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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 Exchange Act of 1934
Date of Report (Date of earliest event reported) July 26, 1996
K & F Industries, Inc.
(Exact name of Registrant as specified in its charter)
Delaware 34-1614845
(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
Commission file number: 33-29035
600 Third Avenue, New York, New York 10016
(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code (212) 297-0900
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Item 5. Other Events
K&F Industries, Inc. issued the following press release on July 26, 1996:
K&F INDUSTRIES ANNOUNCES PRIVATE OFFERING OF
$140 MILLION SENIOR SUBORDINATED NOTES DUE 2004
AND AMENDED CREDIT FACILITY OF $110 MILLION
NEW YORK, July 26, 1996 -- K&F Industries, Inc. announced today that it plans to
privately offer $140 million of Senior Subordinated Notes due 2004 and to
proceed with an amended credit facility of $110 million.
K&F will apply the proceeds from the sale of the Senior Subordinated
Notes and a portion of the credit facility to fund the call of the remaining
$170 million of its outstanding 13-3/4 percent Senior Subordinated Debentures.
The Senior Subordinated Notes will be offered only to qualified
institutional buyers pursuant to Rule 144A, and to a limited number of other
institutional "accredited investors" as defined in the Securities Act of 1933.
The Senior Subordinated Notes have not been 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 registration requirements. This press release
shall not constitute an offer to sell or the solicitation of any offer to buy
the securities.
K&F Industries is comprised of two operating units: Aircraft Braking
Systems Corporation, a leading manufacturer of wheels, brakes and brake
management systems for commercial, general aviation and military aircraft; and,
Engineered Fabrics Corporation, a major producer of aircraft fuel tanks,
de-icing equipment and tanks for environmental, storage and transport
applications.
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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.
K & F INDUSTRIES, INC.
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Registrant
DIRKSON R. CHARLES
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Dirkson R. Charles
Chief Financial Officer
and
Registrant's Authorized
Officer
Dated: July 30, 1996
