<PAGE>
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
Date of Report (Date of Earliest Event Reported): November 3,1997
AEP INDUSTRIES INC.
(Exact Name of Registrant as Specified in its Charter)
DELAWARE 0-14450 22-1916107
(State of Other (Commission File Number) (I.R.S. Employer
Jurisdiction of Incorporation) Identification No.)
125 Phillips Avenue, South Hackensack, New Jersey 07606
(Address of Principal Executive Offices) (Zip Code)
(Registrant's Telephone Number, Including Area Code) (201) 641-6600
Item 5. Other Events.
See the following press release, dated November 3, 1997, announcing AEP
Industries Inc. proposed offering of $200 million Senior Subordinated Notes due
2007.
FOR IMMEDIATE RELEASE
CONTACT: Paul Feeney
Executive Vice President and
Chief Financial Officer
201) 807-2330
e-mail:[email protected]
<PAGE>
Morgen-Walke Associates
Investor Contact:
June Filingeri, Jennifer Miller
Media Contact: Stan Froelich
(201) 850-5600
AEP INDUSTRIES INC. PROPOSES OFFERING OF $200 MILLION
SENIOR SUBORDINATED NOTES DUE 2007
South Hackensack, N.J., November 3, 1997--AEP Industries Inc.
(Nasdaq:AEPI) announced today that it has proposed an offering of $200 million
in aggregate principal amount of Senior Subordinated Notes due 2007 (the
"Notes"), at an interest rate to be determined. The net proceeds from the new
Notes we be used to repay a portion of the indebtedness outstanding under the
Company's Credit Agreement.
The sale of the Notes has not been registered under the Securities
Act of 1933, as amended, and the Notes may not be offered or sold in the United
states absent registration or an applicable exemption from registration
requirements.
AEP Industries Inc. manufactures, markets, and distributes an
extensive range of plastic packaging products for the food/beverage, industrial
and agricultural markets. The Company has operations in 12 countries throughout
North America, Europe, Asia/Pacific and Africa.
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.
AEP INDUSTRIES INC.
(Registrant)
Dated: November 6, 1997 /S/ LAWRENCE R. NOLL
---------------------------
Lawrence R. Noll
VP, Controller and Secretary
2
