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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b),(c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 1)(1)
The Elder-Beerman Stores Corp.
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(Name of Issuer)
Common Stock, no par value
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(Title of Class of Securities)
284470101
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(CUSIP Number)
February 11, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
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(1) 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 coverage 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 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).
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CUSIP NO. 284470101 13G PAGE 2 OF 9 PAGES
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
PPM America Special Investments Fund, L.P.; I.D. No. 36-4086849
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[_]
(b)[X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5. SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 670,402
OWNED BY
EACH ------------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON WITH None
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8. SHARED DISPOSITIVE POWER
670,402
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
670,402
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
[_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.26%
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12. TYPE OF REPORTING PERSON
PN
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CUSIP NO. 284470101 13G PAGE 3 OF 9 PAGES
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
PPM America Fund Management GP, Inc.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[_]
(b)[X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5. SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 670,402(2)
OWNED BY
EACH ------------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON WITH None
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8. SHARED DISPOSITIVE POWER
670,402(2)
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
670,402(2)
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
[_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.26%
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12. TYPE OF REPORTING PERSON
CO
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(2) All of the securities covered by this report are owned legally by
PPM America Special Investments Fund, L.P., and none are owned directly
or indirectly by PPM America Fund Management GP, Inc. As permitted by
Rule 13d-4, the filing of this statement shall not be construed as an
admission that PPM America Fund Management GP, Inc. is the beneficial
owner of any of the securities covered by this statement.
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CUSIP NO. 284470101 13G PAGE 4 OF 9 PAGES
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
PPM America Special Investments CBO II, L.P.; I.D. No. 98-0179401
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[_]
(b)[X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5. SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 116,363
OWNED BY
EACH ------------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON WITH None
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8. SHARED DISPOSITIVE POWER
116,363
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
116,363
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.74%
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12. TYPE OF REPORTING PERSON
PN
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CUSIP NO. 284470101 13G PAGE 5 OF 9 PAGES
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
PPM America CBO II Management Company
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[_]
(b)[X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5. SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 116,363(3)
OWNED BY
EACH ------------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON WITH None
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8. SHARED DISPOSITIVE POWER
116,363(3)
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
116,363(3)
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.74%
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12. TYPE OF REPORTING PERSON
CO
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(3) All of the securities covered by this report are owned legally by
PPM America Special Investments CBO II, L.P., and none are owned directly
or indirectly by PPM America CBO II Management Company. As permitted by
Rule 13d-4, the filing of this statement shall not be construed as an
admission that PPM America CBO II Management Company is the beneficial
owner of any of the securities covered by this statement.
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CUSIP NO. 284470101 13G PAGE 6 OF 9 PAGES
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
PPM America, Inc.; I.D. No. 36-3714794
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[_]
(b)[X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5. SOLE VOTING POWER
NONE
NUMBER OF ------------------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 786,765(4)
OWNED BY
EACH ------------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON WITH NONE
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8. SHARED DISPOSITIVE POWER
786,765(4)
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
786,765(4)
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.003%
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12. TYPE OF REPORTING PERSON
IA
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(4) All of the securities covered by this report are owned legally by PPM
America, Inc.'s investment advisory clients and none are owned directly or
indirectly by PPM America, Inc. As permitted by Rule 13d-4, the filing of
this statement shall not be construed as an admission that PPM America, Inc.
is the beneficial owner of any of the securities covered by this statement.
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Item 1(a) Name of Issuer:
The Elder-Beerman Stores Corp. (the "Issuer")
Item 1(b) Address of Issuer's Principal Executive Offices:
3155 El-Bee Road
Dayton, Ohio 45401
Item 2(a) Name of Person(s) Filing:
(1) PPM America Special Investments Fund, L.P. ("SIF I")
(2) PPM America Special Investments CBO II, L.P. ("CBO II")
(3) PPM America, Inc. ("PPM")
(4) PPM America Fund Management GP, Inc. ("SIF I GP")
(5) PPM America CBO II Management Company ("CBO II GP")
Item 2(b) Address of Principal Business Office:
The address for SIF I, CBO II, PPM, SIF I GP and CBO II GP is:
225 West Wacker Drive, Suite 1100A
Chicago, Illinois 60606
Item 2(c) Citizenship:
Delaware
Item 2(d) Title of Class of Securities:
Common Stock, no par value (the "Securities")
Item 2(e) CUSIP Number:
284470101
Item 3 If this statement is filed pursuant to Rule 13d-1(c) check this
box. [X]
This statement is also being filed by PPM as a
registered investment adviser to SIF I and CBO II,
and by SIF I GP and CBO II GP, solely in their capacity
as the general partner of SIF I and CBO II, respectively.
All of the securities covered by this report are owned
legally by PPM's investment advisory clients and none are
owned directly or indirectly by PPM, SIF I GP or CBO II GP.
As permitted by Rule 13d-4, the filing of this statement shall
not be construed as an admission that each of PPM, SIF I GP
or CBO II GP is the beneficial owner of any of the securities
covered by this statement.
Item 4 Ownership:
(a) Amount beneficially owned by:
SIF I: 670,402 shares
SIF I GP: 670,402 shares(5)
CBO II: 116,363 shares
CBO II GP: 116,363 shares(5)
PPM: 786,765 shares(5)
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(5) All of the securities covered by this report are owned legally by PPM's
investment advisory clients and none are owned directly or indirectly by
PPM, SIF I GP or CBO II GP. As permitted by Rule 13d-4, the filing of this
statement shall not be construed as an admission that each of PPM, SIF I GP
or CBO II GP is the beneficial owner of any of the securities covered by
this statement.
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(b) Percent of class by:
SIF I: 4.26%
SIF I GP: 4.26%(6)
CBO II: 0.74%
CBO II GP: 0.74%(6)
PPM: 5.003%(6)
(c) Number of shares to which such person has:
(i) sole power to vote or to direct the vote: -0-
(ii) shared power to vote or to direct the vote by:
SIF I: 670,402 shares
SIF I GP: 670,402 shares(6)
CBO II: 116,363 shares
CBO II GP: 116,363 shares(6)
PPM: 786,765 shares(6)
(iii)sole power to dispose or to direct the disposition of: -0-
(iv) shared power to dispose or to direct the disposition
of by:
SIF I: 670,402 shares
SIF I GP: 670,402 shares(6)
CBO II: 116,363 shares
CBO II GP: 116,363 shares(6)
PPM: 786,765 shares(6)
(6) All of the securities covered by this report are owned legally by PPM's
investment advisory clients and none are owned directly or indirectly by
PPM, SIF I GP or CBO II GP. As permitted by Rule 13d-4, the filing of this
statement shall not be construed as an admission that each of PPM, SIF I GP
or CBO II GP is the beneficial owner of any of the securities covered by
this statement.
Item 5 Ownership of Five Percent or Less of a Class:
Not Applicable (N/A)
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
N/A
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported by the Parent Holding
Company:
N/A
Item 8 Identification and Classification of Members of the Group:
N/A
Item 9 Notice of Dissolution of the Group:
N/A
Item 10 Certification:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and
are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
Signature
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After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
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PPM AMERICA SPECIAL INVESTMENTS PPM AMERICA SPECIAL INVESTMENTS
FUND, L.P. CBO II, L.P.
By: PPM America, Inc., By: PPM America, Inc.,
as Attorney-in-Fact as Attorney-in-Fact
By: /s/ BRIAN T. SCHINDERLE By: /s/ BRIAN T. SCHINDERLE
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Name: Brian T. Schinderle Name: Brian T. Schinderle
Title: Senior Managing Director Title: Senior Managing Director
PPM AMERICA FUND MANAGEMENT GP, INC. PPM AMERICA, INC.
By: PPM America, Inc., By: /s/ BRIAN T. SCHINDERLE
as Attorney-in-Fact -----------------------------
Name: Brian T. Schinderle
By: /s/ F. JOHN STARK, III Title: Senior Managing Director
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Name: F. John Stark, III
Title: Senior Vice President
and Secretary
PPM AMERICA CBO II MANAGEMENT COMPANY
By: PPM America, Inc.,
as Attorney-in-Fact
By: /s/ F. JOHN STARK, III
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Name: F. John Stark, III
Title: Senior Vice President
and Secretary
Dated: February 22, 1999
Joint Filing Agreement
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In accordance with Rule 13d-1(f) under the Securities Exchange Act of
1934, the persons or entities named below agree to the joint filing on behalf of
each of them of this Amendment No. 1 to Schedule 13G with respect to the
Securities of the Issuer and further agree that this joint filing agreement be
included as an exhibit to this Amendment No. 1 to Schedule 13G. In evidence
thereof, the undersigned hereby execute this Agreement as of the 22nd day of
February, 1999.
PPM AMERICA SPECIAL INVESTMENTS PPM AMERICA SPECIAL INVESTMENTS
FUND, L.P. CBO II, L.P.
By: PPM America, Inc., By: PPM America, Inc.,
as Attorney-in-Fact as Attorney-in-Fact
By: /s/ Brian T. Schinderle By: /s/ Brian T. Schinderle
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Name: Brian T. Schinderle Name: Brian T. Schinderle
Title: Senior Managing Director Title: Senior Managing Director
PPM AMERICA FUND MANAGEMENT GP, INC. PPM AMERICA, INC.
By: PPM America, Inc., By: /s/ BRIAN T. SCHINDERLE
as Attorney-in-Fact -----------------------------
Name: Brian T. Schinderle
By: /s/ F. JOHN STARK, III Title: Senior Managing Director
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Name: F. John Stark, III
Title: Senior Vice President
and Secretary
PPM AMERICA CBO II MANAGEMENT COMPANY
By: PPM America, Inc.,
as Attorney-in-Fact
By: /s/ F. JOHN STARK, III
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Name: F. John Stark, III
Title: Senior Vice President
and Secretary
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