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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): September 25, 1998.
Pepsi-Cola Puerto Rico Bottling Company
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(Exact name of registrant as specified in its charter)
Delaware 1-13914 ###-##-####
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(State or other Jurisdiction (Commission File (I.R.S. Employer
of incorporation) Number) Identification No.)
Carretera 865 Km. 0.4
Bo. Candelaria Arenas
Toa Baja, Puerto Rico 00949
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(Address of principal executive offices)
Registrant's telephone no., including area code: (787) 251-2000
Not Applicable
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(Former name or former address, if changed since last report)
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ITEM 5. Other Events.
On September 25, 1998, Pepsi-Cola Puerto Rico Bottling Company (the
"Company") issued a press release announcing the temporary disruption of its
soft drink production as a result of Hurricane Georges. A copy of the press
release is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
ITEM 7. Financial Statements and Exhibits
(c) Exhibits.
99.1 Press Release of the Company dated September 25, 1998.
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.
Date: September 28, 1998
Pepsi-Cola Puerto Rico Bottling Company
By: /s/ John F. Bierbaum
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John F. Bierbaum
Chief Financial Officer
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EXHIBIT INDEX
Exhibit Number Description
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99.1 Press Release of the Company dated September 25,
1998.
3
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PEPSI-COLA PUERTO RICO
BOTTLING COMPANY
John Bierbaum
Chief Financial Officer
Pepsi-Cola Puerto Rico Bottling Company
(612) 661-3830
Robin Weinberg
Pepsi-Cola Puerto Rico Bottling Company's
Investor Relations Desk
(212) 688-7931
PEPSI-COLA PUERTO RICO BOTTLING COMPANY ANNOUNCES MINIMAL DAMAGE AS A RESULT OF
HURRICANE GEORGES
Toa Baja, Puerto Rico, September 25, 1998 -- Pepsi-Cola Puerto Rico
Bottling Company (NYSE:PPO) today announced it experienced minimal damage to its
facilities as a result of Hurricane Georges, which struck Puerto Rico on the
night of September 21, 1998, leaving much of the island without water or
electricity.
The Company's facilities had been shutdown in anticipation of the storm
and its production of soft drinks has been disrupted. The Company's
manufacturing plants and delivery vehicles were not materially damaged. The
Company expects that it will take several days to reach previous production
levels, once water and electrical services are restored.
At the time of the halt in production, the Company had approximately
four to five days of inventory on hand. In order to keep product available, the
Company is obtaining pre-packaged Pepsi-Cola and other soft drinks from
distributors in the continental U.S. The Company is making deliveries to its
customers, where road conditions permit and while inventory is available.
Management believes that it is too early to determine the full impact
of the storm on the company's financial performance. Factors which may
negatively affect the company's results include reduced production resulting
from the shut down, delays in resuming production, delivery difficulties
resulting from damage to roadways, reduced orders for the company's products,
and additional expenses incurred in importing soft drinks.
Pepsi-Cola Puerto Rico Bottling Company distributes and markets PepsiCo
and other soft drink products, and sells and distributes fruit juice products
under the Welch trademark, All Sport isotonic drinks and Cristalia water within
Puerto Rico. Founded in 1987, Pepsi-Cola Puerto Rico Bottling Company is the
first Carribean soft drink bottler to list its shares on the New York Stock
Exchange.
985311.1
