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UNITED STATES
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) September 2, 1994
K & F INDUSTRIES, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 33-29035 No. 34-1614845
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
600 THIRD AVENUE, NEW YORK, NY 10016
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 297-0900
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NOT APPLICABLE
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(Former name or former address, if changed since last report.)
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ITEM 5. Other Events
The Company's press release dated September 2, 1994 is incorporated
herein by reference.
ITEM 7. Financial Statements and Exhibits
(c) Exhibits.
99.01 - press release dated September 2, 1994.
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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 thereunto duly authorized.
K & F INDUSTRIES, INC.
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Registrant
/s/ KENNETH M. SCHWARTZ
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Kenneth M. Schwartz
Chief Financial Officer
and
Registrant's Authorized
Officer
Dated: September 16, 1994
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EXHIBIT INDEX
Exhibit
No. Description
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99.1 Press Release September 2, 1994
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Press Release September 2, 1994 Exhibit 99.01
CONTACT: Kenneth Schwartz
212-297-0900
K & F RETIRES DEBENTURES WITH CASH AND EQUITY
NEW YORK, September 2, 1994 -- K & F Industries, Inc., today announced that for
$12.76 million in cash and 22.5% in equity it has retired a $30 million face
amount pay-in-kind (PIK) Subordinated Convertible Debenture together with $35
million of accumulated PIK interest held by Loral Corporation.
To effect the transaction, K & F's principal shareholders invested
$12.76 million for additional shares. As a result of both transactions, K & F
shareholders' equity was increased by $65 million and long term debt was
reduced by an equal amount.
K & F Industries is a leading manufacturer of wheels, brakes and brake
management systems for commercial, general aviation and military aircraft; and
a major producer of aircraft fuel tanks, deicing equipment and tanks for
environmental, storage and transport applications.
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