SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 12, 1999
VIATEL, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware 000-21261 13-3787366
(State or Other (Commission (IRS Employer
Jurisdiction File Number) Identification No.)
of Incorporation)
Viatel, Inc.
685 Third Avenue
New York, New York 10017
(Address of Principal Executive Offices, Including Zip Code)
Registrant's telephone number, including area code: 212-350-9200
Exhibit List Appears on Page 4
Page 1 of 4 Pages
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Item 5. Other Events.
On March 12, 1999, Viatel, Inc. (the "Company") announced that it has
priced a $365 million offering of debt securities consisting of $200 million of
U.S. denominated 11.50% Senior Notes Due 2009 and $165 million of Euro
denominated 11.50% Senior Notes Due 2009, which offering is scheduled to be
completed on March 19, 1999. The Notes will be sold to investors in the United
States pursuant to a private placement under Rule 144A and to investors outside
the United States pursuant to Regulation S.
A copy of the Company's press release, dated March 12, 1999, is
attached hereto as Exhibit 99.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
(a) Financial Statements of Businesses Acquired.
Not Applicable
(b) Pro Forma Financial Information.
Not Applicable
(c) Exhibits.
The following exhibit is filed with this Report.
Exhibit No. Description
99 Press Release of the Company, dated March 12, 1999.
<PAGE>
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 hereunto duly authorized.
VIATEL, INC.
Date: March 12, 1999 By: /s/ ALLAN L. SHAW
Name: Allan L. Shaw
Title: Senior Vice President,
Finance and Chief Financial
Officer
<PAGE>
EXHIBIT LIST
Exhibit No. Description
99 Press Release of the Company, dated March 12, 1999.
<PAGE>
FOR IMMEDIATE RELEASE
CONTACTS: Glenn K. Davidson, Vice President, Corporate Communications & External
Affairs, or Cindy Glynn, Director of Investor Relations, both of
Viatel, Inc., 212- 350-9200.
Viatel, Inc. Announces Pricing of High Yield Debt Offering
NEW YORK, March 12 /PRNewswire/ -- Viatel, Inc. (Nasdaq: VYTL), today
announced that it has priced a $365 million offering of debt securities
consisting of $200 million of U.S. denominated 11.50% Senior Notes Due 2009 and
$165 million of Euro denominated 11.50% Senior Notes Due 2009. The offering is
expected to be completed on March 19, 1999. The Company intends to use the
proceeds from the offering primarily to fund the further expansion of its Circe
Network.
The Notes will be sold to investors in the United States pursuant to a
private placement under Rule 144A and to investors outside the United States
pursuant to Regulation S. The Notes will not be registered under the Securities
Act of 1933 and may not be offered or sold in the United States absent such
registration or an applicable exemption from registration under the Securities
Act. This release shall not constitute an offer to sell or the solicitation of
an offer to buy, nor shall there be any sale of the Notes in any state in which
such an offer or solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any state.
The matters discussed in this release are forward-looking statements
that involve risks and uncertainties, including financing risks, detailed from
time to time in the Company's reports filed with the Securities and Exchange
Commission.
