SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Westpoint Stevens Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.01 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
961238102
--------------------------------------------------------------------------------
(CUSIP Number)
Greenwich Street Capital Partners II, L.P.
500 Campus Drive
Suite 220
Florham Park, NJ 07932
Attention: Matthew Kaufman
(973) 437-1000
with a copy to:
Ronald R. Jewell, Esq.
Dechert Price & Rhoads
30 Rockefeller Plaza, New York, NY 10012
(212) 698-3589
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
September 25, 2000
--------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box: [ ]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all
<PAGE>
exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 2 of 18 Pages
<PAGE>
Schedule 13D
--------------------------------------------------------------------------------
CUSIP No. 961238102 Page 3 of 18 Pages
--------------------------------------------------------------------------------
-------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Greenwich Street Capital Partners II, L.P.
-------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
-------- -----------------------------------------------------------------------
3 SEC USE ONLY
-------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
-------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(E)
[ ]
-------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
-------- -----------------------------------------------------------------------
--------- -------------------------------------------
7 SOLE VOTING POWER
Number of
Shares 0
Beneficially
owned by --------- -------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5.
--------- -------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------- -------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5.
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5.
-------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
-------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5.
-------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
-------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13D
--------------------------------------------------------------------------------
CUSIP No. 961238102 Page 4 of 18 Pages
--------------------------------------------------------------------------------
-------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GSCP (NJ), L.P.
-------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
-------- -----------------------------------------------------------------------
3 SEC USE ONLY
-------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
-------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(E)
[ ]
-------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
-------- -----------------------------------------------------------------------
--------- -------------------------------------------
7 SOLE VOTING POWER
Number of
Shares 0
Beneficially
owned by --------- -------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5.
--------- -------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------- -------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5.
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5.
-------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
-------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5.
-------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
-------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13D
--------------------------------------------------------------------------------
CUSIP No. 961238102 Page 5 of 18 Pages
--------------------------------------------------------------------------------
-------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GSCP (NJ), Inc.
-------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
-------- -----------------------------------------------------------------------
3 SEC USE ONLY
-------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
-------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(E)
[ ]
-------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
-------- -----------------------------------------------------------------------
--------- -------------------------------------------
7 SOLE VOTING POWER
Number of
Shares 0
Beneficially
owned by --------- -------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5.
--------- -------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------- -------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5.
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5.
-------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
-------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5.
-------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
-------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13D
--------------------------------------------------------------------------------
CUSIP No. 961238102 Page 6 of 18 Pages
--------------------------------------------------------------------------------
-------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Greenwich Street Investment II, L.L.C.
-------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
-------- -----------------------------------------------------------------------
3 SEC USE ONLY
-------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
-------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(E)
[ ]
-------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
-------- -----------------------------------------------------------------------
--------- -------------------------------------------
7 SOLE VOTING POWER
Number of
Shares 0
Beneficially
owned by --------- -------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5.
--------- -------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------- -------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5.
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5.
-------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
-------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5.
-------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
00
-------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13D
--------------------------------------------------------------------------------
CUSIP No. 961238102 Page 7 of 18 Pages
--------------------------------------------------------------------------------
-------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Alfred C. Eckert III
-------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
-------- -----------------------------------------------------------------------
3 SEC USE ONLY
-------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
-------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(E)
[ ]
-------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
-------- -----------------------------------------------------------------------
--------- -------------------------------------------
7 SOLE VOTING POWER
Number of
Shares 0
Beneficially
owned by --------- -------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5.
--------- -------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------- -------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5.
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5.
-------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
-------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5.
-------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
-------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13D
--------------------------------------------------------------------------------
CUSIP No. 961238102 Page 8 of 18 Pages
--------------------------------------------------------------------------------
-------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Keith W. Abell
-------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
-------- -----------------------------------------------------------------------
3 SEC USE ONLY
-------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
-------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(E)
[ ]
-------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
-------- -----------------------------------------------------------------------
--------- -------------------------------------------
7 SOLE VOTING POWER
Number of
Shares 0
Beneficially
owned by --------- -------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5.
--------- -------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------- -------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5.
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5.
-------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
-------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5.
-------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
-------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13D
--------------------------------------------------------------------------------
CUSIP No. 961238102 Page 9 of 18 Pages
--------------------------------------------------------------------------------
-------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sanjay H. Patel
-------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
-------- -----------------------------------------------------------------------
3 SEC USE ONLY
-------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
-------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(E)
[ ]
-------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
-------- -----------------------------------------------------------------------
--------- -------------------------------------------
7 SOLE VOTING POWER
Number of
Shares 0
Beneficially
owned by --------- -------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5.
--------- -------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------- -------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5.
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5.
-------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
-------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5.
-------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
-------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Schedule 13D
--------------------------------------------------------------------------------
CUSIP No. 961238102 Page 10 of 18 Pages
--------------------------------------------------------------------------------
-------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Richard M. Hayden
-------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
-------- -----------------------------------------------------------------------
3 SEC USE ONLY
-------- -----------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
-------- -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(E)
[ ]
-------- -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
-------- -----------------------------------------------------------------------
--------- -------------------------------------------
7 SOLE VOTING POWER
Number of
Shares 0
Beneficially
owned by --------- -------------------------------------------
each reporting 8 SHARED VOTING POWER
person
with See item 5.
--------- -------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------- -------------------------------------------
10 SHARED DISPOSITIVE POWER
See item 5.
-------- -----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See item 5.
-------- -----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
-------- -----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See item 5.
-------- -----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
-------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
1. Security and Issuer.
-------------------
This Amendment No. 2 to Schedule 13D ("Amendment No. 2") amends and
supplements the Schedule 13D filed with the Securities and Exchange Commission
on August 10, 2000 (the "Original 13D" and as amended and supplemented by
Amendment No. 1 filed with the Securities and Exchange Commission on August 24,
2000 ("Amendment No. 1") and this Amendment No. 2, this "Schedule 13D") in
connection with the common stock, par value $.01 per share (the "Common Stock"),
of Westpoint Stevens Inc., a Delaware corporation (the "Issuer"). Capitalized
terms used herein without definition shall have the respective meanings ascribed
thereto in the Original 13D.
3. Source and Amount of Funds or Other Consideration.
-------------------------------------------------
Since the Amendment No. 1, GSCP II has purchased in the open market an
additional 797,000 shares of Common Stock for an aggregate consideration of
approximately $10,214,326 (the "Purchase Price").
GSCP II obtained funds for the Purchase Price from capital
contributions from its respective partners.
4. Purpose of Transaction.
-------------------
The Reporting Persons acquired the Common Stock for investment
purposes.
Other than as set forth in this Item 4 and in Item 4 and Item 6 of
this Schedule 13D, the Reporting Persons do not have any plans or proposals
which relate to or would result in any of the actions or transactions specified
in clauses (a) through (j) of Item 4 of Schedule 13D. The Reporting Persons may
from time to time discuss among themselves and with other persons market
conditions and other factors concerning their investment in the Issuer, as well
as specific actions that might be taken in light of prevailing circumstances
with respect to such interests. The Reporting Persons reserve the right from
time to time to acquire or dispose of the Common Stock, or to formulate other
purposes, plans or proposals regarding the Issuer or the Common Stock held by
the Reporting Persons to the extent deemed advisable in light of general
investment policies, market conditions and other factors.
5. Interest in Securities of the Issuer.
------------------------------------
(a)-(b) Based on the Issuer's Quarterly Report filed on Form 10-Q for
the period ended June 30, 2000, there were issued and outstanding 49,670,667
shares of Common Stock as of August 8, 2000. GSCP II has acquired and for
purposes of Rule 13d-3 under the Act, may be deemed to have the shared power to
vote or direct the vote of, and the shared power to dispose or direct the
disposition of, an aggregate of 4,073,200 shares of Common Stock representing
approximately 8.20% of the issued and outstanding shares of Common Stock.
By virtue of its position as general partner of GSCP II, GSI may be
deemed, for purposes of Rule 13d-3 under the Act, to have shared power to vote
or direct the vote of, and
11
<PAGE>
shared power to dispose or direct the disposition of, an aggregate of 4,073,200
shares of Common Stock representing approximately 8.20% of the issued and
outstanding shares of Common Stock. Nothing in this Schedule 13D shall be
construed as an admission that GSI is, for purposes of Section 13(d) of the Act
and the rules and regulations promulgated thereunder, a beneficial owner of such
securities.
By virtue of its position as manager of GSCP II, GSCP (NJ) LP may be
deemed, for purposes of Rule 13d-3 under the Act, to have shared power to vote
or direct the vote of, and shared power to dispose or direct the disposition of,
an aggregate of 4,073,200 shares of Common Stock representing approximately
8.20% of the issued and outstanding shares of Common Stock. Nothing in this
Schedule 13D shall be construed as an admission that GSCP (NJ) LP is, for
purposes of Section 13(d) of the Act and the rules and regulations promulgated
thereunder, a beneficial owner of such securities.
By virtue of its position as general partner of GSCP (NJ) LP, GSCP
(NJ) Inc. may be deemed, for purposes of Rule 13d-3 under the Act, to have
shared power to vote or direct the vote of, and shared power to dispose or
direct the disposition of, an aggregate of 4,073,200 shares of Common Stock
representing approximately 8.20% of the issued and outstanding shares of Common
Stock. Nothing in this Schedule 13D shall be construed as an admission that GSCP
(NJ) Inc. is, for purposes of Section 13(d) of the Act and the rules and
regulations promulgated thereunder, a beneficial owner of such securities.
By virtue of their positions as managing members of GSI, executive
officers of GSCP (NJ) Inc. and senior limited partners of GSCP (NJ) LP, each of
Messrs. Eckert, Abell, Patel and Hayden may be deemed, for purposes of Rule
13d-3 under the Act, to have shared power to vote or direct the vote of and
shared power to dispose or direct the disposition of an aggregate of 4,073,200
shares of Common Stock representing approximately 8.20% of the issued and
outstanding shares of Common Stock. Nothing in this Schedule 13D shall be
construed as an admission that Messrs. Eckert, Abell, Patel and Hayden are, for
purposes of Section 13(d) of the Act and the rules and regulations promulgated
thereunder, beneficial owners of such securities.
(c) The dates, number of shares and prices per share for all purchases
of Common Stock made by GSCP II since the Amendment No. 1 are set forth below.
All such purchases were made by GSCP II in the open market on the New York Stock
Exchange. Other than as set forth herein or in the Original 13D and the
Amendment No. 1, the Reporting Persons have not effected any transactions
involving the Common Stock during the past 60 days.
Number of Shares Approximate Price
of Common Stock Per Share (exclusive
Date of Purchase Purchased of Commissions)
---------------- --------------- --------------------
August 28, 2000 45,300 $13.47
August 29, 2000 30,500 $13.50
September 25, 2000 533,400 $13.01
September 26, 2000 187,800 $12.01
12
<PAGE>
Nothing in this Amendment No. 2 shall be construed as an admission
that the Reporting Persons and any other persons or entities constitutes a
"group" for purposes of Section 13(d) of the Act and the rules and regulations
promulgated thereunder.
13
<PAGE>
7. Material to be Filed as Exhibits.
--------------------------------
Exhibit I -- Joint Filing Agreement, dated as of September 29, 2000,
among the Reporting Persons.
14
<PAGE>
SIGNATURE
After reasonable inquiry and to the best knowledge and belief of the
Reporting Persons, the Reporting Persons certify that the information set forth
in this statement is true, complete and correct.
GREENWICH STREET CAPITAL PARTNERS II,
L.P.
Dated: September 29, 2000 By: Greenwich Street Investments II, L.L.C., its
general partner
By: /s/ Alfred C. Eckert III
---------------------------------------
Name: Alfred C. Eckert III
Title: Managing Member
GSCP (NJ), L.P.
By: GSCP (NJ), Inc., its general partner
By: /s/ Alfred C. Eckert III
---------------------------------------
Name: Alfred C. Eckert III
Title: Chief Executive Officer
GSCP (NJ), INC.
By: /s/ Alfred C. Eckert III
---------------------------------------
Name: Alfred C. Eckert III
Title: Chief Executive Officer
GREENWICH STREET INVESTMENTS II,
L.L.C.
By: /s/ Alfred C. Eckert III
---------------------------------------
Name: Alfred C. Eckert III
Title: Managing Member
/s/ Alfred C. Eckert III
-------------------------------------------------
Alfred C. Eckert III
/s/ Keith W. Abell
-------------------------------------------------
Keith W. Abell
15
<PAGE>
/s/ Sanjay H. Patel
-------------------------------------------------
Sanjay H. Patel
/s/ Richard M. Hayden
-------------------------------------------------
Richard M. Hayden
16
<PAGE>
EXHIBIT I TO AMENDMENT NO. 2
----------------------------
JOINT FILING AGREEMENT
WHEREAS, in accordance with Rule 13d-1(f) under the Securities and
Exchange Act of 1934 (the "Act"), only one joint statement and any amendments
thereto need to be filed whenever one or more persons are required to file such
a statement or any amendments thereto pursuant to Section 13(d) of the Act with
respect to the same securities, provided that said persons agree in writing that
such statement or amendments thereto is filed on behalf of each of them;
NOW, THEREFORE, the undersigned acknowledge and agree that the
foregoing Amendment No. 2 to Schedule 13D is filed on behalf of each of the
undersigned and all subsequent amendments to the Original 13D shall be on behalf
of each of the undersigned without the necessity of filing additional joint
filing statements. The undersigned acknowledge that each shall be responsible
for the timely filing of such amendments, and for the completeness and accuracy
of the information concerning him or her contained therein, but shall not be
responsible for the completeness and accuracy of the information concerning the
others, except to the extent that he or she knows of reason to believe that such
information is not accurate.
GREENWICH STREET CAPITAL PARTNERS II, L.P.
Dated: September 29, 2000 By: Greenwich Street Investments II, L.L.C., its
general partner
By: /s/ Alfred C. Eckert III
---------------------------------------
Name: Alfred C. Eckert III
Title: Managing Member
17
<PAGE>
GSCP (NJ), L.P.
By: GSCP (NJ), Inc., its general partner
By: /s/ Alfred C. Eckert III
---------------------------------------
Name: Alfred C. Eckert III
Title: Chief Executive Officer
GSCP (NJ), INC.
By: /s/ Alfred C. Eckert III
---------------------------------------
Name: Alfred C. Eckert III
Title: Chief Executive Officer
GREENWICH STREET INVESTMENTS II,
L.L.C.
By: /s/ Alfred C. Eckert III
---------------------------------------
Name: Alfred C. Eckert III
Title: Managing Member
/s/ Alfred C. Eckert III
-------------------------------------------------
Alfred C. Eckert III
/s/ Keith W. Abell
-------------------------------------------------
Keith W. Abell
/s/ Sanjay H. Patel
-------------------------------------------------
Sanjay H. Patel
/s/ Richard M. Hayden
-------------------------------------------------
Richard M. Hayden
18
