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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
Date of Report (date of earliest event reported): March 25, 1997
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BWAY CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 000-26-178 36-3624491
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
8607 Roberts Drive, Suite 250; Atlanta, Georgia 30350
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (770) 587-0888
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Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
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The Press Release issued by BWAY Corporation on March 25, 1997 and
attached hereto as Exhibit 99.1 is hereby incorporated by reference.
Item 7. Financial Statements and Exhibits.
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(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
99.1 Press Release dated March 25, 1997, issued by
BWAY Corporation.
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SIGNATURES
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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 hereunto duly authorized.
BWAY CORPORATION
Dated: March 28, 1997 By: /s/ DAVID P. HAYFORD
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David P. Hayford
Senior Vice President and Chief
Financial Officer
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INDEX TO EXHIBITS
SEQUENTIALLY
EXHIBIT NUMBERED
NUMBER EXHIBIT PAGE
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99.1 Press Release dated March 25, 1997, issued by
BWAY Corporation. ....................................... 5
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EXHIBIT 99.1
PR NEWSWIRE RELEASED @ 4:23 PM EST
RELEASE: IMMEDIATE
CONTACT: DAVID P. HAYFORD
PHONE: (770) 587-0888
BWAY CORPORATION
PROPOSES TO MAKE A RULE 144A PRIVATE DEBT OFFERING
ATLANTA, GA, MARCH 25, 1997 - BWAY Corporation (NYSE:BY) announced today that it
proposes to make a private offering of $100 million aggregate principal amount
of senior subordinated notes due 2007. The net proceeds from this offering will
be used primarily to repay outstanding indebtedness under the Company's existing
Credit Agreement.
The senior subordinated notes that the Company proposes to offer have not been
registered under the Securities Act of 1933, as amended, or any state securities
or blue sky laws, and may not be offered or sold in the United States to, or for
the account or benefit of, any U.S. Person, except pursuant to an exemption
from, or in a transaction not subject to, the registration requirements of the
Securities Act and applicable state securities laws. Accordingly, the senior
subordinated notes the Company proposes to offer are expected to be resold by
the initial purchasers pursuant to Rule 144A under the Securities Act.
BWAY Corporation is a leading manufacturer of steel containers for the general
line segment of the North American metal container industry.
