<PAGE>
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: August 5, 1998
ASPECT TELECOMMUNICATIONS CORPORATION
(Exact name of Registrant as specified in its charter)
0-18391
(Commission File Number)
CALIFORNIA 94-2974062
(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation)
1730 FOX DRIVE, SAN JOSE, CA 95131-2312
(Address of principal executive offices, with zip code)
408-325-2200
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
On July 28, 1998, the registrant issued a press release announcing that the
registrant intends to make a private offering of zero coupon convertible
subordinated debentures.
A copy of the press release is attached as Exhibit 1.
On August 5, 1998, the registrant issued a press release announcing the
terms of its private offering of zero coupon convertible subordinated
debentures.
A copy of the press release is attached as Exhibit 2.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) EXHIBITS.
Exhibit 1 Aspect Telecommunications Corporation Press Release dated July
28, 1998.
Exhibit 2 Aspect Telecommunications Corporation Press Release dated August
5, 1998.
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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.
ASPECT TELECOMMUNICATIONS
CORPORATION
Date: August 5, 1998 By: /s/ Eric J. Keller
______________________
Eric J. Keller
Vice President, Finance and
Chief Financial Officer
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INDEX TO EXHIBITS
<TABLE>
<CAPTION>
Exhibit
No. Exhibit
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<C> <S>
1 Press Release (dated July 28, 1998) Regarding
Announcement of Offering of Convertible
Subordinated Debentures.
2 Press Release (dated August 5, 1998)
Regarding the Terms of Offering of
Convertible Subordinated Debentures.
</TABLE>
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EXHIBIT 1
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[LETTERHEAD OF ASPECT TELECOMMUNICATIONS]
Company Contact: News Release
Eric Keller
Chief Financial Officer
(408) 325-2200
FOR IMMEDIATE RELEASE
ASPECT TELECOMMUNICATIONS ANNOUNCES OFFERING OF
CONVERTIBLE SUBORDINATED DEBENTURES
SAN JOSE, CA -- July 28, 1998 -- Aspect Telecommunications Corporation (NASDAQ:
ASPT) announced today that it intends, subject to market and other conditions,
to raise up to approximately $150 million (excluding the proceeds of an over-
allotment option, if any) through a private offering of zero coupon convertible
subordinated debentures to certain qualified institutional investors and a
limited number of other institutional accredited investors. The company stated
that it intends to use the net proceeds to further strengthen its financial
condition, to provide working capital and to provide additional financial
flexibility to take advantage of business opportunities as they may arise. No
other terms were disclosed.
The offered debentures will not be registered under the Securities Act of 1933,
as amended, or under applicable state securities laws, and may not be offered or
sold in the United States absent registration under the Securities Act and
applicable state securities law or available exemptions. Sale of the debentures
is subject to market and other conditions, and there can be no assurance that
any debentures will be sold or that the net proceeds of any sale will not be
lower than anticipated.
This press release does not constitute an offer to sell or a solicitation of an
offer to buy any security.
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EXHIBIT 2
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[LETTERHEAD OF ASPECT TELECOMMUNICATIONS]
Company Contact: News Release
Eric Keller
Chief Financial Officer
(408) 325-2200
<www.aspect.com>
FOR IMMEDIATE RELEASE
ASPECT TELECOMMUNICATIONS ANNOUNCES SALE OF
ZERO COUPON CONVERTIBLE SUBORDINATED DEBENTURES
SAN JOSE, CA -- August 5, 1998 -- Aspect Telecommunications Corporation
(NASDAQ: ASPT) announced today that it sold in a private offering zero coupon
convertible subordinated debentures to certain institutional investors. The
debentures were priced with a yield to maturity of 6% and will result in gross
proceeds to the Company of approximately $150 million (excluding the proceeds
from an over-allotment option, if any).
The Company stated that it intends to use the net proceeds to further
strengthen its financial condition, to provide working capital and to provide
the Company with additional financial flexibility to take advantage of business
opportunities as they may arise.
The debentures will not be registered under the Securities Act of 1933, as
amended, or under applicable state securities laws, and may not be offered or
sold in the United States absent registration under the Securities Act and
applicable state securities law or available exemptions.
This press release does not constitute an offer to sell or a solicitation
of an offer to buy any security, including but not limited to the debentures.
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