SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ____)*
Avteam, Inc.
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(Name of Issuer)
Common Stock, Class A, par value $.01
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(Title of Class of Securities)
054527205
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(CUSIP Number)
September 30, 1998
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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:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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>
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CUSIP No. 054527205 13G Page 2 of 7 Pages
- ----------------------- -------------------------
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Credit Suisse First Boston, on behalf of the
Credit Suisse First Boston business unit
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See instructions)
(a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Switzerland
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5 SOLE VOTING POWER
NUMBER OF
0
------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY
1,188,555
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON
0
------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
1,188,555
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,188,555
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10 CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES (See Instructions)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.1%
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12 TYPE OF REPORTING PERSON (See Instructions)
BK, HC, OO
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<PAGE>
Item 1.
(a) Name of Issuer:
Avteam, Inc.
(b) Address of Issuer's Principal Executive Offices:
3230 Executive Way, Miramar, Florida 33025
Item 2.
(a) Name of Person Filing:
Credit Suisse First Boston, on behalf of Credit
Suisse First Boston business unit. See Schedule I.
(b) Address or Principal Office or, if none, Residence:
Uetlibergstrasse 231, P.O. Box 900, CH-8045 Zurich,
Switzerland
(c) Citizenship:
Switzerland
(d) Title of Class of Securities:
Common Stock, Class A, par value $.01 (the
"Common Stock")
(e) CUSIP Number:
054527205
Item 3. If this statement is filed pursuant to sections
240.13d-1(b) or 240.13d-2(b) or (c), check
whether the person filing is a(n):
(a) [ ] Broker or dealer registered under section 15
of the Act (15 U.S.C. 78o);
(b) [X] Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c);
(c) [ ] Insurance company as defined in section
3(a)(19) of the Act (15 U.S.C. 78c);
Page 3 of 7 Pages
<PAGE>
(d) [ ] Investment company registered under section 8
of the Investment Company Act of 1940
(15 U.S.C. 80a-8);
(e) [ ] Investment adviser in accordance with
section 240. 13d-1(b)(1)(ii)(E);
(f) [ ] Employee benefit plan or endowment fund in
accordance with section 240.13d-1(b)(1)(ii)(F);
(g) [X] Parent holding company or control person in
accordance with section 240.13d-1(b)(1)(ii)(G);
(h) [ ] Savings association as defined in section 3(b)
of the Federal Deposit Insurance Act (12 U.S.C.
1813);
(i) [ ] Church plan that is excluded from the
definition of an investment company under
section 3(c)(14) of the Investment Company Act
of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with section
240.13d-1(b)(1)(ii)(J).
Item 4. Ownership.
(a) Amount beneficially owned:
See response to Item 9 on the attached cover
pages.
(b) Percent of class:
See response to Item 11 on the attached cover
pages.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
See response to Item 5 on the attached
cover pages.
(ii) shared power to vote or to direct the
vote: See response to Item 6 on the
attached cover pages.
(iii) sole power to dispose or to direct the
disposition of: See response to Item 7 on
the attached cover pages.
(iv) shared power to dispose or to direct the
disposition of: See response to Item 8 on
the attached cover pages.
Page 4 of 7 Pages
<PAGE>
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.
See Schedule I.
Item 8. Identification and Classification of Members of the
Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Page 5 of 7 Pages
<PAGE>
Item 10. Certification.
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above
were acquired and are held in the ordinary course of
business and 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
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.
Dated: October 13, 1998
CREDIT SUISSE FIRST BOSTON, acting
solely on behalf of the Credit Suisse
First Boston business unit
By /s/ Ray Dorado
---------------------------
Name: Ray Dorado
Title: Director
Page 6 of 7 Pages
<PAGE>
Schedule I
This Schedule 13G is being filed by Credit Suisse First Boston
(the "Bank"), a Swiss Bank, on behalf of itself and its
consolidated subsidiaries, to the extent that they constitute
part of the Credit Suisse First Boston business unit (the "CSFB
business unit" or the "Reporting Person"). The CSFB business unit
is engaged in the corporate and investment banking, trading
(equity, fixed income and foreign exchange), private equity
investment and derivatives businesses on a worldwide basis. The
Bank's registered head office is located at Uetlibergstrasse 231,
P.O. Box 900, CH-8045 Zurich, Switzerland. The Bank and its
consolidated subsidiaries engage in other separately managed
activities, most of which constitute the independently operated
Credit Suisse Asset Management business unit; the Credit Suisse
Asset Management business unit provides asset management and
investment advisory services to institutional investors
worldwide.
Credit Suisse First Boston Corporation ("CSFBC"), a Massachusetts
corporation, a broker-dealer registered under Section 15 of the
Securities Exchange Act of 1934 and an indirect majority owned
subsidiary of the Bank, directly beneficially owns the securities
reported herein. The principal business office of CSFBC is 11
Madison Avenue, New York, New York 10010. CSFBC is a wholly owned
subsidiary of Credit Suisse First Boston, Inc. ("CSFBI"), a
Delaware corporation. The Bank owns a majority of the voting
stock of CSFBI. The ultimate parent company of the Bank and
CSFBI, and the owner of the remainder of the voting stock of
CSFBI, is Credit Suisse Group ("CSG"), a corporation formed under
the laws of Switzerland. The principal business of CSG is acting
as a holding company for a global financial services group with
five distinct specialized business units that are independently
operated. In addition to the two business units referred to
above, CSG and its consolidated subsidiaries (other than the Bank
and its subsidiaries) are comprised of (a) the Credit Suisse
Private Bank business unit that engages in the global private
banking business; (b) the Credit Suisse business unit that
engages in the Swiss domestic banking business and (c) the
Winterthur business unit that engages in the global insurance
business. CSG's business address is Paradeplatz 8, Postfach 1,
CH-8070, Zurich, Switzerland.
CSG, for purposes of federal securities laws, may be deemed
ultimately to control the Bank and the CSFB business unit. CSG,
its executive officers and directors, and its direct and indirect
subsidiaries (including all of the business units except the CSFB
business unit), may beneficially own shares of Common Stock, and
such shares are not reported in this statement. Due to the
separate management and independent operation of its business
units, CSG disclaims beneficial ownership of shares of Common
Stock beneficially owned by its direct and indirect subsidiaries,
including the Reporting Person. The Reporting Person disclaims
beneficial ownership of shares of Common Stock beneficially owned
by CSG and any of CSG's and the Bank's other business units.
Page 7 of 7 Pages
