SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): May 19, 1998
UNITED STATES FILTER CORPORATION
(Exact name of registrant as specified in charter)
Delaware 1-10728 33-0266015
(State or other jurisdiction (Commission (IRS Employer
of incorporation) file number) Identification No.)
40-004 COOK STREET, PALM DESERT, CALIFORNIA 92211
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (760) 340-0098
Page 1 of 5 pages.
Exhibit Index on Page 4.
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ITEM 5. OTHER EVENTS
The Registrant's Press Release dated May 20, 1998 is filed herewith
and incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits. The following exhibit is filed as part of this Current
Report on Form 8-K:
Exhibit
Description No.
----------- -------
Press Release dated May 20, 1998 99.1
Page 2 of 5 pages.
<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.
UNITED STATES FILTER CORPORATION
By:/s/ Damian C. Georgino
-------------------------
Damian C. Georgino
Executive Vice President,
General Counsel and
Corporate Secretary
Dated: June 1, 1998
Page 3 of 5 pages.
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EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION PAGE NO.
- ------- ----------- --------
99.1 Press Release dated 5
May 20, 1998
Page 4 of 5 pages.
Exhibit 99.1
United States Filter Corporation Completes $900 Million
Debt Offering
PALM DESERT, Calif., May 20 -- United States Filter Corporation
(NYSE: USF) announced today that it has issued $900 million of Remarketable or
Redeemable Securities ("ROARS") to qualified institutional buyers, as defined in
Rule 144A under the U.S. Securities Act of 1933, as amended.
These senior unsecured debt securities are being issued in two tranches,
$500 million 6.375 % ROARS, due 2011, and $400 million 6.5 % ROARS, due 2013.
The Company intends to use the net proceeds to refinance existing
indebtedness under the Company's senior credit facility, to repay a portion of
the outstanding indebtedness of Culligan Water Technologies, Inc., after the
pending acquisition of Culligan is completed, and for general corporate
purposes.
The issuance of the ROARS by U.S. Filter will not be, and has not been,
registered under the Securities Act and the ROARS may not be offered or sold in
the United States absent registration or applicable exemption from the
registration requirements of the Securities Act.
United States Filter Corporation is based in Palm Desert, Calif. With
annualized revenues of over $3.5 billion, U.S. Filter is the leading global
provider of commercial, industrial, municipal and residential water and
wastewater treatment systems, products and services with an installed base U.S.
Filter believes is the largest worldwide. In addition, U.S. Filter has the
industry's largest network of sales and service facilities through over 600
locations, including 90 manufacturing plants in 33 countries.
U.S. Filter is also a leading provider of outsourced water services,
including the operation of water and wastewater treatment systems at customer
sites. It is also actively involved in the development of privatization
initiatives for municipal water treatment facilities in the United States,
Canada and Mexico. U.S. Filter invites you to visit its web site at
http://www.usfilter.com.
SOURCE United States Filter Corporation
Web Site: http://www.usfilter.com
Page 5 of 5 pages.
