-----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, OG9ygD1w3S6ovn0Raz0hJ8oS3gp1XkjUOuH1dLPerrgvniui5HYW9Qfs7DnMBDbW s1ZuK0ju71f9dpSNNGA+9Q== 0001104659-08-033883.txt : 20080516 0001104659-08-033883.hdr.sgml : 20080516 20080516093840 ACCESSION NUMBER: 0001104659-08-033883 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080516 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080516 DATE AS OF CHANGE: 20080516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORCROSS SAFETY PRODUCTS LLC CENTRAL INDEX KEY: 0001264010 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS MANUFACTURING INDUSTRIES [3990] IRS NUMBER: 611283304 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-110531 FILM NUMBER: 08840460 BUSINESS ADDRESS: STREET 1: 2211 YORK ROAD STREET 2: SUITE 215 CITY: OAK BROOK STATE: IL ZIP: 60521 BUSINESS PHONE: 6305725715 MAIL ADDRESS: STREET 1: 2001 SPRING ROAD, SUITE 425 CITY: OAK BROOK STATE: IL ZIP: 60523 8-K 1 a08-14546_28k.htm 8-K

 

UNITED STATES
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): May 16, 2008

 

NORCROSS SAFETY PRODUCTS L.L.C.

(Exact name of registrant as specified in its charter)

 

Delaware

 

333-110531

 

61-1283304

(State or other jurisdiction of
incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

2001 Spring Road, Suite 425, Oak Brook, Illinois 60523

(Address of Principal executive offices, including  Zip Code)

 

(630) 572-5715

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

Item 8.01 Other Events.

 

On May 16, 2008, Norcross Safety Products L.L.C. (the “Company”) issued a press release announcing the acceptance of and payment for 100% of its outstanding 97/8 % Senior Subordinated Notes due 2011 (the “Notes”) tendered pursuant to the terms set forth in the Company’s Offer to Purchase and Consent Solicitation Statement dated April 14, 2008.  A copy of the press release announcing the acceptance of and payment for the Notes is attached as Exhibit 99.1 and is incorporated by reference into this Item 8.01.

 

Item 9.01 Financial Statements and Exhibits.

 

(d)           Exhibits.

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press Release of Norcross Safety Products L.L.C. issued May 16, 2008

 



 

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.

 

 

 

NORCROSS SAFETY PRODUCTS L.L.C.

 

 

 

 

 

 

 

 

 

 

By:

/s/ David F. Myers, Jr.

Date: May 16, 2008

 

Name:

David F. Myers, Jr.

 

 

Title:

Executive Vice President, Chief Financial
Officer, Secretary and Manager

 

2


EX-99.1 2 a08-14546_2ex99d1.htm PRESS RELEASE

Exhibit 99.1

 

TENDER OFFER AND CONSENT SOLICITATION RESULTS ANNOUNCED IN
CONNECTION WITH THE SALE OF SAFETY PRODUCTS HOLDINGS, INC.

 

OAK BROOK, Illinois — May 16, 2008 — In connection with the sale (the “Sale”) of Safety Products Holdings, Inc. (the “Company”) to Honeywell International Inc., the Company announced today that it has accepted for payment all tenders with respect to its 113/4% Senior PIK Notes due 2012 (the “Holdco Notes”) and Norcross Safety Products L.L.C. (the “Opco Purchaser” and together with the Company, the “Purchasers”) announced that it has accepted for payment all tenders with respect to its 97/8% Senior Subordinated Notes due 2011 (the “Opco Notes” and together with the Holdco Notes, the “Notes”).

 

The Company has received tenders and consents from holders of 100%, or $173,849,512 of the $173,849,512 outstanding aggregate principal amount of Holdco Notes and the Opco Purchaser has received tenders and consents from holders of 100%, or $152,500,000, of the $152,500,000 outstanding aggregate principal amount of Opco Notes.

 

The total consideration for each $1,000 principal amount of Holdco Notes validly tendered and accepted for payment and consents validly delivered and not withdrawn is $1,052.50 (which includes a consent payment of $30.00).  The total consideration for each $1,000 principal amount of Opco Notes validly tendered and accepted for payment and consents validly delivered and not withdrawn is $1,051.88 (which includes a consent payment of $30.00).  Holders who validly tendered and did not validly withdraw their notes will also receive accrued and unpaid interest from the last interest payment date to, but not including, the payment date.  Payment for the total consideration and accrued and unpaid interest has been deposited with The Depository Trust Company.

 

As previously announced, the Purchasers received the requisite consents from the holders of the Notes to amend certain covenants in the indentures governing the Notes.  As a result of obtaining the requisite consents, the supplemental indentures effecting the amendments to the indentures governing each series of Notes contemplated by the tender offers and consent solicitations were executed on April 25, 2008 and became operative immediately prior to the Sale.

 

The tender offers and consent solicitations were made upon the terms and subject to the conditions set forth in the related offer to purchase and consent solicitation statements dated April 14, 2008.

 

The Purchasers retained Credit Suisse Securities (USA) LLC to serve as Dealer Manager and Solicitation Agent and D.F. King & Co., Inc. to serve as Information Agent and Tender Agent.

 

The Company is a leading designer, manufacturer and marketer of branded products in the fragmented personal protection equipment industry.  The Company manufactures and markets a full line of personal protection equipment for workers in the general safety and preparedness, fire service and electrical safety industries.  The Company sells its products under trusted, long-standing and well-recognized brand names, including North, KCL, Fibre-Metal, NEOS, Morning Pride, Ranger, Servus, Pro-Warrington, American Firewear, Salisbury and

 



 

SafetyLine.  The Company’s broad product offering includes, among other things, respiratory protection, protective footwear, hand protection, turnout gear and linemen equipment.

 

###

 

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