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 5, 1997
________________________________________
THERMOLASE CORPORATION
(Exact name of Registrant as specified in its charter)
Delaware 1-13104 06-1360302
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification Number)
incorporation or
organization)
10455 Pacific Court Center
San Diego, California 92121-4339
(Address of principal executive offices) (Zip Code)
(617) 622-1000
(Registrant's telephone number
including area code)
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Item 5. Other Events
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On August 5, 1997, ThermoLase Corporation (the "Company") issued
a press release, attached hereto as Exhibit 99.1, to announce
that it has entered into an agreement to sell at par $115 million
principal amount of its 4-3/8% subordinated debentures due 2004
(the "Debentures"). The Debentures will be convertible into
shares of the Company's common stock at an initial conversion
price of $17.385.
Item 7. Financial Statements, Pro Forma Combined Condensed Financial
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Information and Exhibits
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(a) Financial Statements of Business Acquired: not applicable.
(b) Pro Forma Combined Condensed Financial Information: not
applicable.
(c) Exhibits
99.1 Press Release of the Company, dated August 5, 1997
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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 thereunto duly authorized, on this 5th day of August, 1997.
THERMOLASE CORPORATION
By: /s/ Melissa F. Riordan
--------------------------
Melissa F. Riordan
Treasurer
AA972170011
Exhibit 99
THERMOLASE CORPORATION ANNOUNCES CONVERTIBLE
SUBORDINATED DEBENTURE OFFERING
SAN DIEGO, Calif., August 5, 1997 -- ThermoLase Corporation
(ASE-TLZ) today announced that it has entered into an agreement
to sell at par $115 million of 4-3/8 percent subordinated
debentures due 2004. The debentures will be convertible into
shares of common stock at a price of $17.385. The debentures are
guaranteed on a subordinated basis by Thermo Electron Corporation
(NYSE-TMO). The debentures will not be 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
the registration requirements of the Act.
AA972170003
