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): March 7, 1994
LSI LOGIC CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 0-11674 94-2712976
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1551 McCarthy Blvd., Milpitas, California 95035
(Address of principal executive offices)
Registrant's telephone number, including area code (408) 433-8000
Not Applicable
(Former name or former address, if changed since last report)
Item 5. Other Events
On March 7, 1994, LSI Logic Corporation (the "Registrant") gave public
notice of its intention, subject to market and other conditions, to
raise approximately $125,000,000 through an offering of convertible
subordinated notes not registered or required to be registered under
the Securities Act of 1933, as amended. Attached as Exhibit 99.1 to
this Current Report on Form 8-K is the text of the notice of offering
given by the Registrant on March 7, 1994.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99.1 Text of Press Release dated March 7, 1994
SIGNATURES
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.
Date: March 7, 1994 LSI LOGIC CORPORATION
/s/ David E. Sanders
David E. Sanders
Vice President, General Counsel
& Secretary
INDEX TO EXHIBITS
Exhibit
99.1 Text of Press Release dated March 7, 1994.
FOR IMMEDIATE RELEASE EXHIBIT 99.1
FOR MORE INFORMATION
CONTACT Bruce Entin: 408-433-4067
Diana Matley: 408-433-4365
CC94-05
LSI LOGIC CORPORATION ANNOUNCES PRIVATE PLACEMENT OF CONVERTIBLE
SUBORDINATED NOTES
MILPITAS, CALIFORNIA, March 7, 1994 -- LSI Logic Corporation
announced today that it intends, subject to market and other
conditions, to raise approximately $125,000,000 through a
private placement of convertible subordinated notes to
institutional investors. The Company stated that the purposes of
the offering are to further strengthen the Company's financial
position and to provide the Company with additional resources for
capital expenditures and general corporate purposes. The Company
expects to complete the offering within the next 45 days. It
is contemplated that the notes will be convertible into LSI Logic
Corporation Common Stock and will have a seven-year term. No other
terms were disclosed.
The securities will be offered under Rule 144A and Regulation S and
therefore will not be registered under the Securities Act of 1933, as
amended, or applicable state securities laws, and may not be offered or
sold absent registration under the Securities Act and applicable state
securities laws or available exemptions from registration requirements.
LSI Logic (NYSE:LSI), with revenues of $719 million in 1993, is a
manufacturer of high-performance semiconductors that incorporate
application-specific integrated circuit (ASIC) technology. The Company
serves selected vertical markets, including networking/telecommunications,
digital video (cable television, direct broadcast satellite, set-top
decoders, video games), and computer system logic (file servers,
workstations and personal computers).
