UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ___________)*
Income Opportunities Fund 2000, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
45333Q105
------------------------------
(CUSIP Number)
June 30, 1999
------------------------------
(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>
SEC 1745 (2/92)
CUSIP No. 45333Q105 13G Page 2 of 5 Pages
--------- --- ---
________________________________________________________________________________
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
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Switzerland
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES - 0 -
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
1,108,100 shares of Common Stock, par value $0.01 per share,
OWNED BY at 6/14/99 and 1,229,700 shares at 8/16/99
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING - 0 -
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
1,108,100 shares of Common Stock, par value $0.01 per share,
WITH at 6/14/99 and 1,229,700 shares at 8/16/99
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,108,100 shares of Common Stock, par value $0.01 per share, at 6/14/99 and
1,229,700 shares at 8/16/99
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.0% at 6/14/99 and 11.1% at 8/16/99
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
BK, HC, OO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
________________________________________________________________________________
Item 1.
(a) Name of Issuer:
Income Opportunities Fund 2000, Inc.
(b) Address of Issuer's Principal Executive Offices:
Merrill Lynch
800 Scudders Mill Road
Plainsboro, New Jersey 08536
Item 2.
(a) Name of Person Filing:
Credit Suisse First Boston, on behalf of the Credit Suisse First
Boston business unit. See Schedule I.
(b) Address of Principal Business Office:
Uetlibergstrasse 231, P.O. Box 900, CH-8045 Zurich, Switzerland
(c) Citizenship:
Switzerland
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
45333Q105
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 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)
(d) [_] Investment Company registered under Section 8 of the Investment
Company Act (15 U.S.C. 80a-8)
(e) [_] Person registered as an investment adviser under Section 203 of
the Investment Advisers Act of 1940 (15 U.S.C. 80b-3) or under
the laws of any state.
(f) [_] Employee Benefit Plan or Endowment Fund in accordance with ss.
240.13d-1(b)(1)(ii)(F)
(g) [X] Parent Holding Company or Control Person in accordance with ss.
240.13d-1(b)(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 ss. 240.13d-1(b)(1)(ii)(J)
If this statement is filed pursuant to ss. 240.13d-1(c), check this box. [_]
<PAGE>
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.
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following [_].
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.
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 were not
held for the purpose of or with the effect of changing or influencing
the control of the issuer of such securities and were not acquired and
are not held in connection with or as a participant in any transaction
having that purpose or effect.
<PAGE>
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.
Date: August 26, 1999 CREDIT SUISSE FIRST BOSTON, acting
solely on behalf of the Credit Suisse
First Boston business unit
By: /s/ William W. Chandler
-----------------------------------
Name: William W. Chandler
Title: Director
<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, and all of the non-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 certain 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.
