UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(AMENDMENT NO. 1)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
AMF BOWLING, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
- --------------------------------------------------------------------------------
(Title of Class of Securities)
03113V109
- --------------------------------------------------------------------------------
(CUSIP Number)
DAVID J. GREENWALD, ESQ.
GOLDMAN, SACHS & CO.
85 BROAD STREET
NEW YORK, NY 10004
(212) 902-1000
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
NOVEMBER 12, 1998
- --------------------------------------------------------------------------------
(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(e), 13d-1(f) or 13d-1(g), check the following
box: / /.
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. 03113V109 Page 2 of 22
- ----------------------------------------- ----------------------------------
<S> <C>
- ------------ ----- --------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
THE GOLDMAN SACHS GROUP, L.P.
- ------------ ----- --------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ----- --------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF-OO
- ------------ ----- --------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
DELAWARE
- ------------ ----- --------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
870,000
NUMBER OF
------- ------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
SHARES 30,052,743
BENEFICIALLY
------- ------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
OWNED BY 870,000
EACH
------- ------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
REPORTING
30,052,743
PERSON WITH
- ------------------ ------- ------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,922,743
- ------------------ --------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ------------------ --------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
51.0%
- ------------------ --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
HC-PN
- ------------------ --------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
</TABLE>
2
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. 03113V109 Page 3 of 22
- ----------------------------------------- ----------------------------------
<S> <C>
- ------------ ----- --------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GOLDMAN, SACHS & CO.
- ------------ ----- --------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ----- --------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF-OO
- ------------ ----- --------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
NEW YORK
- ------------ ----- --------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
NUMBER OF
------- ------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
SHARES 30,052,743
BENEFICIALLY
------- ------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
OWNED BY 0
EACH
------- ------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
REPORTING
30,052,743
PERSON WITH
- ------------------ ------- ------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,052,743
- ------------------ --------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ------------------ --------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
50.3%
- ------------------ --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
BP-PN-IA
- ------------------ --------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
</TABLE>
3
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. 03113V109 Page 4 of 22
- ----------------------------------------- ----------------------------------
<S> <C>
- ------------ ----- --------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GS CAPITAL PARTNERS II, L.P.
- ------------ ----- --------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ----- --------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- ------------ ----- --------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
DELAWARE
- ------------ ----- --------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
NUMBER OF
------- ------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
SHARES 19,317,476
BENEFICIALLY
------- ------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
OWNED BY 0
EACH
------- ------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
REPORTING
19,317,476
PERSON WITH
- ------------------ ------- ------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,317,476
- ------------------ --------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ------------------ --------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
32.3%
- ------------------ --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ------------------ --------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, REPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
</TABLE>
4
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. 03113V109 Page 5 of 22
- ----------------------------------------- ----------------------------------
<S> <C>
- ------------ ----- --------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GS ADVISORS, L.P.
- ------------ ----- --------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ----- --------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- ------------ ----- --------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
DELAWARE
- ------------ ----- --------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
NUMBER OF
------- ------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
SHARES 19,317,476
BENEFICIALLY
------- ------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
OWNED BY 0
EACH
------- ------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
REPORTING
19,317,476
PERSON WITH
- ------------------ ------- ------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,317,476
- ------------------ --------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/ /
- ------------------ --------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
32.3%
- ------------------ --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ------------------ --------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
</TABLE>
5
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. 03113V109 Page 6 of 22
- ----------------------------------------- ----------------------------------
<S> <C>
- ------------ ----- --------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GS CAPITAL PARTNERS II OFFSHORE, L.P.
- ------------ ----- --------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ----- --------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- ------------ ----- --------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
CAYMAN ISLANDS
- ------------ ----- --------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
NUMBER OF
------- ------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
SHARES 7,679,488
BENEFICIALLY
------- ------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
OWNED BY 0
EACH
------- ------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
REPORTING
7,679,488
PERSON WITH
- ------------------ ------- ------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,679,488
- ------------------ --------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ------------------ --------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.9%
- ------------------ --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ------------------ --------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
</TABLE>
6
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. 03113V109 Page 7 of 22
- ----------------------------------------- ----------------------------------
<S> <C>
- ------------ ----- --------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GS CAPITAL PARTNERS II (GERMANY) C.L.P.
- ------------ ----- --------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ----- --------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- ------------ ----- --------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
GERMANY
- ------------ ----- --------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
NUMBER OF
------- ------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
SHARES 712,530
BENEFICIALLY
------- ------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
OWNED BY 0
EACH
------- ------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
REPORTING
712,530
PERSON WITH
- ------------------ ------- ------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
712,530
- ------------------ --------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ------------------ --------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.2%
- ------------------ --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ------------------ --------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
</TABLE>
7
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. 03113V109 Page 8 of 22
- ----------------------------------------- ----------------------------------
<S> <C>
- ------------ ----- --------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GS ADVISORS II (CAYMAN), L.P.
- ------------ ----- --------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ----- --------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- ------------ ----- --------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
CAYMAN ISLANDS
- ------------ ----- --------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
NUMBER OF
------- ------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
SHARES 7,679,488
BENEFICIALLY
------- ------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
OWNED BY 0
EACH
------- ------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
REPORTING
7,679,488
PERSON WITH
- ------------------ ------- ------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,679,488
- ------------------ --------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ------------------ --------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.9%
- ------------------ --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ------------------ --------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
</TABLE>
8
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. 03113V109 Page 9 of 22
- ----------------------------------------- ----------------------------------
<S> <C>
- ------------ ----- --------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GOLDMAN, SACHS & CO. OHG
- ------------ ----- --------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ----- --------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- ------------ ----- --------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
GERMANY
- ------------ ----- --------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
NUMBER OF
------- ------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
SHARES 712,530
BENEFICIALLY
------- ------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
OWNED BY 0
EACH
------- ------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
REPORTING
712,530
PERSON WITH
- ------------------ ------- ------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
712,530
- ------------------ --------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ------------------ --------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.2%
- ------------------ --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ------------------ --------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
</TABLE>
9
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. 03113V109 Page 10 of 22
- ----------------------------------------- ----------------------------------
<S> <C>
- ------------ ----- --------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
STONE STREET FUND 1995, L.P.
- ------------ ----- --------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ----- --------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- ------------ ----- --------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
DELAWARE
- ------------ ----- --------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
NUMBER OF
------- ------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
SHARES 451,922
BENEFICIALLY
------- ------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
OWNED BY 0
EACH
------- ------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
REPORTING 451,922
PERSON WITH
- ------------------ ------- ------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
451,922
- ------------------ --------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ------------------ --------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.8%
- ------------------ --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ------------------ --------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
</TABLE>
10
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. 03113V109 Page 11 of 22
- ----------------------------------------- ----------------------------------
<S> <C>
- ------------ ----- --------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BRIDGE STREET FUND 1995, L.P.
- ------------ ----- --------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ----- --------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- ------------ ----- --------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
DELAWARE
- ------------ ----- --------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
NUMBER OF
------- ------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
SHARES 508,546
BENEFICIALLY
------- ------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
OWNED BY 0
EACH
------- ------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
REPORTING 508,546
PERSON WITH
- ------------------ ------- ------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
508,546
- ------------------ --------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ------------------ --------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.9%
- ------------------ --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ------------------ --------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
</TABLE>
11
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. 03113V109 Page 12 of 22
- ----------------------------------------- ----------------------------------
<S> <C>
- ------------ ----- --------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
STONE STREET FUND 1996, L.P.
- ------------ ----- --------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ----- --------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- ------------ ----- --------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
DELAWARE
- ------------ ----- --------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
NUMBER OF
------- ------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
SHARES 772,645
BENEFICIALLY
------- ------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
OWNED BY 0
EACH
------- ------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
REPORTING 772,645
PERSON WITH
- ------------------ ------- ------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
772,645
- ------------------ --------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ------------------ --------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.3%
- ------------------ --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ------------------ --------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
</TABLE>
12
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. 03113V109 Page 13 of 22
- ----------------------------------------- ----------------------------------
<S> <C>
- ------------ ----- --------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BRIDGE STREET FUND 1996, L.P.
- ------------ ----- --------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ----- --------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- ------------ ----- --------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
DELAWARE
- ------------ ----- --------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
NUMBER OF
------- ------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
SHARES 523,986
BENEFICIALLY
------- ------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
OWNED BY 0
EACH
------- ------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
REPORTING 523,986
PERSON WITH
- ------------------ ------- ------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
523,986
- ------------------ --------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ------------------ --------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.9%
- ------------------ --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ------------------ --------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
</TABLE>
13
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. 03113V109 Page 14 of 22
- ----------------------------------------- ----------------------------------
<S> <C>
- ------------ ----- --------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
STONE STREET VALUE CORP.
- ------------ ----- --------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ----- --------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- ------------ ----- --------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
DELAWARE
- ------------ ----- --------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
NUMBER OF
------- ------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
SHARES 960,468
BENEFICIALLY
------- ------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
OWNED BY 0
EACH
------- ------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
REPORTING 960,468
PERSON WITH
- ------------------ ------- ------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
960,468
- ------------------ --------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ------------------ --------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.6%
- ------------------ --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- ------------------ --------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
</TABLE>
14
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. 03113V109 Page 15 of 22
- ----------------------------------------- ----------------------------------
<S> <C>
- ------------ ----- --------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
STONE STREET EMPIRE CORP.
- ------------ ----- --------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ ----- --------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- ------------ ----- --------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- ------------ ----- --------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
DELAWARE
- ------------ ----- --------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
NUMBER OF
------- ------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
SHARES 1,296,631
BENEFICIALLY
------- ------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
OWNED BY 0
EACH
------- ------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
REPORTING 1,296,631
PERSON WITH
- ------------------ ------- ------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,296,631
- ------------------ --------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
- ------------------ --------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.2%
- ------------------ --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- ------------------ --------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
</TABLE>
15
<PAGE>
GS Capital Partners II, L.P. ("GS Capital II"), GS Capital Partners II
Offshore, L.P. ("GS Offshore"), GS Capital Partners II Germany Civil Law
Partnership ("GS Germany"), Stone Street Fund 1995, L.P. ("1995 Stone"), Stone
Street Fund 1996, L.P. ("1996 Stone"), Bridge Street Fund 1995, L.P. ("1995
Bridge") and Bridge Street Fund 1996, L.P. ("1996 Bridge" and together with GS
Capital II, GS Offshore, GS Germany, 1995 Stone, 1996 Stone and 1995 Bridge, the
"Limited Partnerships"), Stone Street Value Corp. ("Stone Value"), Stone Street
Empire Corp. ("Stone Empire"), Goldman, Sachs & Co. ("Goldman Sachs"), GS
Advisors, L.P. ("GS Advisors"), GS Advisors II (Cayman), L.P. ("GS Advisors
Cayman"), Goldman, Sachs & Co. oHG ("GS oHG") and The Goldman Sachs Group, L.P.
("GS Group" and, together with Goldman Sachs, GS Advisors, GS Advisors Cayman,
GS oHG, Stone Value, Stone Empire and the Limited Partnerships, the "Filing
Persons") hereby file this Amendment No. 1 (this "Amendment No. 1") to the
Statement on Schedule 13D (the "Schedule 13D") filed with respect to the common
stock, par value $0.01 per share (the "Common Stock"), of AMF Bowling, Inc., a
Delaware corporation (the "Company"). (1) Unless otherwise indicated, all
capitalized terms not otherwise defined herein shall have the same meanings as
those set forth in the Schedule 13D.
ITEM 2. IDENTITY AND BACKGROUND.
Item 2 is hereby amended and supplemented as follows:
As of November 10, 1998, Goldman Sachs and GS Group may be deemed to
beneficially own 29,966,593 shares of Common Stock through the Limited
Partnerships. In addition, GS Group beneficially owns 870,000 shares of Common
Stock pursuant to warrants (the "Warrants") to purchase, for $.01 per share,
870,000 shares of Common Stock. The Warrants are immediately exercisable and
will expire on May 1, 2006. As of November 10, 1998, Goldman Sachs and GS Group
may be deemed to beneficially own 86,150 shares of Common Stock held in client
accounts with respect to which Goldman Sachs or employees of Goldman Sachs have
voting or investment discretion, or both ("Managed Accounts"). Goldman Sachs and
GS Group each disclaim beneficial ownership of (i) shares of Common Stock
beneficially owned by the Limited Partnerships to the extent of partnership
interests in the Limited Partnerships held by persons other than Goldman Sachs,
GS Group or their affiliates and (ii) shares of Common Stock held in Managed
Accounts.
The name, business address, present principal occupation or employment
and citizenship of each director of GS Corp. and GS L.L.C. and of each member of
the executive committees of GS Corp., GS L.L.C., GS Group and Goldman Sachs are
set forth in amended Schedule I hereto and are incorporated herein by reference.
The name, business address, present principal occupation or employment and
citizenship and each director and each executive officer of GS Advisors, Inc.
and GS Advisors II, Inc., each a Delaware corporation and the sole general
partner of GS Advisors and GS Advisors Cayman, respectively, are set forth in
amended Schedules II-A-i and II-A-ii hereto respectively and are incorporated
herein by reference. The name, business address, present principal occupation or
employment and citizenship of each director and each executive officer of Stone
Value and Stone Empire are set forth in amended Schedule II-B-i and II-B-ii
hereto respectively and are incorporated herein by reference. The name, business
address, present principal occupation or employment and citizenship of each
Managing Director of Goldman, Sachs & Co. Finanz GmbH, which is the managing
general partner of GS oHG, are set forth in amended Schedule II-C and are
incorporated herein by reference.
During the last five years, none of the Filing Persons, or, to the
knowledge of each of the Filing Persons, any of the persons listed on amended
Schedule I, II-A-i, II-A-ii, II-B-i, II-B-ii or II-C hereto, (i) has been
convicted in a criminal proceeding (excluding traffic violations or similar
- ----------
(1) Neither the present filing nor anything contained herein shall be
construed as an admission that any Filing Person constitutes a "person"
for any purposes other than Section 13(d) of the Securities Exchange
Act of 1934.
16
<PAGE>
misdemeanors) or (ii) except as set forth in amended Schedule III hereto, has
been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is subject to a
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, federal or state securities laws, or finding
any violation with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 is hereby amended and supplemented as follows:
As of November 10, 1998, Goldman Sachs may be deemed to beneficially
own 86,150 shares of Common Stock held by the Managed Accounts. No
transactions in the Common Stock were effected by the Filing Persons or, to the
knowledge of the Filing Persons, by any of the Persons listed on amended
Schedules I, II-A-i, II-A-ii, II-B-i, II-B-ii or II-C hereto during the past
sixty days.
The funds used to purchase shares of Common Stock for the Managed
Accounts came from client funds.
ITEM 4. PURPOSE OF THE TRANSACTION.
Item 4 is hereby amended and supplemented as follows:
Each of the Filing Persons expects to continue to evaluate on an ongoing
basis the Company's financial condition, business, operations and prospects, the
market price of the securities of the Company and its subsidiaries, conditions
in the securities markets generally, general economic and industry conditions
and other factors. Accordingly, each Filing Person reserves the right to change
its plans and intentions at any time, as it deems appropriate. In particular,
the Filing Persons may purchase additional shares of Common Stock or debt
securities of the Company and its subsidiaries or may sell debt or equity
securities of the Company or its subsidiaries from time to time in public or
private transactions and/or may enter into privately negotiated derivative
transactions with institutional counterparties to hedge the market risk of some
or all of its positions in the securities of the Company or its subsidiaries.
Certain of the Filing Persons currently intend to make open market purchases of
the Company's Zero Coupon Convertible Debentures due 2018 (the "Debentures")
and/or the 12 1/4% Senior Subordinated Discount Notes due 2006 (the "Notes")
depending on pricing and availability; however, there can be no assurance as to
whether any of the Filing Persons will acquire such securities or, if such
securities are acquired, the amount of securities so acquired. Any such
purchases and sales may be effected at any time or from time to time (subject to
any applicable limitations imposed on the sale of any of their securities by the
Securities Act, and, in the case of sales by the Limited Partnerships, subject
to the other restrictions described in Item 6, as amended by this amendment).
Certain of the Filing Persons have had discussions with certain of the Other
Investors regarding whether they would be interested in purchasing or causing to
be purchased Debentures and /or Notes together with the Filing Persons. To the
knowledge of each Filing Person, each of the persons listed on amended Schedule
I, II-A-i, II-A-ii, II-B-i, II-B-ii or II-C hereto may make the same evaluation.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended and restated as follows:
(a) As of November 10, 1998, GS Capital II may be deemed to own
beneficially and directly, and its general partner, GS Advisors, may be deemed
to own beneficially and indirectly, 19,317,476 shares of Common Stock. GS
Advisors disclaims beneficial ownership of the securities reported herein.
17
<PAGE>
As of November 10, 1998, GS Offshore may be deemed to own beneficially
and directly, and its general partner, GS Advisors Cayman, may be deemed to own
beneficially and indirectly, 7,679,488 shares of Common Stock. GS Advisors
Cayman disclaims beneficial ownership of the securities reported herein.
As of November 10, 1998, GS Germany may be deemed to own beneficially
and directly, and its managing partner, GS oHG, may be deemed to own
beneficially and indirectly, 712,530 shares of Common Stock. GS oHG disclaims
beneficial ownership of the securities reported herein.
As of November 10, 1998, 1995 Stone may be deemed to own beneficially
and directly, and its general partner, Stone Value, may be deemed to own
beneficially and indirectly, 451,922 shares of Common Stock. Stone Value
disclaims beneficial ownership of the securities reported herein.
As of November 10, 1998, 1996 Stone may be deemed to own beneficially
and directly, and its general partner, Stone Empire, may be deemed to own
beneficially and indirectly, 772,645 shares of Common Stock. Stone Empire
disclaims beneficial ownership of the securities reported herein.
As of November 10, 1998, 1995 Bridge may be deemed to own beneficially
and directly, and its managing general partner, Stone Value, may be deemed to
own beneficially and indirectly, 508,546 shares of Common Stock. Stone Value
disclaims beneficial ownership of the securities reported herein.
As of November 10, 1998, 1996 Bridge may be deemed to own beneficially
and directly, and its managing general partner, Stone Empire, may be deemed to
own beneficially and indirectly, 523,986 shares of Common Stock. Stone Empire
disclaims beneficial ownership of the securities reported herein.
The Company has reported in its Quarterly Report on Form 10-Q for the
Quarterly Period ended September 30, 1998 that there were 59,747,550 shares of
Common Stock outstanding, as of October 23, 1998.
Based on the foregoing, GS Capital II may be deemed to own
beneficially and directly approximately 32.3%, GS Advisors may be deemed to own
beneficially and indirectly approximately 32.3%, GS Offshore may be deemed to
own beneficially and indirectly approximately 12.9%, GS Advisors Cayman may be
deemed to own beneficially and indirectly approximately 12.9%, GS Germany may be
deemed to own beneficially and directly approximately 1.2%, GS oHG may be deemed
to own beneficially and indirectly approximately 1.2%, 1995 Stone may be deemed
to own beneficially and directly approximately 0.8%, 1996 Stone may be deemed to
own beneficially and directly approximately 1.3%, 1995 Bridge may be deemed to
own beneficially and directly approximately 0.9%, 1996 Bridge may be deemed to
own beneficially and directly approximately 0.9%, Stone Value may be deemed to
own beneficially and indirectly approximately 1.6% and Stone Empire may be
deemed to own beneficially and indirectly approximately 2.2%, in each case of
the outstanding shares of Common Stock.
As of November 10, 1998, Goldman Sachs and GS Group may be deemed to
beneficially own the 29,966,593 shares of Common Stock beneficially owned by the
Limited Partnerships. In addition, GS Group may be deemed to beneficially own
870,000 shares of Common Stock pursuant to the Warrants. The Warrants are
immediately exercisable and will expire on May 1, 2006. A copy of the Warrant
Agreement, dated as of May 1, 1996, between the Company and GS Group pursuant to
which the Warrants were issued is filed as Exhibit (1) hereto and is
incorporated
18
<PAGE>
herein by reference. In addition, Goldman Sachs and GS Group may be deemed to
beneficially own at November 10, 1998, the 86,150 shares of Common Stock held in
Managed Accounts. Based on such holdings, Goldman Sachs and GS Group may be
deemed to have beneficially owned at November 10, 1998 approximately 50.3% and
51.0%, respectively, of the outstanding shares of Common Stock.
Goldman Sachs and GS Group disclaim beneficial ownership of (i) the
shares of Common Stock beneficially owned by the Limited Partnerships to the
extent of partnership interests in the Limited Partnerships held by persons
other than Goldman Sachs, GS Group or their affiliates and (ii) the shares of
Common Stock held in Managed Accounts.
None of the Filing Persons or, to the knowledge of the Filing Persons,
the persons listed on amended Schedule I, II-A-i, II-A-ii, II-B-i, II-B-ii or
II-C hereto beneficially owns any shares of Common Stock other than as set forth
herein.
The Other Investors party to the Stockholders Agreement are comprised
of investment funds affiliated with The Blackstone Group, Kelso & Company, Bain
Capital Inc. and Citicorp North America, Inc. and certain directors, officers
and other employees of the Company and its subsidiaries. Based on the
information set forth in the Company's prospectus dated November 6, 1998, as of
November 3, 1998, the Other Investors owned in the aggregate approximately 24.2%
of the outstanding Common Stock.
(b) Each Filing Person shares the power to vote or direct the
vote and to dispose or to direct the disposition of shares of Common Stock
beneficially owned by such Filing Person as indicated in pages 2 through 15
above.
(c) No transactions in the Common Stock were effected by the
Filing Persons, or, to their knowledge, any of the persons listed on amended
Schedule I, Schedule II-A-i, II-A-ii, II-B-i, II-B-ii or II-C hereto, during the
past sixty days.
(d) Except for clients of Goldman Sachs who may have the
right to receive or the power to direct the receipt of dividends from, or the
proceeds from the sale of, any shares of Common Stock held in Managed Accounts,
no other person is known by any Filing Person to have the right to receive or
the power to direct the receipt of dividends from, or the proceeds from the sale
of, any shares of Common Stock beneficially owned by any Filing Person.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
Item 6 is hereby amended and supplemented as follows:
Stockholders Agreement. Pursuant to a Consent of Stockholders (the
"Consent") dated as of November 12, 1998, each of the Stockholders party to the
Stockholders Agreement and their affiliates, including the Filing Persons, are
permitted to purchase, own, sell or trade notes or bonds of the Company or its
subsidiaries. A copy of the Consent of Stockholders is filed as Exhibit (1)
hereto and is incorporated herein by reference. Certain of the Filing Persons
have had discussions with certain of the Other Investors regarding whether they
would be interested in purchasing or causing to be purchased Debentures and /or
Notes together with the Filing Persons.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
(1) Form of Consent of Stockholders, dated as of November 12, 1998,
relating to the Stockholders Agreement by and among the Company, the
Limited Partnerships and the other parties thereto, dated as of April
30, 1996.
19
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
November 12, 1998
GOLDMAN, SACHS & CO.
By: /s/ Richard Friedman
Name: Richard A. Friedman
Title: Managing Director
THE GOLDMAN SACHS GROUP, L.P.
By: The Goldman Sachs Corporation,
its general partner
By: /s/ Richard Friedman
Name: Richard A. Friedman
Title: Executive Vice President
GS ADVISORS, L.P.
By: GS Advisors, Inc., its general
partner
By: /s/ Richard Friedman
Name: Richard A. Friedman
Title: President
GS ADVISORS (CAYMAN), L.P.
By: GS Advisors II, Inc., its general
partner
By: /s/ Richard A. Friedman
Name: Richard A. Friedman
Title: President
GS CAPITAL PARTNERS II, L.P.
By: GS Advisors, L.P., its general
partner
By: GS Advisors, Inc., its general
partner
By: /s/ Richard Friedman
Name: Richard A. Friedman
Title: President
20
<PAGE>
GS CAPITAL PARTNERS II OFFSHORE L.P.
By: GS Advisors II (Cayman), L.P.,
its general partner
By: GS Advisors II, Inc., its general
partner
By: /s/ Richard A. Friedman
Name: Richard A. Friedman
Title: President
GS CAPITAL PARTNERS II GERMANY CIVIL
LAW PARTNERSHIP (with limitation of
liability)
By: Goldman, Sachs & Co. oHG,
its managing partner
By: Goldman, Sachs & Co. Finanz GmbH,
its managing partner
By: /s/ Richard A. Friedman
Name: Richard A. Friedman
Title: Attorney-in-Fact
GOLDMAN, SACHS & CO. oHG
By: Goldman, Sachs & Co. Finanz GmbH,
its managing partner
By: /s/ Richard A. Friedman
Name: Richard A. Friedman
Title: Attorney-in-Fact
STONE STREET FUND 1995, L.P.
By: Stone Street Value Corp.,
its general partner
By: /s/ Richard A. Friedman
Name: Richard A. Friedman
Title: Vice President
STONE STREET FUND 1996, L.P.
By: Stone Street Empire Corp.,
its general partner
By: /s/ Richard A. Friedman
Name: Richard A. Friedman
Title: Vice President
21
<PAGE>
BRIDGE STREET FUND 1995, L.P.
By: Stone Street Value Corp.,
its managing general partner
By: /s/ Richard A. Friedman
Name: Richard A. Friedman
Title: Vice President
BRIDGE STREET FUND 1996, L.P.
By: Stone Street Empire Corp.,
its managing general partner
By: /s/ Richard A. Friedman
Name: Richard A. Friedman
Title: Vice President
STONE STREET VALUE CORP.
By: /s/ Richard A. Friedman
Name: Richard A. Friedman
Title: Vice President
STONE STREET EMPIRE CORP.
By: /s/ Richard A. Friedman
Name: Richard A. Friedman
Title: Vice President
22
<PAGE>
INDEX OF EXHIBITS
(1) Form of Consent of Stockholders, dated as of November 12, 1998,
relating to the Stockholders Agreement by and among the Company, the
Limited Partnerships and the other parties thereto, dated as of April
30, 1996.
<PAGE>
SCHEDULE I
----------
<TABLE>
The name of each director of The Goldman Sachs Corporation and The
Goldman, Sachs & Co. L.L.C. and of each member of the executive committees
of The Goldman Sachs Corporation, The Goldman Sachs & Co. L.L.C., The
Goldman Sachs Group, L.P. and Goldman, Sachs & Co. is set forth below.
The business address of each person listed below except John L.
Thornton is 85 Broad Street, New York, NY 10004. The business address of
John L. Thornton is 133 Fleet Street, London EC4A 2BB, England. Each person
is a citizen of the United States of America. The present principal
occupation or employment of each of the listed persons is as a managing
director of Goldman, Sachs & Co. or another Goldman Sachs operating entity
and as a member of the executive committee.
<S> <C>
Jon Z. Corzine
Henry M. Paulson, Jr.
Roy J. Zuckerberg
Robert J. Hurst
John A. Thain
John L. Thornton
</TABLE>
<PAGE>
SCHEDULE II-A-i
---------------
<TABLE>
The name, position and present principal occupation of each director
and executive officer of GS Advisors, Inc., the sole general partner of GS
Advisors, L.P., which is the sole general partner of GS Capital Partners
II, L.P., are set forth below.
The business address for all the executive officers and directors
listed below except Henry Cornell and Barry S. Volpert is 85 Broad Street,
New York, New York 10004. The business address of Henry Cornell is 3 Garden
Road, Hong Kong. The business address of Barry S. Volpert is 133 Fleet
Street, London EC4A 2BB, England.
All executive officers and directors listed below are United States
citizens.
<CAPTION>
Name Position Present Principal Occupation
-----------------------------------------------------------------------------------------------------------
<S> <C> <C>
Richard A. Friedman Director/President Managing Director of Goldman, Sachs & Co.
Terence M. O'Toole Director/Vice President Managing Director of Goldman, Sachs & Co.
Elizabeth S. Cogan Treasurer Managing Director of Goldman, Sachs & Co.
Joseph H. Gleberman Director/Vice President Managing Director of Goldman, Sachs & Co.
Henry Cornell Vice President Managing Director of Goldman Sachs (Asia) L.L.C.
Barry S. Volpert Director/Vice President Managing Director of Goldman Sachs International
Eve M. Gerriets Vice President/Secretary Vice President of Goldman, Sachs & Co.
David J. Greenwald Assistant Secretary Vice President of Goldman, Sachs & Co.
C. Douglas Fuge Assistant Treasurer Managing Director of Goldman, Sachs & Co.
Katherine B. Enquist Vice President Vice President of Goldman, Sachs & Co.
</TABLE>
<PAGE>
SCHEDULE II-A-ii
----------------
<TABLE>
The name, position and present principal occupation of each
director and executive officer of GS Advisors II, Inc., the sole
general partner of GS Advisors II (Cayman), L.P., which is the sole
general partner of GS Capital Partners II Offshore, L.P., are set
forth below.
The business address for all the executive officers and directors
listed below except Henry Cornell and Barry S. Volpert is 85 Broad
Street, New York, New York 10004. The business address of Henry
Cornell is 3 Garden Road, Hong Kong. The business address of Barry S.
Volpert is 133 Fleet Street, London EC4A 2BB, England.
All executive officers and directors listed below are United
States citizens.
<CAPTION>
Name Position Present Principal Occupation
-----------------------------------------------------------------------------------------------------------
<S> <C> <C>
Richard A. Friedman Director/President Managing Director of Goldman, Sachs & Co.
Terence M. O'Toole Director/Vice President Managing Director of Goldman, Sachs & Co.
Elizabeth S. Cogan Treasurer Managing Director of Goldman, Sachs & Co.
Joseph H. Gleberman Director/Vice President Managing Director of Goldman, Sachs & Co.
Henry Cornell Vice President Managing Director of Goldman Sachs (Asia) L.L.C.
Barry S. Volpert Director/Vice President Managing Director of Goldman Sachs International
Eve M. Gerriets Vice President/Secretary Vice President of Goldman, Sachs & Co.
David J. Greenwald Assistant Secretary Vice President of Goldman, Sachs & Co.
C. Douglas Fuge Assistant Treasurer Managing Director of Goldman, Sachs & Co.
Katherine B. Enquist Vice President Vice President of Goldman, Sachs & Co.
</TABLE>
<PAGE>
SCHEDULE II-B-i
---------------
<TABLE>
The name, position and present principal occupation of each
director and executive officer of Stone Street Value Corp., the sole
general partner of Stone Street Fund 1995, L.P. and the managing
general partner of Bridge Street Fund 1995, L.P., are set forth below.
The business address for each of the executive officers and
directors listed below is 85 Broad Street, New York, New York 10004.
All executive officers and directors listed below are United
States citizens.
<CAPTION>
Name Position Present Principal Occupation
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Richard A. Friedman Director/Vice President Managing Director of Goldman, Sachs & Co.
Jeffrey B. Goldenberg Director/Vice President Managing Director of Goldman, Sachs & Co.
William J. McMahon Director/Vice President Vice President of Goldman, Sachs & Co.
Dinakar Singh Director/Vice President Vice President of Goldman, Sachs & Co.
Jonathan L. Kolatch Director/Vice President Managing Director of Goldman, Sachs & Co.
Sanjeev K. Mehra Director/Vice President Managing Director of Goldman, Sachs & Co.
Eric M. Mindich Director/Vice President/Treasurer Managing Director of Goldman, Sachs & Co.
Peter G. Sachs Director/Vice President Limited Partner of The Goldman Sachs Group, L.P.
Peter M. Sacerdote Director/Chairman/C.E.O./President Limited Partner of The Goldman Sachs Group, L.P.
David J. Greenwald Vice President Vice President of Goldman, Sachs & Co.
Esta E. Stecher Vice President Managing Director of Goldman, Sachs & Co.
Richard A. Yacenda Vice President Vice President of Goldman, Sachs & Co.
C. Douglas Fuge Assistant Treasurer Managing Director of Goldman, Sachs & Co.
Eve M. Gerriets Vice President/Secretary Vice President of Goldman, Sachs & Co.
Katherine B. Enquist Vice President Vice President of Goldman, Sachs & Co.
Raanan A. Agus Director/Vice President Vice President of Goldman, Sachs & Co.
Richard J. Stingi Vice President Vice President of Goldman, Sachs & Co.
</TABLE>
<PAGE>
SCHEDULE II-B-ii
----------------
<TABLE>
The name, position and present principal occupation of each
director and executive officer of Stone Street Empire Corp., the sole
general partner of Stone Street Fund 1996, L.P. and the managing
general partner of Bridge Street Fund 1996, L.P., are set forth below.
The business address for each of the executive officers and
directors listed below is 85 Broad Street, New York, New York 10004.
All executive officers and directors listed below are United
States citizens.
<CAPTION>
Name Position Present Principal Occupation
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Richard A. Friedman Director/Vice President Managing Director of Goldman, Sachs & Co.
Jeffrey B. Goldenberg Director/Vice President Managing Director of Goldman, Sachs & Co.
William J. McMahon Director/Vice President Vice President of Goldman, Sachs & Co.
Dinakar Singh Director/Vice President Vice President of Goldman, Sachs & Co.
Jonathan L. Kolatch Director/Vice President Managing Director of Goldman, Sachs & Co.
Sanjeev K. Mehra Director/Vice President Managing Director of Goldman, Sachs & Co.
Eric M. Mindich Director/Vice President/Treasurer Managing Director of Goldman, Sachs & Co.
Peter G. Sachs Director/Vice President Limited Partner of The Goldman Sachs Group, L.P.
Peter M. Sacerdote Director/Chairman/C.E.O./President Limited Partner of The Goldman Sachs Group, L.P.
David J. Greenwald Vice President Vice President of Goldman, Sachs & Co.
Esta E. Stecher Vice President Managing Director of Goldman, Sachs & Co.
Richard A. Yacenda Vice President Vice President of Goldman, Sachs & Co.
C. Douglas Fuge Assistant Treasurer Managing Director of Goldman, Sachs & Co.
Eve M. Gerriets Vice President/Secretary Vice President of Goldman, Sachs & Co.
Katherine B. Enquist Vice President Vice President of Goldman, Sachs & Co.
Raanan A. Agus Director/Vice President Vice President of Goldman, Sachs & Co.
Richard J. Stingi Vice President Vice President of Goldman, Sachs & Co.
</TABLE>
<PAGE>
SCHEDULE II-C
-------------
<TABLE>
The name, position and present occupation of each executive
officer and director of Goldman, Sachs & Co. Finanz GmbH which is the
sole managing general partner of Goldman, Sachs & Co. oHG are set
forth below.
The business address for each of the executive officers and
directors listed below is MesseTurm, 60308 Frankfurt am Main, Germany.
Of the directors and executive officers listed below, Scott B.
Kapnick is a United States citizen, Robert H. Jolliffe is a citizen of
Great Britain, Paul M. Achleitner is a citizen of Austria, and Ernst
E. Tschoeke and Stefan J. Jentzsch are citizens of Germany.
<CAPTION>
Name Position Present Principal Occupation
- -----------------------------------------------------------------------------------------------------------
<S> <C> <C>
Paul M. Achleitner Managing Director Managing Director of Goldman, Sachs & Co. oHG
Ernst E. Tschoeke Managing Director Executive Director of Goldman, Sachs & Co. oHG
Stefan J. Jentzsch Managing Director Managing Director of Goldman, Sachs & Co. oHG
Robert H. Jolliffe Managing Director Executive Director of Goldman, Sachs & Co. oHG
Scott B. Kapnick Managing Director Managing Director of Goldman, Sachs & Co. oHG
</TABLE>
<PAGE>
SCHEDULE III
------------
In Securities and Exchange Commission Administrative Proceeding
File No. 3-8282 In the Matter of Goldman, Sachs & Co., the Firm,
without admitting or denying any of the SEC's allegations, settled
administrative proceedings involving alleged books and records and
supervisory violations relating to eleven trades of U.S. Treasury
securities in the secondary markets in 1985 and 1986. The SEC alleged
that the Firm had failed to maintain certain records required pursuant
to Section 17(a) of the Exchange Act and had also failed to supervise
activities relating to the aforementioned trades in violation of
Section 15(b)(4)(E) of the Exchange Act.
The Firm was ordered to cease and desist from committing or
causing any violation of the aforementioned sections of the Exchange
Act, pay a civil money penalty to the SEC in the amount of $250,000
and establish policies and procedures reasonably designed to assure
compliance with Section 17(a) of the Exchange Act and Rules 17a-3 and
17a-4 thereunder.
Exhibit 1
FORM OF CONSENT OF STOCKHOLDERS
The undersigned, being a Stockholder under (and as defined in)
the Stockholders Agreement, dated as of April 30, 1998, by and among AMF
Bowling, Inc., formerly known as AMF Holdings Inc. (the "Company"), and certain
stockholders thereof, as amended (the "Stockholders Agreement"), hereby (i)
consent to (A) the purchase by any Stockholders and/or their respective
affiliates of any notes or bonds of the Company or its subsidiaries, including,
without limitation, the Company's Zero Coupon Convertible Debentures due 2018 or
the other securities referenced in Section 1.1.9 of the Stockholders Agreement
(collectively, the "Notes or Bonds") and (B) the ownership, selling or trading
by Stockholders and their affiliates of any Notes or Bonds, and (ii) agree that
none of the restrictions contained in the Stockholders Agreement which would
otherwise be applicable to such Stockholders and such affiliates with respect to
any of the Notes or Bonds, shall apply (except that upon conversion, redemption
or repurchase of any Notes or Bonds which are convertible into, redeemable for
and/or may be repurchased for any common stock, par value $.01 per share, of the
Company ("Common Stock"), the Common Stock issued pursuant thereto shall be
subject to the terms of the Stockholders Agreement). This consent may be signed
in any number of counterparts, each of which shall be deemed to be an original,
and all of such counterparts shall together constitute one and the same
instrument.
Dated as of the 12th day of November, 1998.
<PAGE>
GS CAPITAL PARTNERS II, L.P.
By: GS Advisors, L.P.
General Partner
By: GS Advisors Inc., its
General Partner
By:
Name:
Title:
GS CAPITAL PARTNERS II OFFSHORE, L.P.
By: GS Advisors II (Cayman), L.P.
General Partner
By: GS Advisors II, Inc., its
General Partner
By:
Name:
Title:
GOLDMAN, SACHS & CO. VERWALTUNGS GMBH
By:
Name:
Title:
By:
Name:
Title:
THE GOLDMAN SACHS GROUP, L.P.
By:
Name:
Title:
-2-
<PAGE>
STONE STREET FUND 1995, L.P.
By: Stone Street Value Corp., its
General Partner
By:
Name:
Title:
STONE STREET FUND 1996, L.P.
By: Stone Street Empire Corp., its
General Partner
By:
Name:
Title:
BRIDGE STREET FUND 1995, L.P.
By: Stone Street Value Corp., its
Managing General Partner
By:
Name:
Title:
BRIDGE STREET FUND 1996, L.P.
By: Stone Street Empire Corp., its
Managing General Partner
By:
Name:
Title:
-3-
<PAGE>
BLACKSTONE CAPITAL PARTNERS II MERCHANT
BANKING FUND L.P.
By: Blackstone Management Associates
II L.L.C., its General Partner
By:
Name:
Title:
BLACKSTONE OFFSHORE CAPITAL PARTNERS II
L.P.
By: Blackstone Management Associates
II L.L.C., its
General Partner
By:
Name:
Title:
BLACKSTONE FAMILY INVESTMENT
PARTNERSHIP II L.P.
By: Blackstone Management Associates
II L.L.C., its General Partner
By:
Name:
Title:
KELSO INVESTMENT ASSOCIATES V, L.P.
By: Kelso Partners V, L.P., its
General Partner
By:
Name:
Title:
-4-
<PAGE>
KELSO EQUITY PARTNERS V, L.P.
By:
Name:
Title:
BAIN CAPITAL FUND V, L.P.
By: Bain Capital Partners V, L.P.,
its General Partner
By: Bain Capital Investors V, Inc.,
its General Partner
By:
Name:
Title:
BAIN CAPITAL FUND V-B, L.P.
By: Bain Capital Partners V, L.P.,
its General Partner
By: Bain Capital Investors V, Inc.,
its General Partner
By:
Name:
Title:
BCIP ASSOCIATES
By:
Name:
Title:
-5-
<PAGE>
BCIP TRUST ASSOCIATES, L.P.
By:
Name:
Title:
Agreed to and accepted by:
AMF BOWLING, INC.
By:
Name:
Title:
-6-
