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
(Date of earliest event reported):
April 26, 1996
________________________________________
THERMO TERRATECH INC.
(Exact name of Registrant as specified in its charter)
Delaware 1-9549 04-2925807
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification Number)
incorporation or
organization)
81 Wyman Street 02254
Waltham, Massachusetts (Zip Code)
(Address of principal executive offices)
(617) 622-1000
(Registrant's telephone number
including area code)
PAGE
<PAGE>
Item 5. Other Events
------------
On April 26, 1996, Thermo TerraTech Inc. (the "Company") issued a press
release, attached hereto as Exhibit 99, to announce that it has entered
into an agreement to sell at par $100 million principal amount of 4 5/8%
subordinated debentures due 2003 (the "Debentures"). The Debentures will
be convertible into shares of the Company's common stock at an initial
conversion price of $15.90. The Company also granted to the managers of
the offering an over-allotment option to purchase an additional $15 million
principal amount of the Debentures, which option has been exercised.
Item 7. Financial Statements, Pro Forma Combined Condensed Financial
------------------------------------------------------------
Information and Exhibits
------------------------
(a) Financial Statements of Business Acquired: not applicable.
(b) Pro Forma Combined Condensed Financial Information: not
applicable.
(c) Exhibits
99 Press Release of the Registrant, dated April 26, 1996.
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 thereunto duly authorized, on this 3rd day of May, 1996.
THERMO TERRATECH INC.
By: /s/John P. Appleton
John P. Appleton
President and Chief
Executive Officer
EXHIBIT 99
THERMO TERRATECH ANNOUNCES
CONVERTIBLE SUBORDINATED DEBENTURE OFFERING
WALTHAM, Mass., April 26, 1996 -- Thermo TerraTech Inc. (ASE-TTT)
announced today that it has entered into an agreement to sell at
par $100 million of 4 5/8% subordinated debentures due 2003. The
debentures will be convertible into shares of common stock at a
price of $15.90. The company has also granted to the managers of
the offering an over-allotment option to purchase an additional
$15 million principal amount of debentures. These securities
will not be registered under the Securities Act of 1933 and may
not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirements of
the Act.
# # #
