HADCO CORP
8-K, 1998-05-14
PRINTED CIRCUIT BOARDS
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                       Securities and Exchange Commission

         Date of Report (Date of earliest event reported): May 14, 1998


                               HADCO CORPORATION
             (Exact name of Registrant as specified in its charter)


                    12A MANOR PARKWAY, SALEM, NEW HAMPSHIRE
                    (Address of principal executive offices)

                                     03079
                                   (Zip Code)

                                 (603) 898-8000
               Registrant's telephone number, including area code


       MASSACHUSETTS                 033-95284                 04-2393279
State or other jurisdiction         (Commission              (IRS Employer 
      of Incorporation              File Number)            Identification)


<PAGE>   2
ITEM 5. OTHER EVENTS

    On May 14, 1998, Hadco Corporation (the "Company") issued
a press release, a copy of which is attached as Exhibit 99.1 to this Current
Report on Form 8-K.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

    (C) Exhibits

        99.1  Press Release, dated May 14, 1998

<PAGE>   3
                                       3

                                   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.

                                        HADCO CORPORATION

May 14, 1998                          By: /s/ Timothy P. Losik
                                        --------------------------------------
                                        Timothy P. Losik
                                        Chief Financial Officer
<PAGE>   4
                                 EXHIBIT INDEX

Exhibit No.                           Exhibit
- -----------                           ------- 
    99.1                Press Release, dated May 14, 1998     

<PAGE>   1
                                                                    Exhibit 99.1




FOR IMMEDIATE RELEASE

                                             Contact: Timothy P. Losik
                                                      Chief Financial Officer
                                                      Hadco Corporation
                                                      12A Manor Parkway
                                                      Salem, NH 03079
                                                      (603) 898-8000


                   HADCO ANNOUNCES OFFERING OF $200 MILLION
                  9 1/2% SENIOR SUBORDINATED NOTES DUE 2008


     Salem, New Hampshire (May 14, 1998) -- Hadco Corporation (the "Company")
(Nasdaq/NM:HDCO) announced today that it has entered into a placement agreement
providing for the sale to certain initial purchasers of $200 million aggregate
principal amount of its 9 1/2% Senior Subordinated Notes due 2008 (the "Notes"),
to be resold pursuant to Rule 144A under the Securities Act of 1933, as amended
(the "Securities Act").

     The Notes will be unsecured senior subordinated obligations of the Company.
The Company's obligations under the Notes will be guaranteed, on a senior
subordinated basis, by certain of the Company's U.S. subsidiaries. The net
proceeds from the sale of the Notes will be used to repay amounts outstanding
under the Company's existing credit facility.

     The Notes have not been registered under the Securities Act and may not be
offered or sold in the United States absent registration or an applicable
exemption from registration under the Securities Act.
     


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