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):
March 26, 1996
CONTINENTAL AIRLINES, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-09781 74-2099724
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
2929 Allen Parkway, Suite 2010, Houston, Texas 77019
(Address of principal executive offices) (Zip Code)
(713) 834-2950
(Registrant's telephone number, including area code)
Item 5. Other Events.
On March 26, 1996, Continental Airlines, Inc. issued a press release announcing
that it has closed an offering of $230 million of 6 3/4% Convertible
Subordinated Notes due April 15, 2006.
Attached hereto as Exhibit 99.1, and incorporated herein by reference, is the
Company's March 26, 1996 press release.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
99.1 Press Release, dated March 26, 1996.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, Continental
Airlines, Inc. has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CONTINENTAL AIRLINES, INC.
By /s/ Lawrence W. Kellner
Lawrence W. Kellner
Senior Vice President and
Chief Financial Officer
March 26, 1996
EXHIBIT INDEX
99.1 Press Release, dated March 26, 1996.
CONTINENTAL COMPLETES CONVERTIBLE NOTES OFFERING
March 26, 1996 Houston, Texas: Continental Airlines, Inc. (NYSE:
CAI.B and CAI.A) announced today that it has closed its previously announced
offering of $230 million of 6 3/4% Convertible Subordinated Notes due April 15,
2006. The Notes are convertible into Class B common stock of Continental at an
initial conversion price of $60.39 per share. The net proceeds of the offering
(approximately $222.6 million) will be used by the airline to reduce debt and
for general corporate purposes.
The Notes have been listed on the Luxembourg Stock Exchange. The
securities offered have not been registered under the Securities Act of 1933 and
may not be offered or sold in the United States absent registration or an
applicable exemption from registration requirements.
