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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
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DATE OF REPORT: DECEMBER 1, 1999
DATE OF EARLIEST EVENT REPORTED: DECEMBER 1, 1999
GENERAL SEMICONDUCTOR, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 1-15442 13-3575653
(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of Identification Number)
incorporation or
organization)
10 MELVILLE PARK ROAD
MELVILLE, NEW YORK 11747
(Address of principal executive offices)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (631) 847-3000
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Item 5. Other Events.
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On December 1, 1999, the registrant issued the press release filed as
Exhibit 99.1 hereto.
Item 7. Financial Statements and Exhibits.
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Exhibit Description
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99.1 Press Release issued December 1, 1999
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on behalf of the
undersigned hereunto duly authorized.
Dated: December 1, 1999
GENERAL SEMICONDUCTOR, INC.
By: /s/ Andrew M. Caggia
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Andrew M. Caggia
Senior Vice President and
Chief Financial Officer
Signing both in his capacity as
Senior Vice President on behalf of
the Registrant and Chief Financial
Officer of the Registrant
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EXHIBIT INDEX
Exhibit Description
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99.1 Press Release issued December 1, 1999
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
CONTACT: PAM JAMESON
(631) 847-5169
GENERAL SEMICONDUCTOR PLANS OFFERING OF $150 MILLION CONVERTIBLE
SUBORDINATED NOTES
MELVILLE, NY (December 1, 1999)-General Semiconductor, Inc. (NYSE:SEM)
today announced that it intends to raise $150 million through the sale of
convertible subordinated debentures due in 2006 in a private offering
pursuant to Rule 144A of the Securities Act of 1933. The notes will be
convertible into the Company's common stock. Terms of the offering will be
determined at a later date. The Company expects to complete the offering by
year-end.
Proceeds of the financing will be used to repay outstanding indebtedness
under the Company's credit facility.
The securities will not be 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.
There can be no assurance that the offering will close.
