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) MAY 26, 1995
SUNAMERICA INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
MARYLAND 1-4618 86-0176061
(STATE OR OTHER JURISDICTION (COMMISSION (IRS EMPLOYER
OF INCORPORATION) FILE NUMBER) IDENTIFICATION NO.)
1 SUNAMERICA CENTER
LOS ANGELES, CALIFORNIA 90067-6022
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
Registrant's telephone number, (310) 772-6000
including area code
Item 5. Other Events
In connection with the Registration Statement on Form S-4
(Registration Nos. 33-56961-01 and 33-56961-02) filed under the
Securities Act of 1933, as amended, by the Registrant and
SunAmerica Capital Trust I (the "Trust"), a statutory business
trust established by the Registrant, and declared effective on
April 27, 1995 relating to the offer (the "Offer") by the Trust
to exchange its 9.95% Trust Originated Preferred Securities(sm)
(TOPrS(sm)) for up to 5,500,000 shares of 9 1/4% Preferred
Stock, Series B ("Series B Preferred") of the Registrant, there
is filed herewith as an exhibit the press release issued on May
26, 1995 announcing (i) that the Offer has been extended until
5:00 P.M., New York City time, on June 5, 1995 and (ii) that
the condition that a minimum of 2,810,000 shares of Series B
Preferred are tendered in the Offer was reduced to 1,750,000
shares of Series B Preferred.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits
(c) Exhibits
Exhibit 99 Press Release issued on May 26, 1995
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
SUNAMERICA INC.
Date: May 26, 1995 By: /s/ Susan L. Harris
------------------------
Susan L. Harris
Vice President, General
Counsel - Corporate
Affairs and Secretary
Exhibit 99
[LETTERHEAD OF SUNAMERICA INC.]
Contact:
Karel Carnohan
Vice President
Investor Relations
(310) 772-6535
SUNAMERICA INC.'S TRUST SUBSIDIARY EXTENDS
PREFERRED STOCK EXCHANGE OFFER
LOS ANGELES, MAY 26, 1995 -- SunAmerica Capital Trust I ("Trust"), a statutory
business trust established by SunAmerica Inc., announced today that its Offer
to Exchange its 9.95% Trust Originated Preferred Securities(SM) (TOPrS(SM))
for up to 5,500,000 outstanding shares of 9 1/4% Preferred Stock, Series B
("Series B Preferred") of SunAmerica Inc. has been extended until 5:00 p.m.,
New York City time, on Monday, June 5, 1995. In addition, the Trust announced
that the condition that a minimum of 2,810,000 shares of Series B Preferred
are tendered in the Offer was reduced to 1,750,000 shares of Series B
Preferred. All other terms of the Offer remain unchanged. As of 5:00 p.m.,
New York City time, on May 25, 1995, approximately 2,042,500 shares of the
Series B Preferred had been tendered in the Offer.
The Offer is being made only by means of, and under the terms and conditions
set forth in, SunAmerica's Offering Circular/Prospectus dated April 27, 1995.
As a result of the extension, the Offer, the proration period and the
withdrawal rights will now expire at 5:00 p.m., New York City time, on Monday,
June 5, 1995.
Merrill Lynch & Co. is acting as the sole dealer manager in connection with the
exchange offer. For more information, contact Merrill Lynch at 800-937-0531 or
212-449-4906, or Georgeson & Company, the information agent for the exchange
offer, at 800-223-2064.
SunAmerica Inc. is a financial services company specializing in the sale of
long-term savings products and investments to the expanding pre-retirement
savings market. As of March 31, 1995, the company held $25 billion of assets,
including those on its balance sheet, and those off its balance sheet in
mutual funds and in retirement trust accounts.
