORGANIZATION
Cayman Islands
________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF
SHARES 92,528
____________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH not applicable
____________________________________________________
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 92,528
____________________________________________________
8 SHARED DISPOSITIVE POWER
not applicable
________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
92,528
________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES *
not applicable
________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.2%
________________________________________________________________________
12 TYPE OF REPORTING PERSON *
CO (corporation)
________________________________________________________________________
* SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 3 pages
ITEM 1(a). Name of Issuer: Swing-N-Slide Corporation
ITEM 1(b). Address of Issuer's Principal Executive Offices:
1212 Barberry Drive
Janesville, WI 53545
ITEM 2(a). Name of Person Filing:
This statement is filed on behalf of Massachusetts
Mutual Life Insurance Company, MassMutual Corporate
Investors, MassMutual Participation Investors,
and MassMutual Corporate Value Partners Ltd.
which together may be regarded as a group for the
purpose of this statement. This statement is
signed on behalf of both the aforementioned parties,
and therefore, it does not include a separate
agreement providing for a joint filing.
ITEM 2(b). Address of Principal Business Office:
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
1295 State Street
Springfield, Massachusetts 01111
MASSMUTUAL CORPORATE INVESTORS
1295 State Street
Springfield, Massachusetts 01111
MASSMUTUAL PARTICIPATION INVESTORS
1295 State Street
Springfield, Massachusetts 01111
MASSMUTUAL CORPORATE VALUE PARTNERS LTD.
Cayman Islands
ITEM 2(c). Citizenship
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY is
organized under the laws of the Commonwealth of Massachusett
MASSMUTUAL CORPORATE INVESTORS is
organized under the laws of the Commonwealth of Massachusett
MASSMUTUAL PARTICIPATION INVESTORS is
organized under the laws of the Commonwealth of Massachusett
MASSMUTUAL CORPORATE VALUE PARTNERS LTD. is
organized under the laws of Cayman Islands
ITEM 2(d). Title of Class of Securities: Common Stock
ITEM 2(e). CUSIP NUMBER: 870775103
ITEM 3. This statement is filed pursuant to Rule 13d-1(b) by
Massachusetts Mutual Life Insurance Company,
an insurance company as defined in Section 3(a)(19),
MassMutual Corporate Investors, an investment
company registered under Section 8 of the Investment
Company Act of 1940, MassMutual Participation
Investors, an investment company registered
under Section 8 of the Investment Company Act
of 1940, and MassMutual Corporate Value Partners
Ltd., a corporation which together may be
regarded as a group pursuant to Rule
13d-1(b) (ii) (H).
ITEM 4. Ownership:
This statement if filed to report information as of
March 13, 1997:
(a) Amount Beneficially Owned:
Massachusetts Mutual Life Insurance Company,
MassMutual Corporate Investors, MassMutual
Participation Investors, and MassMutual Corporate
Value Partners Ltd. own respectively 277,583,
148,044, 74,022, and 92,528 warrants
exercisable into equal amounts of common stock.
Total shares of common stock owned directly and
indirectly: 592,177.
The filing of this statement shall not be construed
as an admission that Massachusetts Mutual Life
Insurance Company, MassMutual Corporate Investors,
MassMutual Participation Investors, and MassMutual
Corporate Value Partners Ltd. are for the purposes
of sections 13(d) and 13(g) of the Securities
Exchange Act of 1934, the beneficial owners of any
common stock of the issuer.
(b) Percent of Class:
Percentage of ownership is calculated as follows:
592,177, (shares held) / 20,799,133 (shares outstanding)
+ 591,177 (shares from warrants) = 7.2%
(c) Powers:
Massachusetts Mutual Life Insurance Company,
MassMutual Corporate Investors, MassMutual
Participation Investors, and MassMutual Corporate
Value Partners Ltd. have sole power to vote or
dispose of respectively 277,583, 148,044, 74,022
and 92,528 shares of common stock.
ITEM 5. Ownership of Five Percent or Less of a Class:
Not applicable
ITEM 6. Ownership of More Than Five Percent on Behalf
of Another Person:
Not applicable
ITEM 7. Identification and Classification of the
Subsidiary Which Acquired the Security Being
Reported on by the Parent Holding Company:
Note applicable
ITEM 8. Identification and Classification of Members
of the Group:
not applicable
ITEM 9. Notice of Dissolution of the Group:
Not applicable
ITEM 10. Certification:
By signing below, MASSACHUSETTS MUTUAL LIFE
INSURANCE COMPANY, MASSMUTUAL CORPORATE
INVESTORS, MASSMUTUAL PARTICIPATION
INVESTORS and MASSMUTUAL CORPORATE VALUE
PARTNERS LTD. certify to the best of their
knowledge and belief, the securities referred to
above were acquired in the ordinary course of
business and were not acquired for the purpose of
and do not have the effect of changing or
influencing the control of the issuer of such
securities and were not acquired in connection
with or as a participant in any transaction having
such purpose or effect.
Signature
---------
After reasonable inquiry and to the best of knowledge
and belief, MASSACHUSETTS MUTUTAL LIFE INSURANCE
COMPANY, MASSMUTUAL CORPORATE INVESTORS,
MASSMUTUAL PARTICIPATION INVESTORS, and
MASSMUTUAL CORPORATE VALUE PARTNERS
LTD. certify that the information set forth in this
statement is true, complete and correct.
March 28, 1997 March 28, 1997
_____________________ _____________________
Date Date
MASSACHUSETTS MUTUAL MASSMUTUAL CORPORATE
LIFE INSURANCE COMPANY INVESTORS
By: signature By: signature
Richard C. Morrison Richard C. Morrison
Vice President Vice President
_________________________ _________________________
(Print Name and Title (Print Name and Title
of Person Signing) of Person Signing)
March 28, 1997 March 28, 1997
_____________________ _____________________
Date Date
MASSMUTUAL PARTICIPATION MASSMUTUAL CORPORATE
INVESTORS VALUE PARTNERS LTD.
By: signature By: signature
Richard C. Morrison Richard C. Morrison
Vice President Vice President
_________________________ _________________________
(Print Name and Title (Print Name and Title
of Person Signing) of Person Signing)