SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) February 2, 1998
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ICG COMMUNICATIONS, INC.
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(Exact name of registrant as specified in charter)
Delaware 1-11965 84-1342022
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(State of Incorporation) (Commission (IRS Employer
File Number) Identification No.)
9605 E. Maroon Circle, P.O. Box 6742, Englewood, Colorado 80155-6742
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(Address of principal executive offices)
ICG HOLDINGS (CANADA), INC.
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(Exact name of registrant as specified in charter)
Canada 1-11052 Not Applicable
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(State of Incorporation) (Commission (IRS Employer
File Number) Identification No.)
1710-1177 West Hastings Street, Vancouver, British Columbia V6E 2L3
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(Address of principal executive offices)
ICG HOLDINGS, INC.
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(Exact name of registrant as specified in charter)
Colorado 33-96540 84-1158866
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(State of Incorporation) (Commission (IRS Employer
File Number) Identification No.)
9605 E. Maroon Circle, P.O. Box 6742, Englewood, Colorado 80155-6742
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(Address of principal executive offices)
(800) 650-5960 or
Registrants' telephone numbers, including area codes (303) 572-5960
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N/A
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(Former name or former address, if changed since last report.)
<PAGE>
ITEM 5. OTHER EVENTS.
In a press release dated February 2, 1998, ICG
Communications, Inc., a Delaware corporation, announced that a
new wholly-owned subsidiary, ICG Services, Inc., is offering $200
million of Senior Discount Notes.
ITEM 7. EXHIBITS.
(c) Exhibits
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99.1 Press Release, dated February 2, 1998.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrants have duly caused this report to be
signed on their behalf by the undersigned hereunto duly
authorized.
Dated: February 6, 1998 ICG COMMUNICATIONS, INC.
By: /s/ James D. Grenfell
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James D. Grenfell
Executive Vice President and
Chief Financial Officer
ICG HOLDINGS (CANADA), INC.
By: /s/ James D. Grenfell
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James D. Grenfell
Executive Vice President and
Chief Financial Officer
ICG HOLDINGS, INC.
By: /s/ James D. Grenfell
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James D. Grenfell
Executive Vice President and
Chief Financial Officer
<PAGE>
EXHIBIT INDEX
Exhibit Description
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99.1 Press Release, dated February 2, 1998
ICG COMMUNICATIONS, INC.
9605 East Maroon Circle
Englewood, CO 80112
NEWS RELEASE
Contacts: Scott Chase (303) 626-3417
Steve Smith (303) 575-6595
ICG Communications, Inc. Announces $200 Million Offering of Senior
Discount Notes by ICG Services, Inc.
ENGLEWOOD, Colo., Feb. 2 -- ICG Communications, Inc. ("ICG")
(Nasdaq: ICGX), today announced that ICG Services, Inc., a new
wholly-owned subsidiary of ICG, is offering $200 million of
Senior Discount Notes.
The Senior Discount Notes are ten-year notes maturing in 2008 and
will pay no interest in cash for the first five years. The
proceeds from the offering will be used by ICG Services, Inc., in
order to acquire telecommunications and related equipment and
services for the purpose of lease or sale to other subsidiaries
of ICG. In addition, a portion of the proceeds from the Offering
may be used for strategic acquisitions.
The Senior Discount Notes being offered will not be, and have not
been, registered under the Securities Act of 1933, as amended,
and may not be offered or sold in the United States absent
registration or an applicable exemption from registration
requirements.
ICG Services, Inc., through its subsidiary NETCOM On-Line
Communication Services, Inc. ("NETCOM"), provides Internet
communication solutions, connectivity and website hosting to
individuals and to small and medium-sized businesses. NETCOM is
one of the leading Internet service providers in the country.
ICG is a leading national competitive local exchange carrier
("CLEC") publicly traded on The Nasdaq National Market under the
symbol "ICGX." The operations of ICG Communications, Inc.
consist of Telecom Services provided primarily through ICG
Telecom Group, Inc., Internet Services provided primarily through
ICG Services, Inc., Network Services provided primarily through
ICG Fiber Optic Technologies, Inc. ("FOTI"), and Satellite
Services provided primarily through ICG Satellite Services, Inc.
ICG Telecom Group, Inc. is ICG's CLEC and enhanced services
business. ICG Fiber Optic Technologies, Inc. provides network
integration and support services. ICG Satellite Services, Inc.
provides maritime telecommunications network and international
end-to-end voice and data services, and operates VSAT (very small
aperture terminal) private data networks.
