==============================================================================
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(AMENDMENT NO. 2)
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 that 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>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 2 of 21 Pages
- ---------------------------- ------------------------
- --------------------------------------------------------------------------------
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
SHARES SHARED VOTING POWER
30,684,886
BENEFICIALLY
-------------------------------------------------------------------
9
OWNED BY SOLE DISPOSITIVE POWER
870,000
EACH
-------------------------------------------------------------------
10
REPORTING SHARED DISPOSITIVE POWER
30,684,886
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
31,554,886
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
51.5%
- --------------------------------------------------------------------------------
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.
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 3 of 21 Pages
- ---------------------------- ------------------------
- --------------------------------------------------------------------------------
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
SHARES SHARED VOTING POWER
30,684,886
BENEFICIALLY
-------------------------------------------------------------------
9
OWNED BY SOLE DISPOSITIVE POWER
-0-
EACH
-------------------------------------------------------------------
10
REPORTING SHARED DISPOSITIVE POWER
30,684,886
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,684,886
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
50.8%
- --------------------------------------------------------------------------------
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.
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 4 of 21 Pages
- ---------------------------- ------------------------
- --------------------------------------------------------------------------------
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
SHARES SHARED VOTING POWER
19,725,004
BENEFICIALLY
-------------------------------------------------------------------
9
OWNED BY SOLE DISPOSITIVE POWER
-0-
EACH
-------------------------------------------------------------------
10
REPORTING SHARED DISPOSITIVE POWER
19,725,004
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,725,004
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
32.8%
- --------------------------------------------------------------------------------
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.
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 5 of 21 Pages
- ---------------------------- ------------------------
- --------------------------------------------------------------------------------
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
SHARES SHARED VOTING POWER
19,725,004
BENEFICIALLY
-------------------------------------------------------------------
9
OWNED BY SOLE DISPOSITIVE POWER
-0-
EACH
-------------------------------------------------------------------
10
REPORTING SHARED DISPOSITIVE POWER
19,725,004
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,725,004
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
32.8%
- --------------------------------------------------------------------------------
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.
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 6 of 21 Pages
- ---------------------------- ------------------------
- --------------------------------------------------------------------------------
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
SHARES SHARED VOTING POWER
7,841,490
BENEFICIALLY
-------------------------------------------------------------------
9
OWNED BY SOLE DISPOSITIVE POWER
-0-
EACH
-------------------------------------------------------------------
10
REPORTING SHARED DISPOSITIVE POWER
7,841,490
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,841,490
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.1%
- --------------------------------------------------------------------------------
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.
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 7 of 21 Pages
- ---------------------------- ------------------------
- --------------------------------------------------------------------------------
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
SHARES SHARED VOTING POWER
727,561
BENEFICIALLY
-------------------------------------------------------------------
9
OWNED BY SOLE DISPOSITIVE POWER
-0-
EACH
-------------------------------------------------------------------
10
REPORTING SHARED DISPOSITIVE POWER
727,561
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
727,561
- --------------------------------------------------------------------------------
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.
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 8 of 21 Pages
- ---------------------------- ------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GS CAPITAL PARTNERS 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
SHARES SHARED VOTING POWER
7,841,490
BENEFICIALLY
-------------------------------------------------------------------
9
OWNED BY SOLE DISPOSITIVE POWER
-0-
EACH
-------------------------------------------------------------------
10
REPORTING SHARED DISPOSITIVE POWER
7,841,490
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,841,490
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.1%
- --------------------------------------------------------------------------------
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.
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 9 of 21 Pages
- ---------------------------- ------------------------
- --------------------------------------------------------------------------------
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
SHARES SHARED VOTING POWER
727,561
BENEFICIALLY
-------------------------------------------------------------------
9
OWNED BY SOLE DISPOSITIVE POWER
-0-
EACH
-------------------------------------------------------------------
10
REPORTING SHARED DISPOSITIVE POWER
727,561
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
727,561
- --------------------------------------------------------------------------------
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.
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 10 of 21 Pages
- ---------------------------- ------------------------
- --------------------------------------------------------------------------------
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
SHARES SHARED VOTING POWER
461,446
BENEFICIALLY
-------------------------------------------------------------------
9
OWNED BY SOLE DISPOSITIVE POWER
-0-
EACH
-------------------------------------------------------------------
10
REPORTING SHARED DISPOSITIVE POWER
461,446
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
461,446
- --------------------------------------------------------------------------------
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.
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 11 of 21 Pages
- ---------------------------- ------------------------
- --------------------------------------------------------------------------------
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
SHARES SHARED VOTING POWER
519,266
BENEFICIALLY
-------------------------------------------------------------------
9
OWNED BY SOLE DISPOSITIVE POWER
-0-
EACH
-------------------------------------------------------------------
10
REPORTING SHARED DISPOSITIVE POWER
519,266
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
519,266
- --------------------------------------------------------------------------------
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.
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 12 of 21 Pages
- ---------------------------- ------------------------
- --------------------------------------------------------------------------------
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
SHARES SHARED VOTING POWER
788,934
BENEFICIALLY
-------------------------------------------------------------------
9
OWNED BY SOLE DISPOSITIVE POWER
-0-
EACH
-------------------------------------------------------------------
10
REPORTING SHARED DISPOSITIVE POWER
788,934
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
788,934
- --------------------------------------------------------------------------------
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.
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 13 of 21 Pages
- ---------------------------- ------------------------
- --------------------------------------------------------------------------------
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
SHARES SHARED VOTING POWER
535,036
BENEFICIALLY
-------------------------------------------------------------------
9
OWNED BY SOLE DISPOSITIVE POWER
-0-
EACH
-------------------------------------------------------------------
10
REPORTING SHARED DISPOSITIVE POWER
535,036
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
535,036
- --------------------------------------------------------------------------------
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.
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 14 of 21 Pages
- ---------------------------- ------------------------
- --------------------------------------------------------------------------------
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
SHARES SHARED VOTING POWER
980,711
BENEFICIALLY
-------------------------------------------------------------------
9
OWNED BY SOLE DISPOSITIVE POWER
-0-
EACH
-------------------------------------------------------------------
10
REPORTING SHARED DISPOSITIVE POWER
980,711
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
980,711
- --------------------------------------------------------------------------------
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.
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 15 of 21 Pages
- ---------------------------- ------------------------
- --------------------------------------------------------------------------------
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
SHARES SHARED VOTING POWER
1,323,970
BENEFICIALLY
-------------------------------------------------------------------
9
OWNED BY SOLE DISPOSITIVE POWER
-0-
EACH
-------------------------------------------------------------------
10
REPORTING SHARED DISPOSITIVE POWER
1,323,970
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,323,970
- --------------------------------------------------------------------------------
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.
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 16 of 21 Pages
- ---------------------------- ------------------------
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. 2 (this "Amendment No. 2") to the Statement on Schedule 13D, as amended
(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 17, 1998, Goldman Sachs and GS Group may be deemed to
beneficially own 30,598,736 shares of Common Stock through the Limited
Partnerships, including 632,143 shares of Common Stock that may be acquired
through conversion of Debentures. In addition GS Group beneficially owns 870,000
shares of Common Stock pursuant to the Warrants. As of November 17, 1998,
Goldman Sachs and GS Group may be deemed to beneficially own 86,150 shares of
Common Stock held in 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.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 is hereby amended and supplemented as follows:
As of November 17, 1998, Goldman Sachs may be deemed to beneficially
own an additional 86,150 shares of Common Stock held by the Managed Accounts.
Except as set forth
- --------
(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>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 17 of 21 Pages
- ---------------------------- ------------------------
on amended Schedule IV hereto with respect to purchases of Debentures, 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-B-i, II-B-ii or II-C hereto during the period from
November 10, 1998 through November 17, 1998.
The funds used by the Limited Partnerships to purchase the
Debentures, as described below, were obtained by such entities from capital
contributions by their partners and from the available funds of such entities.
ITEM 4. PURPOSE OF THE TRANSACTION.
Item 4 is hereby amended and supplemented as follows:
On November 12, 1998, the Limited Partnerships entered into an
agreement (the "Debenture & Note Purchase Agreement") with certain of the Other
Investors, pursuant to which the parties thereto have agreed to make open market
purchases of the Company's Debentures and Notes from time to time for their
respective accounts in agreed-upon proportions. The Debenture & Note Purchase
Agreement provides that each party thereto may terminate its participation in
such open market purchases by providing written notice of such termination to
the other parties thereto. As of November 17, 1998, the Limited Partnerships
have acquired an aggregate of $72,883,000 in principal amount of Debentures
representing their proportionate share of Debentures acquired pursuant to the
Debenture & Note Purchase Agreement, as set forth on amended Schedule IV hereto.
The Debentures are convertible at any time prior to maturity into shares of
Common Stock at a conversion rate of 8.6734 shares per $1,000 principal amount
at maturity. Accordingly, the Limited Partnerships may be deemed to have
acquired beneficial ownership of an aggregate of 632,143 shares of Common Stock
by virtue of their acquisition of the Debentures. There can be no assurance that
the Limited Partnerships or any of the other parties to the Debenture & Note
Purchase Agreement will acquire any additional Debentures thereunder or, if such
securities are acquired, the amount of securities so acquired. The foregoing is
qualified in its entirety by reference to the Debenture & Note Purchase
Agreement which is filed as Exhibit 1 hereto and is incorporated herein by
reference.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended and restated as follows:
(a) As of November 17, 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, 19,725,004 shares of Common Stock, including
407,528 shares of Common Stock that may be acquired through the conversion of
Debentures. GS Advisors disclaims beneficial ownership of the securities
reported herein.
17
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 18 of 21 Pages
- ---------------------------- ------------------------
As of November 17, 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, 7,841,490 shares of Common Stock,
including 162,002 shares that may be acquired through the conversion of
Debentures. GS Advisors Cayman disclaims beneficial ownership of the securities
reported herein.
As of November 17, 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, 727,561 shares of Common Stock, including
15,031 shares of Common Stock that may be acquired through the conversion of
Debentures. GS oHG disclaims beneficial ownership of the securities reported
herein.
As of November 17, 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, 461,446 shares of Common Stock, including
9,523 shares of Common Stock that may be acquired through the conversion of
Debentures. Stone Value disclaims beneficial ownership of the securities
reported herein.
As of November 17, 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, 788,934 shares of Common Stock, including
16,289 shares of Common Stock that may be acquired through the conversion of
Debentures. Stone Empire disclaims beneficial ownership of the securities
reported herein.
As of November 17, 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, 519,266 shares of Common Stock,
including 10,720 shares of Common Stock that may be acquired through the
conversion of Debentures. Stone Value disclaims beneficial ownership of the
securities reported herein.
As of November 17, 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, 535,036 shares of Common Stock,
including 11,050 shares of Common Stock that may be acquired through the
conversion of Debentures. 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 32.8%, GS Advisors may be deemed to own
beneficially and indirectly approximately 32.8%, GS Offshore may be deemed to
own beneficially and indirectly approximately 13.1%, GS Advisors Cayman may be
deemed to own beneficially and indirectly
18
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 19 of 21 Pages
- ---------------------------- ------------------------
approximately 13.1%, 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 17, 1998, Goldman Sachs and GS Group may be deemed to
beneficially own the 30,598,736 shares of Common Stock beneficially owned by the
Limited Partnerships, including 632,143 shares of Common Stock that may be
acquired through conversion of Debentures. In addition, GS Group may be deemed
to beneficially own 870,000 shares of Common Stock pursuant to the Warrants. In
addition, Goldman Sachs and GS Group may be deemed to beneficially own at
November 17, 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 17, 1998 approximately 50.8% and 51.5%,
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, and including the 121,575 shares of Common Stock
that may be acquired by certain of the Other Investors through conversion of
Debentures acquired by them pursuant to the Debenture & Note Purchase Agreement
through November 17, 1998, the Other Investors may be deemed to be the
beneficial owners of an aggregate of approximately 24.4% 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.
19
<PAGE>
SCHEDULE 13D
- ---------------------------- ------------------------
CUSIP No. 03113V109 Page 20 of 21 Pages
- ---------------------------- ------------------------
(c) Amended Schedule IV hereto sets forth the purchases of
Debentures by certain of the Filing Persons pursuant to the Debenture & Note
Purchase Agreement during the period from November 10, 1998 through November 17,
1998. Other than as set forth on amended Schedule IV hereto, 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 period from November 10, 1998 through
November 17, 1998.
(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.
Debenture & Note Purchase Agreement. On November 12, 1998, the
Limited Partnerships entered into the Debenture & Note Purchase Agreement with
certain of the Other Investors, pursuant to which the parties thereto have
agreed to make open market purchases of the Company's Debentures and Notes from
time to time for their respective accounts in agreed-upon proportions. The
Debenture & Note Purchase Agreement provides that each party thereto may
terminate its participation in such open market purchases by providing written
notice of such termination to the other parties thereto. The foregoing is
qualified in its entirety by reference to the Debenture & Note Purchase
Agreement which is filed as Exhibit 1 hereto and is incorporated herein by
reference.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
1. Form of Agreement, dated as of November 12, 1998, by and among the Limited
Partnerships and the other parties thereto.
20
<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.
Dated: November 18, 1998
GOLDMAN, SACHS & CO.
By: /s/ Richard A. 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 A. Friedman
Name: Richard A. Friedman
Title: Executive Vice President
GS ADVISORS, L.P.
By: GS Advisors, Inc.,
its general partner
By: /s/ Richard A. 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
21
<PAGE>
GS CAPITAL PARTNERS II, L.P.
By: GS Advisors, L.P.,
its general partner
By: GS Advisors, Inc.,
its general partner
By: /s/ Richard A. Friedman
Name: Richard A. Friedman
Title: President
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
<PAGE>
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
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
<PAGE>
STONE STREET EMPIRE CORP.
By: /s/ Richard A. Friedman
Name: Richard A. Friedman
Title: Vice President
<PAGE>
INDEX OF EXHIBITS
1. Form of Agreement, dated as of November 12, 1998, by and among the Limited
Partnerships and the other parties thereto.
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE IV
AMF Bowling, Inc.
CUSIP No. 03113VAA7 (Debentures)
Purchases
(Face Amount) Sales Price Trade Date Settlement Date
<S> <C> <C> <C>
$8,387,000.00 $875,393.00 13-Nov-98 16-Nov-98
$4,193,000.00 $471,712.50 16-Nov-98 19-Nov-98
$16,774,000.00 $1,970,945.00 17-Nov-98 20-Nov-98
$12,581,000.00 $1,525,446.25 17-Nov-98 20-Nov-98
$5,787,000.00 $701,673.75 17-Nov-98 20-Nov-98
$25,161,000.00 $3,270,930.00 17-Nov-98 20-Nov-98
</TABLE>
Exhibit 1
The undersigned hereby agree to purchase or cause to be purchased
Zero Coupon Convertible Debentures due 2018 (the "Debentures") of AMF Bowling,
Inc. and/or 12 1/4% Senior Subordinated Discount Notes due 2006 (the "Notes") of
AMF Bowling Worldwide, Inc., in each case, in open market transactions for the
accounts of the undersigned based on the proportions set forth on Schedule I
hereto. Each party hereto may terminate its participation in such purchases by
providing the other parties hereto with written notice of such termination. In
the event of any such termination, the proportions set forth on Schedule I for
the remaining entities shall be proportionately increased. This agreement and
acknowledgment 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>
KELSO INVESTMENT ASSOCIATES V, L.P.
By: Kelso Partners V, L.P., its
General Partner
By:
Name:
Title:
KELSO EQUITY PARTNERS V, L.P.
By:
Name:
Title:
-4-
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE I
ALLOCATION PERCENTAGES
%
-------
<S> <C>
Kelso Investment Associates V, L.P. 14.5%
Kelso Equity Partners V, L.P. 1.6%
GS Capital Partners II, L.P. 54.1%
GS Capital Partners II Offshore, L.P. 21.5%
GS Capital Partners II (Germany) C.L.P. 2.0%
Bridge Street Fund 1995, L.P. 1.4%
Bridge Street Fund 1996, L.P. 1.5%
Stone Street Fund 1995, L.P. 1.3%
Stone Street Fund 1996, L.P. 2.2%
TOTAL -------------
100.0%
</TABLE>
