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: July 11, 2000
UnitedGlobalCom, Inc.
(Exact Name of Registrant as Specified in Charter)
Delaware 0-21974 84-1116217
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification #)
incorporation)
4643 South Ulster Street, Suite 1300, Denver, CO 80237
(Address of Principal Executive Office)
(303) 770-4001
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
On June 26, 2000, UnitedGlobalCom, Inc. ("United") and Liberty Media Corporation
("Liberty") announced an agreement (the "Agreement") pursuant to which United
will acquire certain of Liberty's international broadband distribution and
programming assets (the "Transaction"). On July 11, 2000, the parties amended
the Agreement to, among other things, permit Liberty or its affiliates to prepay
an obligation up to $31.5 million as to which United agreed pursuant to the
Agreement. The amendment also permits Liberty to make a loan
and provide other credit support to third parties, totaling up to $47 million.
As a result of the foregoing, at the closing of the Transaction, United would
acquire the rights and assume the obligations with respect to such loan as well
as all rights under the AISA Option (as defined in the Amendment) and would pay
Liberty and its affiliates in cash or shares an amount equal to the sum of the
prepayment and amounts paid under the credit supports plus 10% per annum
thereon. For a full description of the amendment to the Agreement, please see
Exhibit 10.1 filed herewith.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
10.1 First Amendment to Agreement dated as of July 11, 2000, among
UnitedGlobalCom, Inc., Liberty Media Corporation and Liberty Media
International, Inc.
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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 of the
undersigned thereunto duly authorized.
UNITEDGLOBALCOM, INC.
DATE: December 18, 2000 By: /s/ Frederick G. Westerman, III
Frederick G. Westerman, III
Chief Financial Officer
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