================================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
----------
PURINA MILLS, INC.
(Name of Issuer)
Common Stock, $0.01 par value per share 746276104
(Title of class of securities) (CUSIP number)
Stephen M. Besen, Esq.
Weil, Gotshal & Manges LLP
767 Fifth Avenue
New York, New York 10153
(212) 310-8000
(Name, address and telephone number of person authorized
to receive notices and communications)
June 29, 2000
(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 [ ].
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 19 pages)
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NY2:\925228\50712.0007
<PAGE>
<TABLE>
<CAPTION>
----------------------------------------------------------- -------------------------------------------------------
CUSIP No. 746276104 Page 2 of 19 Pages
----------------------------------------------------------- -------------------------------------------------------
<S> <C>
------------------- --------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON GSCP RECOVERY, INC.
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
------------------- --------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ]
(b) [X]
------------------- --------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------------- --------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: OO
------------------- --------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e): [ ]
------------------- --------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Cayman Islands
------------------- --------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER: 2,706,368*
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
----------------------- --------------------------------------------------------- ------------------------
8 SHARED VOTING POWER: 0
----------------------- --------------------------------------------------------- ------------------------
9 SOLE DISPOSITIVE POWER: 2,706,368*
----------------------- --------------------------------------------------------- ------------------------
10 SHARED DISPOSITIVE POWER: 0
------------------- --------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
------------------- --------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 27.1%*
------------------- --------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: CO
------------------- --------------------------------------------------------------------------------------------------------------
* See Item 5
<PAGE>
----------------------------------------------------------- -------------------------------------------------------
CUSIP No. 746276104 Page 3 of 19 Pages
----------------------------------------------------------- -------------------------------------------------------
------------------- --------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON GREENWICH STREET INVESTMENTS II, LLC
S.S. OR I.R.S. IDENTIFICATION NO. 13-4012044
OF ABOVE PERSON
------------------- --------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ]
(b) [X]
------------------- --------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------------- --------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: OO
------------------- --------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e): [ ]
------------------- --------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
------------------- --------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER: 0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
----------------------- --------------------------------------------------------- ------------------------
8 SHARED VOTING POWER: 2,706,368*
----------------------- --------------------------------------------------------- ------------------------
9 SOLE DISPOSITIVE POWER: 0
----------------------- --------------------------------------------------------- ------------------------
10 SHARED DISPOSITIVE POWER: 2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
------------------- --------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 27.1%*
------------------- --------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: OO
------------------- --------------------------------------------------------------------------------------------------------------
* See Item 5
<PAGE>
----------------------------------------------------------- -------------------------------------------------------
CUSIP No. 746276104 Page 4 of 19 Pages
----------------------------------------------------------- -------------------------------------------------------
------------------- --------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON GREENWICH STREET CAPITAL PARTNERS II, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. 13-4012047
OF ABOVE PERSON
------------------- --------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ]
(b) [X]
------------------- --------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------------- --------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: OO
------------------- --------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e): [ ]
------------------- --------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
------------------- --------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER: 0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
----------------------- --------------------------------------------------------- ------------------------
8 SHARED VOTING POWER: 2,706,368*
----------------------- --------------------------------------------------------- ------------------------
9 SOLE DISPOSITIVE POWER: 0
----------------------- --------------------------------------------------------- ------------------------
10 SHARED DISPOSITIVE POWER: 2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
------------------- --------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 27.1%*
------------------- --------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: PN
------------------- --------------------------------------------------------------------------------------------------------------
* See Item 5
<PAGE>
----------------------------------------------------------- -------------------------------------------------------
CUSIP No. 746276104 Page 5 of 19 Pages
----------------------------------------------------------- -------------------------------------------------------
------------------- --------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON GSCP OFFSHORE FUND, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. 52-2110184
OF ABOVE PERSON
------------------- --------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ]
(b) [X]
------------------- --------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------------- --------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: OO
------------------- --------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e): [ ]
------------------- --------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Cayman Islands
------------------- --------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER: 0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
----------------------- --------------------------------------------------------- ------------------------
8 SHARED VOTING POWER: 2,706,368*
----------------------- --------------------------------------------------------- ------------------------
9 SOLE DISPOSITIVE POWER: 0
----------------------- --------------------------------------------------------- ------------------------
10 SHARED DISPOSITIVE POWER: 2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
------------------- --------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 27.1%*
------------------- --------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: PN
------------------- --------------------------------------------------------------------------------------------------------------
* See Item 5
<PAGE>
----------------------------------------------------------- -------------------------------------------------------
CUSIP No. 746276104 Page 6 of 19 Pages
----------------------------------------------------------- -------------------------------------------------------
------------------- --------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON GREENWICH FUND, L.P.
S.S. OR I.R.S. IDENTIFICATION NO. 13-4012046
OF ABOVE PERSON
------------------- --------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ]
(b) [X]
------------------- --------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------------- --------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: OO
------------------- --------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e): [ ]
------------------- --------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
------------------- --------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER: 0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
----------------------- --------------------------------------------------------- ------------------------
8 SHARED VOTING POWER: 2,706,368*
----------------------- --------------------------------------------------------- ------------------------
9 SOLE DISPOSITIVE POWER: 0
----------------------- --------------------------------------------------------- ------------------------
10 SHARED DISPOSITIVE POWER: 2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
------------------- --------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 27.1%*
------------------- --------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: PN
------------------- --------------------------------------------------------------------------------------------------------------
* See Item 5
<PAGE>
----------------------------------------------------------- -------------------------------------------------------
CUSIP No. 746276104 Page 7 of 19 Pages
----------------------------------------------------------- -------------------------------------------------------
------------------- --------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON GREENWICH STREET EMPLOYEES FUND, L.P.
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
------------------- --------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ]
(b) [X]
------------------- --------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------------- --------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: OO
------------------- --------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e): [ ]
------------------- --------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
------------------- --------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER: 0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
----------------------- --------------------------------------------------------- ------------------------
8 SHARED VOTING POWER: 2,706,368*
----------------------- --------------------------------------------------------- ------------------------
9 SOLE DISPOSITIVE POWER: 0
----------------------- --------------------------------------------------------- ------------------------
10 SHARED DISPOSITIVE POWER: 2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
------------------- --------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 27.1%*
------------------- --------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: PN
------------------- --------------------------------------------------------------------------------------------------------------
* See Item 5
<PAGE>
----------------------------------------------------------- -------------------------------------------------------
CUSIP No. 746276104 Page 8 of 19 Pages
----------------------------------------------------------- -------------------------------------------------------
------------------- --------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON TRV EXECUTIVE FUND, L.P.
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
------------------- --------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ]
(b) [X]
------------------- --------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------------- --------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: OO
------------------- --------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e): [ ]
------------------- --------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
------------------- --------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER: 0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
----------------------- --------------------------------------------------------- ------------------------
8 SHARED VOTING POWER: 2,706,368*
----------------------- --------------------------------------------------------- ------------------------
9 SOLE DISPOSITIVE POWER: 0
----------------------- --------------------------------------------------------- ------------------------
10 SHARED DISPOSITIVE POWER: 2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
------------------- --------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 27.1%*
------------------- --------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: PN
------------------- --------------------------------------------------------------------------------------------------------------
*See Item 5
<PAGE>
----------------------------------------------------------- -------------------------------------------------------
CUSIP No. 746276104 Page 9 of 19 Pages
----------------------------------------------------------- -------------------------------------------------------
------------------- --------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON ALFRED C. ECKERT III
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
------------------- --------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ]
(b) [X]
------------------- --------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------------- --------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: OO
------------------- --------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e): [ ]
------------------- --------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States
------------------- --------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER: 0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
----------------------- --------------------------------------------------------- ------------------------
8 SHARED VOTING POWER: 2,706,368*
----------------------- --------------------------------------------------------- ------------------------
9 SOLE DISPOSITIVE POWER: 0
----------------------- --------------------------------------------------------- ------------------------
10 SHARED DISPOSITIVE POWER: 2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
------------------- --------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 27.1%*
------------------- --------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: IN
------------------- --------------------------------------------------------------------------------------------------------------
* See Item 5
<PAGE>
----------------------------------------------------------- -------------------------------------------------------
CUSIP No. 746276104 Page 10 of 19 Pages
----------------------------------------------------------- -------------------------------------------------------
------------------- --------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON KEITH W. ABELL
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
------------------- --------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ]
(b) [X]
------------------- --------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------------- --------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: OO
------------------- --------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e): [ ]
------------------- --------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States
------------------- --------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER: 0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
----------------------- --------------------------------------------------------- ------------------------
8 SHARED VOTING POWER: 2,706,368*
----------------------- --------------------------------------------------------- ------------------------
9 SOLE DISPOSITIVE POWER: 0
----------------------- --------------------------------------------------------- ------------------------
10 SHARED DISPOSITIVE POWER: 2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
------------------- --------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 27.1%*
------------------- --------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: IN
------------------- --------------------------------------------------------------------------------------------------------------
* See Item 5
<PAGE>
----------------------------------------------------------- -------------------------------------------------------
CUSIP No. 746276104 Page 11 of 19 Pages
----------------------------------------------------------- -------------------------------------------------------
------------------- --------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON SANJAY H. PATEL
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
------------------- --------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ]
(b) [X]
------------------- --------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------------- --------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: OO
------------------- --------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e): [ ]
------------------- --------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: India
------------------- --------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER: 0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
----------------------- -------------------------------------------------- -------------------------------
8 SHARED VOTING POWER: 2,706,368*
----------------------- -------------------------------------------------- -------------------------------
9 SOLE DISPOSITIVE POWER: 0
----------------------- -------------------------------------------------- -------------------------------
10 SHARED DISPOSITIVE POWER: 2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
2,706,368*
------------------- --------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ]
------------------- --------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 27.1%*
------------------- --------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: IN
------------------- --------------------------------------------------------------------------------------------------------------
</TABLE>
* See Item 5
<PAGE>
ITEM 1. SECURITY AND ISSUER.
The class of equity securities to which this Statement on
Schedule 13D (the "Statement") relates is the common stock, par value $0.01 per
share (the "Common Stock"), of Purina Mills, Inc., a Delaware corporation
("Purina"). The principal executive offices of Purina are located at 1401 South
Hanley Street, St. Louis, Missouri 63144.
ITEM 2. IDENTITY AND BACKGROUND
(a) This Statement is being filed jointly on behalf of the
following persons (collectively, the "Reporting Persons"): (1) GSCP Recovery,
Inc., a Cayman Islands corporation ("GSCP Recovery"), (2) Greenwich Street
Capital Partners II, L.P., a Delaware limited partnership ("GSCP II"), (3) GSCP
Offshore Fund, L.P., a Cayman Islands exempted limited partnership ("GSCP
Offshore"), (4) Greenwich Fund, L.P., a Delaware limited partnership ("Greenwich
Fund"), (5) Greenwich Street Employees Fund, L.P., a Delaware limited
partnership ("Employees Fund"), (6) TRV Executive Fund, L.P., a Delaware limited
partnership ("TRV" and, together with GSCP II, GSCP Offshore, Greenwich Fund and
Employees Fund, the "Greenwich Street Funds"), (7) Greenwich Street Investments
II, L.L.C., a Delaware limited liability company ("GSI"), (8) Alfred C. Eckert
III ("Eckert"), (9) Keith W. Abell ("Abell") and (10) Sanjay H. Patel ("Patel").
(b) The address of the principal business and office of each of
the Greenwich Street Funds and GSI is 500 Campus Drive, Suite 220, Florham Park,
New Jersey 07932. The address of the principal business and office of GSCP
Recovery is c/o Maples and Calder, Ugland House, South Church Street, George
Town, Grand Cayman, Cayman Islands.
The business address for each of Mr. Eckert, Mr. Abell, Mr.
Patel, Robert A. Hamwee ("Hamwee") and Thomas V. Inglesby ("Inglesby") is c/o
Greenwich Street Capital Partners, Inc., 500 Campus Drive, Suite 220, Florham
Park, New Jersey 07932.
(c) GSCP II, Greenwich Fund, Employees Fund and TRV are
Delaware limited partnerships which make investments for long term appreciation.
GSCP Offshore is a Cayman Islands exempted limited partnership which makes
investments for long term appreciation. GSCP Recovery is a Cayman Islands
corporation which makes investments for long term appreciation. All of the
outstanding capital stock of GSCP Recovery is owned by the Greenwich Street
Funds. GSI is the general partner of each of the Greenwich Street Funds.
Mr. Eckert, Mr. Abell and Mr. Patel are the managing members of
GSI. Each of Mr. Eckert, Mr. Abell and Mr. Patel is an executive employee of
Greenwich Street Capital Partners, Inc. Mr. Patel, Mr. Hamwee and Mr. Inglesby
are the directors of GSCP Recovery. Each of Mr. Hamwee and Mr. Inglesby is an
employee of Greenwich Street Capital Partners, Inc.
Page 12 of 19
<PAGE>
(d) and (e) During the past five (5) years, neither the
Reporting Persons nor Mr. Hamwee or Mr. Inglesby has been (i) convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors) or
(ii) 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 United States federal or state securities
laws or finding any violation with respect to such laws.
(f) Mr. Patel is a citizen of India. All other natural persons
listed in this Item 2 are citizens of the United States. GSI, GSCP II, Greenwich
Fund, Employees Fund and TRV are each organized under the laws of Delaware. GSCP
Recovery and GSI Offshore are each organized under the laws of the Cayman
Islands.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The shares of Common Stock owned by GSCP Recovery were issued
to GSCP Recovery by Purina in connection with Purina's plan of reorganization
(the "Plan") under Chapter 11 of the bankruptcy code in exchange for debt
securities of Purina held by GSCP Recovery.
ITEM 4. PURPOSE OF TRANSACTION.
GSCP Recovery acquired the debt of Purina, and subsequently the
shares of Common Stock described in Item 5 (the "Shares"), for general
investment purposes. As of the date of this Statement, none of the Reporting
Persons has any plans or proposals which relate to or would result in any of the
actions set forth in parts (a) through (j) of Item 4, except that the Reporting
Persons or their affiliates may, from time to time or at any time, subject to
market conditions and other factors, purchase additional shares of Common Stock
in the open market, in privately negotiated transactions or otherwise, or sell
at any time all or a portion of the shares of Common Stock now owned or
hereafter acquired by them to one or more purchasers.
ITEM 5. INTEREST IN SECURITIES OF ISSUER.
(a) and (b) The responses to Items 11 and 13 on each of pages
2-13 which relate to beneficial ownership of shares of Common Stock with respect
to each Reporting Person are incorporated herein by reference. The responses to
Items 7-11 on each of pages 2-13 hereof which relate to voting and disposition
of shares of Common Stock with respect to each Reporting Person are incorporated
herein by reference.
The responses to Items 7-11 and 13 on each of pages 2-13 hereof
is based on the Reporting Persons' current estimate of the number of shares of
Common Stock that will ultimately be issued to GSCP Recovery by Purina pursuant
to the Plan. The number of shares of Common Stock to be issued to GSCP Recovery
is based on the aggregate amount of allowed claims in Purina's Chapter 11
bankruptcy proceeding and other variables contained in the Plan. Therefore, the
Page 13 of 19
<PAGE>
responses to Items 7-11 and 13 on each of pages 2-13 hereof is subject to change
based on the number of shares ultimately issued to GSCP Recovery under the Plan.
As of June 29, 2000, the Plan contemplated the issuance by
Purina of 10,000,000 shares of Common Stock. Of those 10,000,000 shares, 90,000
are to be issued to Purina's management under the Plan. According to the
disclosure statement filed by Purina in connection with the Plan, Purina
estimates that the aggregate amount of allowed claims, upon resolution of all
disputed claims, will be approximately $435,000,000, of which GSCP Recovery
represents approximately $118,796,157, or 27.31%. Of the 9,910,000 shares to be
issued by Purina to holders of existing claims, 27.31% currently entitles GSCP
Recovery to receive 2,706,368 shares of Common Stock.
The Greenwich Street Funds are the stockholders of GSCP
Recovery and thus may be deemed to beneficially own indirectly the Shares owned
by GSCP Recovery. GSI is the general partner of each of the Greenwich Street
Funds and thus may be deemed to beneficially own indirectly the Shares that may
be deemed to be beneficially owned by the Greenwich Street Funds.
By virtue of their position as managing members of GSI, Mr.
Eckert, Mr. Abell and Mr. Patel may be deemed to beneficially own indirectly the
Shares that may be deemed to be owned beneficially by GSI. Each of the Reporting
Persons, other than GSCP Recovery, disclaims beneficial ownership of the Shares
beneficially owned by GSCP Recovery.
(c) None.
(d) and (e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
The responses to Items 3-5 of this Statement are incorporated
herein by reference.
In connection with the Plan, Purina and certain of its
stockholders, including GSCP Recovery, entered into a Registration Rights
Agreement, a copy of which is attached hereto as Exhibit 1.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Exhibit 1: Registration Rights Agreement, dated June 29, 2000, by and
among Purina and each of the parties set forth on the
signature pages thereto (incorporated by reference to Exhibit
4(b) of the Form 10 of Purina dated March 23, 2000 (File No.
000-30077)).
Page 14 of 19
<PAGE>
Exhibit 2: Joint Filing Agreement, dated July 10, 2000 by and among the
Reporting Persons.
Page 15 of 19
<PAGE>
SIGNATURE
The undersigned, after reasonable inquiry and to the best of their knowledge and
belief, certify that the information set forth in this Statement is true,
complete and correct.
Dated: July 10, 2000 GREENWICH STREET CAPITAL PARTNERS II, L.P.
GSCP OFFSHORE FUND, L.P.
GREENWICH FUND, L.P.
GREENWICH STREET EMPLOYEES FUND, L.P.
TRV EXECUTIVE FUND, L.P.
By: Greenwich Street Investments II, L.L.C.,
their general partner
By: /s/ Sanjay H. Patel
---------------------------------------
Name: Sanjay H. Patel
Title: Managing Member
GREENWICH STREET INVESTMENTS II, L.L.C.,
By: /s/ Sanjay H. Patel
-------------------------------------------
Name: Sanjay H. Patel
Title: Managing Member
GSCP RECOVERY, INC.
By: /s/ Robert A. Hamwee
-------------------------------------------
Name: Robert A. Hamwee
/s/ Alfred C. Eckert III
-----------------------------------------------
Alfred C. Eckert III
/s/ Keith W. Abell
-----------------------------------------------
Keith W. Abell
/s/ Sanjay H. Patel
-----------------------------------------------
Sanjay H. Patel
Page 16 of 19
<PAGE>
EXHIBIT INDEX
Exhibit 1: Registration Rights Agreement, dated June 29, 2000, by and
among Purina and each of the parties set forth on the
signature pages thereto (incorporated by reference to Exhibit
4(b) to the Form 10 of Purina dated March 23, 2000 (File No.
000-30077)).
Exhibit 2: Joint Filing Agreement, dated July 10, 2000 by and among the
Reporting Persons.
Page 17 of 19
