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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
COMMISSION FILE NUMBER 33-67854
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DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) JULY 13, 1998
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CMI INDUSTRIES, INC.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 57-0836097
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(STATE OR OTHER JURISDICTION OF (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.)
1301 GERVAIS STREET, SUITE 920, COLUMBIA, SOUTH CAROLINA 29201
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE) (803) 771-4434
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NOT APPLICABLE
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(FORMER NAME, FORMER ADDRESS AND FORMAL FISCAL YEAR,
IF CHANGED SINCE LAST REPORT)
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ITEM 5. OTHER EVENTS.
In a press release on July 13, 1998, CMI Industries, Inc. ("CMI")
announced that it has extended the expiration date of its tender offer for the
outstanding 9 1/2% Senior Subordinated Notes due 2003 (the "Notes") issued by
CMI until midnight, New York City time, on July 29, 1998, unless further
extended. In addition, CMI announced that withdrawal rights have been extended
to the Pricing Date.
The press release is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) and (b) Not Applicable.
(c) Exhibits.
99.1 Press Release of CMI Industries, Inc. dated July 13, 1998.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: July 13, 1998 By: /s/ James A. Ovenden
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James A. Ovenden
Executive Vice President and
Chief Financial Officer
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EXHIBIT 99.1
CMI INDUSTRIES, INC.
ANNOUNCES EXTENSION OF ITS TENDER OFFER
AND CONSENT SOLICITATION FOR
9 1/2% SENIOR SUBORDINATED NOTES DUE 2003
COLUMBIA, SC, July 13, 1998 -- CMI Industries, Inc. ("CMI") today
announced that it has extended the expiration date of its tender offer for its
currently outstanding 9 1/2% Senior Subordinated Notes due 2003 (the "Notes")
until midnight, New York City time, on July 29, 1998, unless further extended.
As a result of the extension of the expiration date of the tender offer
to July 29, 1998, the Pricing Date for the tender offer will be July 24, 1998
(or, if the offer is further extended, the date that is the third business day
prior to the expiration date). Furthermore, in connection with the extension of
the expiration date, CMI announced that withdrawal rights have been extended
until midnight, New York City time, on the Pricing Date.
NationsBanc Montgomery Securities LLC is the Dealer Manager for the
tender offer and the consent solicitation.
CMI Industries, Inc., headquartered in Columbia, South Carolina, is one
of the leading manufacturers and marketers of lightweight greige (unfinished)
fabrics in the United States, and holds market leading positions in certain
segments of the elastic fabrics and upholstery fabrics market.
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