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
Date of Report: January 8, 1999
Thomas Nelson, Inc.
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(Exact Name of Registrant as Specified in Charter)
Tennessee 0-4095 62-0679364
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(State or other (Commission File (I.R.S.
Jurisdiction of Number) Employer
Incorporation) Identification
No.)
501 Nelson Place
Nashville, Tennessee 37214-1000
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code: 615/889-9000
Item 5. Other Events.
The attached press release provides information concerning
the Company's redemption of its 5 3/4% Convertible Subordinated
Notes due 1999.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
(c) Exhibits:
(99) News Release, January 7, 1999.
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.
THOMAS NELSON, INC.
By: /s/ Joe L. Powers
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Name: Joe L. Powers
Title: Executive Vice President
Date: January 8, 1999
INDEX TO EXHIBITS
Exhibit
Numbers
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99 News Release, January 7, 1999.
THOMAS NELSON, INC.
NEWS RELEASE:
DATE: January 7, 1999
CONTACT: Joe L. Powers
Executive Vice President
P.O. Box 141000
Nashville, TN 37214-1000
PHONE: (615) 902-1300
FAX: (615) 883-6353
WEBSITE: www.thomasnelson.com
THOMAS NELSON, INC. ANNOUNCES CALL FOR REDEMPTION OF ALL
OUTSTANDING 5 3/4% CONVERTIBLE SUBORDINATED NOTES DUE 1999
NASHVILLE, TN, January 7, 1999. Thomas Nelson, Inc.
(NYSE:TNM) today announced that on January 7, 1999,
the Company notified the Trustee that it will call for
redemption and will redeem on March 1, 1999, all
outstanding 5 3/4% Convertible Subordinated Notes due
1999 at a redemption price of $1,008.20 per $1,000
principal amount, together with accrued and unpaid
interest from November 30, 1998 to February 28, 1999
of $14.535 per $1,000 principal amount, for a total
redemption price of $1,022.735 per $1,000 principal
amount. Until the close of business on February 22,
1999 at the offices of the Trustee, the Notes are
convertible at the option of the holder, into
approximately 58 shares of the Company's Common Stock
at the conversion price of $17.00 per share. On the
basis of the last reported sales price of the Common
Stock on the New York Stock Exchange on January 6,
1998 of $12.8125, fifty-eight (58) shares of Common
Stock had a value equivalent to $743.125.
The Trustee, Paying Agent and Conversion Agent is The
Bank of New York, Corporate Trust Division, 101
Barclay Street, New York, NY 10286.
A Notice of Redemption and Letter of Transmittal will
be mailed to holders of record of the Notes.
Additional copies of such documents may be obtained
from the Trustee by phoning (212) 815-5287 or from the
Company at (615) 902-1305. Collect calls will be
accepted.
Thomas Nelson, Inc. is a leading publisher, producer
and distributor of books emphasizing Christian,
inspirational and family value themes, and believes it
is the largest publisher of Bibles and inspirational
books in the English language. The Company also
designs, manufactures and markets a broad line of gift
and stationery products.
