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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 4 )*
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BAYOU STEEL CORPORATION
-----------------------
(Name of Issuer)
Common Stock
-----------------------------
(Title of Class of Securities
073051 10 4
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(CUSIP Number)
Check the following box if a fee is being paid with this statement / /. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*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).
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CUSIP No. 073051 10 4 13G Page 2 of 7 Pages
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Capital Corporation of Chicago 36-246372
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [x]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Illinois
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SOLE VOTING POWER
5
NUMBER OF 1,755,000 shares
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING 1,755,000 shares
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,755,000 shares
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
16.54%
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TYPE OF REPORTING PERSON*
12
CO
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CUSIP No. 073051 10 4 13G Page 3 of 7 Pages
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Chicago Corporation 36-2669970
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [x]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
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SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
-0-
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
-0-
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9 None except indirectly through one or more subsidiaries as reported
herein. See Item 4.
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
-0-
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TYPE OF REPORTING PERSON*
12
CO HC
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Item 1(a). Name of Issuer:
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Bayou Steel Corporation (the "Company")
Item 1(b). Address of Issuer's Principal Executive Offices:
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River Road
P.O. Box 5000
LaPlace, Louisiana 70069
Item 2(a). Name of Person Filing:
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First Chicago Corporation ("FCC") is filing this statement on
behalf of itself and First Capital Corporation of Chicago ("FCCC"),
its wholly-owned subsidiary. Exhibit A attached hereto contains
the agreement of FCCC and FCC to file joint disclosure statements
on Schedule 13G.
Item 2(b). Address of Principal Business Office:
------------------------------------
For FCC and FCCC:
One First National Plaza
Chicago, Illinois 60670
Item 2(c). Citizenship:
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FCCC is a corporation organized under the laws of the State of
Illinois. FCC is a corporation organized under the laws of the
State of Delaware.
Item 2(d). Title of Class of Securities:
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Common Stock (the "Common")
Item 2(e). CUSIP Number
------------
073051 10 4
Item 3. Type of Person Filing:
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Not applicable.
Item 4. Ownership:
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(a)-(b) FCCC owns 1,755,000 shares of the Company's Common,
representing 16.54% of the currently outstanding Common. FCC may
be deemed to beneficially own the shares held by FCCC solely
through its ownership of FCCC. FCC may also be deemed to
beneficially own 7,000 shares of the Company's Common solely
through its ownership of American National Bank and Trust Company
of Chicago ("ANB"), which holds these shares in a fiduciary
capacity.
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(c) ANB has sole voting and investment power over the 7,000 shares
of Common held by it. See items 5 through 9 and item 11 on pages
two and three hereof.
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:
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Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported On by the Parent Holding Company:
------------------------------------------------------------------
Not applicable.
Item 8. Identification and Classification of Member of the Group:
--------------------------------------------------------
Not applicable.
Item 9. Notice of Dissolution of Group:
------------------------------
Not applicable.
Item 10. Certification:
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Not applicable.
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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.
Date: February 11, 1994
FIRST CAPITAL CORPORATION OF CHICAGO
/s/ Robert A. Rosholt
By: _______________________
Robert A. Rosholt
Executive Vice President
FIRST CHICAGO CORPORATION
/s/ Robert A. Rosholt
By: _______________________
Robert A. Rosholt
Executive Vice President and
Chief Financial Officer
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EXHIBIT A
AGREEMENT
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The undersigned hereby agree, pursuant to (S)240.13d-1(f)(1), that the
statement on Schedule 13G (including all amendments thereto) to which this
Agreement is attached is to be filed on behalf of each of the undersigned and
that First Chicago Corporation may file a Schedule 13G under the Securities
Exchange Act of 1934, and all amendments to such Schedule, with respect to
shares of Common Stock of Bayou Steel Corporation.
Date: February 11, 1994
FIRST CAPITAL CORPORATION OF CHICAGO
/s/ Robert A. Rosholt
By: _______________________
Executive Vice President
FIRST CHICAGO CORPORATION
/s/ Robert A. Rosholt
By: _______________________
Robert A. Rosholt
Executive Vice President and
Chief Financial Officer
