<PAGE> 1
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) November 26, 1997
ACME METALS INCORPORATED
- -------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 1-14378 36-3802419
- ------------------------- ------------------------ --------------------
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification
Incorporation) Number)
13500 South Perry Avenue, Riverdale, Illinois 60827-1182
- -------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 708-849-2500
------------
- -------------------------------------------------------------
(Former name or former address, if changed since last report)
<PAGE> 2
Item 5. Other Events.
The Company announced today that it has proposed a private placement of
$225,000,000 in aggregate principal amount of unsubordinated, unsecured Senior
Notes due 2007, at an interest rate to be determined.
The following exhibit accompanies this Current Report on Form 8-K:
Exhibit No. Description
----------- --------------------
20.1 Press release issued
on November 26, 1997
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.
ACME METALS INCORPORATED
Date: November 26, 1997 By: /s/ Edward P. Weber, Jr.
--------------------------
Vice President, General Counsel
and Secretary
2
<PAGE> 1
[ACME METALS INCORPORATED LETTERHEAD] EXHIBIT 20.1
NEWS RELEASE For further information contact:
NOVEMBER 26, 1997 Joel L. Hawthorne
Director
Investor and Public Relations
(708) 841-8383, ext. 2266
ACME METALS PROPOSES OFFERING OF $225 MILLION SENIOR NOTES
RIVERDALE, Illinois, November 26, 1997 -- Acme Metals Incorporated announced
today that it has proposed an offering of $225,000,000 in aggregate principal
amount of Senior Notes due 2007, at an interest rate to be determined. The
Senior Notes will be unsubordinated and unsecured indebtedness of the Company.
In addition, the Company is planning to syndicate a $175,000,000 term loan
facility through Morgan Stanley Senior Funding, Inc. and Bankers Trust Company.
Net proceeds from the new note offering and the term loan will be used to repay
existing debt.
The Notes have not been registered under the Securities Act of 1933, as
amended, and the Notes may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements.
Acme Metals Incorporated, through its operating subsidiaries, is a fully
integrated producer of steel, steel strapping and strapping products, welded
steel tubing, and auto and light truck jacks. Its common stock is traded on
the New York Stock Exchange under the symbol AMI and on the Toronto Stock
Exchange under the symbol AMK.
###
