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
August 19, 1999
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(Date of earliest event reported)
FEDDERS CORPORATION
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(Exact name of Registrant as specified in its charter)
Delaware 1-8831 22-2572390
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(State of (Commission File No.) (IRS Employer
Incorporation) Identification No.)
505 Martinsville Road, Liberty Corner, NJ 07938-0813
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(Address of principal executive offices) (zip code)
(908) 604-8686
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report)
Item 5. Other Events
On August 19, 1999, Fedders Corporation announced a $50 million
offering of 93/8% Senior Subordinated Notes due 2007 (the "Notes") by its
wholly-owned subsidiary, Fedders North America, Inc., pursuant to Rule 144A
promulgated under the Securities Act of 1933, as amended. The Notes will
be guaranteed by Fedders Corporation on a senior subordinated basis.
Attached as Exhibit 99.1 is a press release issued by Fedders Corporation
in connection with this offering; the exhibit is incorporated herein by
reference.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99.1 Press Release, dated August 19, 1999, regarding Fedders
Corporation's announcement of a $50 million offering of
93/8% Senior Subordinated Notes due 2007 (the "Notes")
by its wholly-owned subsidiary, Fedders North America,
Inc.
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.
FEDDERS CORPORATION
By: /s/ Robert N. Edwards
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Name: Robert N. Edwards
Title: Vice President
and General Counsel
Date: September 1, 1999
EXHIBIT INDEX
Exhibit
No.
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99.1 Press Release, dated August 19, 1999, regarding Fedders
Corporation's announcement of a $50 million offering of 93/8%
Senior Subordinated Notes due 2007 (the "Notes") by its
wholly-owned subsidiary, Fedders North America, Inc.
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Exhibit 99.1
Company Press Release
SOURCE: Fedders Corporation
Fedders Announces Issuance of $50 Million Senior
Subordinated Notes Due 2007
LIBERTY CORNER, N.J., Aug. 19 /PRNewswire/ -- Fedders Corporation (NYSE:
FJA - news, FJC - news), today announced that its wholly-owned subsidiary,
Fedders North America, Inc. has made an offering pursuant to Rule 144A
under the Securities Act of 1933 of $50 million aggregate principal amount
of 9-3/8% Senior Subordinated Notes due 2007 as an addition to its $100
million principal amount of notes issued in August 1997. The Notes will be
guaranteed by Fedders Corporation on a senior subordinated basis.
The net proceeds will be used primarily to replenish cash used in
connection with the recent acquisition of Trion, Inc., a world leader in
the indoor air quality industry.
The offering of the Senior Subordinated Notes has not been registered under
the Securities Act and may not be offered or sold in the United States
absent registration under the Securities Act or an exemption from the
registration requirements of the Securities Act.
Visit the Fedders investor information website at http://www.FEDDERS.com to
access additional information on Fedders including annual reports, SEC
filings and special reports.
This news release includes forward-looking statements that are covered
under the "Safe-Harbor" clause of the Private Securities Litigation
Reform Act of 1995.
