-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UezCb+W8LceqfrjB7rkFU8VEBR1/4uqF7Tq3/fTnConr00uHf7Dh0BGsoW+ECrlo qZHMYbL/h8cMnM6PEsTZqw== 0000899140-97-000516.txt : 19970709 0000899140-97-000516.hdr.sgml : 19970709 ACCESSION NUMBER: 0000899140-97-000516 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970627 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19970708 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNITED AUTO GROUP INC CENTRAL INDEX KEY: 0001019849 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] IRS NUMBER: 223086739 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12297 FILM NUMBER: 97637140 BUSINESS ADDRESS: STREET 1: 375 PARK AVE STREET 2: 22ND FL CITY: NEW YORK STATE: NY ZIP: 10152 BUSINESS PHONE: 2122233300 MAIL ADDRESS: STREET 1: 375 PARK AVENUE STREET 2: 22ND FL CITY: NEW YORK STATE: NY ZIP: 10152 8-K 1 REPORT ON FORM 8-K 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): June 27, 1997 UNITED AUTO GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 1-12297 22-3086739 (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification No.) 375 Park Avenue, New York, New York 10152 (Address of principal executive offices) (Zip Code) (212) 223-3300 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report) ITEM 5. Other Events. On June 27, 1997, United Auto Group, Inc. issued a press release announcing a proposed offering of $150.0 million aggregate principal amount of Senior Subordinated Notes due 2007 in a transaction under Rule 144A of the Securities Act of 1933, as amended. This current report on Form 8-K is being filed for the sole purpose of filing the press release, attached hereto as exhibit 99.1 ITEM 7. Financial Statements and Exhibits. (a) Financial Statements of Businesses Acquired: N/A (b) Pro Forma Financial Information: N/A (c) Exhibits: 99.1 Press Release relating to proposed offering of $150.0 million aggregate principal amount of Senior Subordinated Notes due 2007 in a transaction under Rule 144A of the Securities Act of 1933, as amended, issued June 27, 1997. EXHIBIT INDEX Exhibit No. Document - ----------- -------- 99.1 Press Release relating to proposed offering of $150.0 million aggregate principal amount of Senior Subordinated Notes due 2007 in a transaction under Rule 144A of the Securities Act of 1933, as amended, issued June 27, 1997. 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. UNITED AUTO GROUP, INC. DATE: July 8, 1997 By: /s/ Philip N. Smith, -------------------- Philip N. Smith, Jr. Vice President, Secretary and General Counsel EX-99.1 2 PRESS RELEASE FOR IMMEDIATE RELEASE UNITED AUTO GROUP TO OFFER $150.0 MILLION OF SENIOR SUBORDINATED NOTES IN THE RULE 144A MARKET NEW YORK, NEW YORK, June 27, 1997 - United Auto Group, Inc. (NYSE: UAG), the nation's second largest publicly-traded automotive retailer, announced today that it plans to offer $150.0 million aggregate principal amount of Senior Subordinated Notes due 2007 (the "Notes") in a transaction (the "Offering") under Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"). The net proceeds from the sale of the Notes are estimated to be approximately $143.0 million after deducting the initial purchasers' discount and estimated expenses related to the Offering. United Auto plans to use $50.0 million of such net proceeds to repay the $50.0 million of outstanding borrowings under its credit facility. The balance of such net proceeds will be deposited with the Company's floor plan lenders, such deposits to be available for working capital and other general corporate purposes, including acquisitions of dealerships. The Notes will not be registered under the Securities Act and may not be offered or sold in the United States absent registration thereunder or an applicable exemption from the registration requirements thereof. Consummation of the Offering is subject to conditions, several of which are beyond United Auto's control, and there can be no assurance that such transaction will be consummated. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities offered by United Auto in the Offering. # # # -----END PRIVACY-ENHANCED MESSAGE-----