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): August 13, 1999
BENCHMARK ELECTRONICS, INC.
(Exact name of registrant as specified in its charter)
TEXAS 1-10560 74-2211011
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
3000 TECHNOLOGY DRIVE, ANGLETON, TEXAS 77515
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (409) 849-6550
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ITEM 5. OTHER EVENTS.
Benchmark Electronics, Inc. today made the press release attached
hereto as Exhibit 99.1
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
The following materials are filed as an exhibit to this Current
Report on Form 8-K.
EXHIBIT
NUMBER DESCRIPTION
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99.1 Press Release dated August 13, 1999.
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<PAGE>
S I G N A T U R E
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.
BENCHMARK ELECTRONICS, INC.
Dated: August 13, 1999 By: /s/ GAYLA J. DELLY
Gayla J. Delly
Treasurer
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EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
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99.1 Press Release dated August 13, 1999.
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EXHIBIT 99.1
PRESS RELEASE
FOR MORE INFORMATION, CALL:
CARY T. FU
EXECUTIVE VICE PRESIDENT
BENCHMARK ELECTRONICS, INC.
(409) 849-6550
AUGUST 13, 1999
FOR IMMEDIATE RELEASE
BENCHMARK ELECTRONICS SOLD
$75 MILLION IN 6% CONVERTIBLE SUBORDINATED NOTES
ANGLETON, Texas, August 13 - Benchmark Electronics, Inc. (NYSE:BHE) today
announced that it sold $75 million principal amount of 6% Convertible
Subordinated Notes due 2006.
The notes are convertible 90 days after issuance, at the option of holders, into
shares of Benchmark's common stock at an initial conversion price of $40.20 per
share.
Proceeds from the offering will be used for general corporate purposes,
including the funding of a portion of the purchase price of Benchmark's
previously announced acquisition of AVEX Electronics, Inc., and working capital.
The notes were sold to Qualified Institutional Investors in a private placement
under Rule 144A of the Securities Act of 1933, as amended, Institutional
Accredited Investors under Rule 501(a)(1), (2), (3) or (7) under the Securities
Act and outside the United States in accordance with Regulation S under the
Securities Act. The notes were not registered under the Securities Act and may
not be offered or sold in the United States absent registration under
the Securities Act or available exemptions from registration requirements under
the Securities Act.
Benchmark Electronics, Inc. provides electronic manufacturing and engineering
services to original equipment manufacturers in select industries, including
enterprise computer, telecommunications, medical device, industrial control and
testing and instrumentation. Benchmark is a full-service supplier of electronics
manufacturing and engineering services. The Company operates facilities in
Angleton, Texas; Beaverton, Oregon; Hudson, New Hampshire; Winona, Minnesota;
and Dublin, Ireland.
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