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 AND EXCHANGE ACT OF 1934
September 24, 1997
(Date of Report)
BUCYRUS INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Delaware 1-871 39-0188050
(State or other (Commission File (IRS Employer
jurisdiction of Number) ID Number)
incorporation)
P.O. Box 500
1100 Milwaukee Avenue
South Milwaukee, Wisconsin 53172
(Address of principal executive offices)
(414) 768-4000
(Registrant's telephone number, including area code)
<PAGE>
Item 5. Other Events
On September 24, 1997, Bucyrus International, Inc ("Registrant") issued a
press release announcing that the Registrant had privately placed $150,000,000
of its 9 3/4% Senior Notes due 2007. A copy of said press release is filed as
an exhibit to this report and is incorporated herein by reference.
Item 7. Financial Statements and Exhibits
(c) Exhibits:
99.1 Press Release, dated September 24, 1997, issued by Bucyrus
International, Inc. announcing the private placement of
$150,000,000 of 9 3/4% Senior Notes due 2007.
<PAGE>
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.
BUCYRUS INTERNATIONAL, INC.
(Registrant)
By: /s/ C. R. Mackus
Name: C. R. Mackus
Title: Secretary and Controller
Date: September 25, 1997
<PAGE>
BUCYRUS INTERNATIONAL, INC.
EXHIBIT INDEX
TO
CURRENT REPORT ON FORM 8-K
Incorporated
Exhibit Herein By Filed
Number Description Reference Herewith
99.1 Press Release, dated September 24, X
1997, issued by Bucyrus International,
Inc. announcing the private placement
of $150,000,000 of 9 3/4% Senior Notes
due 2007.
EI-1
EXHIBIT 99.1
FORM 8-K
PRESS RELEASE
BUCYRUS INTERNATIONAL, INC.
(NASDAQ: BCYR)
FOR IMMEDIATE RELEASE
BUCYRUS INTERNATIONAL, INC. ANNOUNCES PRIVATE PLACEMENT OF
$150.0 MILLION OF SENIOR NOTES IN THE RULE 144A MARKET
South Milwaukee, Wisconsin, September 24, 1997... Bucyrus International,
Inc. today announced that it has privately placed $150.0 million aggregate
principal amount of its Senior Notes due 2007 (the "Notes") in a transaction
(the "Offering") under Rule 144A under the Securities Act of 1933, as amended
(the "Securities Act").
The Notes will be issued at par and will pay interest semi-annually at a
rate of 9 3/4% per annum with a final maturity on September 15, 2007.
The net proceeds from the sale of the Notes are estimated to be
approximately $144.7 million after deducting the initial purchasers' discount
and estimated expenses related to the Offering.
The Notes have not been registered under the Securities Act and may not be
offered or sold in the United States or to U.S. persons absent registration
thereunder or an applicable exemption from the registration requirements
thereof.
This news release shall not constitute an offer to sell or the solicitation
of an offer to buy the securities offered by Bucyrus in the Offering.
Bucyrus International, Inc. is a leading manufacturer of surface mining
equipment.
Contact: Daniel J. Smoke, Vice President and Chief Financial Officer,
(414) 768-5375 or (414) 768-5378, or
Craig R. Mackus, Secretary and Controller, (414) 768-4267
