UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) June 28, 2000
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ANIXTER INTERNATIONAL INC.
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-5989 94-1658138
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
4711 Golf Road, Skokie, Illinois 60076
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (847) 677-2600
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ITEM 5. OTHER EVENTS.
On June 28, 2000, Anixter International Inc. (the "Company")
received $200 million (gross proceeds inclusive of the initial
purchaser's over-allotment option) from the placement under Rule 144A
of $792 million aggregate principal amount at maturity in 2020, of
senior, zero-coupon notes with a 7% yield to maturity. The notes are
convertible into a maximum of 5,908,558 shares of common stock of the
Company at an initial conversion price of $33.86 per share of common
stock (22% above the June 22, 2000 closing price on the New York Stock
Exchange). Proceeds from the sale of the notes will initially be used
to pay off debt of the Company, with such amounts expected to be
reborrowed again in the future for growth of the business and general
corporate purposes. A copy of the press release relating to the
completion of the offering of the notes is filed as Exhibit 99.1
hereto and is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
(c) Exhibits.
99.1 Press release, dated June 28, 2000, issued by
the Company.
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
ANIXTER INTERNATIONAL INC.
(Registrant)
Date: June 29, 2000 By: /s/ Dennis J. Letham
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Dennis J. Letham
Senior Vice President -
Finance and
Chief Financial Officer
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EXHIBIT INDEX
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EXHIBIT
NO. DESCRIPTION
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99.1 Press release, dated June 28, 2000, issued by the Company.
