-----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, Jghr4CGk+I1rtbKv6Pq4zvDnpiaW0han1IRCcCroDt7ZjFfj1Tak0X2jPdbIEN5b xTnEKJUQwQc7DpcivuYEPA== 0000891092-03-002015.txt : 20030808 0000891092-03-002015.hdr.sgml : 20030808 20030808080520 ACCESSION NUMBER: 0000891092-03-002015 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030808 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030808 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARTESYN TECHNOLOGIES INC CENTRAL INDEX KEY: 0000023071 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 591205269 STATE OF INCORPORATION: FL FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-04466 FILM NUMBER: 03830121 BUSINESS ADDRESS: STREET 1: 7900 GLADES RD STE 500 CITY: BOCA RATON STATE: FL ZIP: 33434-4105 BUSINESS PHONE: 5614511000 MAIL ADDRESS: STREET 1: 7900 GLADES ROAD STREET 2: SUITE 500 CITY: BOCA RATON STATE: FL ZIP: 33434-4105 FORMER COMPANY: FORMER CONFORMED NAME: COMPUTER PRODUCTS INC DATE OF NAME CHANGE: 19920703 8-K 1 e15442_8k.txt 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): August 8, 2003 Artesyn Technologies, Inc. (Exact name of registrant as specified in its charter) Florida 0-4466 59-1205269 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification Number) 7900 Glades Rd., Suite 500, Boca Raton, Florida 33434-4105 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (561) 451-1000 ================================================================================ Item 5. Other Events. Artesyn Technologies, Inc. today announced the pricing of its offering of $75 million of convertible senior subordinated notes due August 2010, to qualified institutional buyers. Additional information about the specifics of the transaction were also included. A copy of the press release is attached as Exhibit 99. Item 7. Financial Statements and Exhibits. (c) Exhibits: 99 Press Release issued by Artesyn Technologies, Inc. dated August 8, 2003. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. August 8, 2003 ARTESYN TECHNOLOGIES, INC. (Registrant) /s/ Richard J. Thompson ------------------------------------- Richard J. Thompson Vice President - Finance and Chief Financial Officer 2 EXHIBIT INDEX Exhibit No. Description - ----------- ----------- 99 Press Release issued by Artesyn Technologies, Inc. dated August 8, 2003 3 EX-99 3 e15442ex99.txt PRESS RELEASE Artesyn Prices $75 Million Convertible Senior Subordinated Notes BOCA RATON, Fla., Aug. 8 /PRNewswire-FirstCall/ -- Artesyn Technologies, Inc. (Nasdaq: ATSN), a world leader in providing advanced power conversion equipment and real-time subsystems to the communications industry, announced today the pricing of its offering of $75 million of convertible senior subordinated notes ("Notes"), due August 2010, to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The sale of the Notes is expected to close on August 13, 2003. The Notes will bear interest at the rate of 5.5% per year and will be payable semiannually in arrears on February 15 and August 15 of each year. Holders of the Notes may convert their notes into Artesyn's common stock at any time prior to maturity, unless previously redeemed or repurchased, at a conversion price of approximately $8.064 per share, which is equivalent to an initial conversion rate of approximately 124.0079 shares per $1,000 principal amount of Notes, subject to adjustment in certain circumstances. Artesyn has also granted the initial purchasers of this offering a 30-day option to purchase up to an additional $15.0 million of the Notes. Artesyn will have a call option, pursuant to which it may redeem the securities, in part or in whole, on or after August 15, 2008, at 100% of the principal amount plus accrued and unpaid interest up to the redemption date. The Company intends to use the net proceeds from this offering to fully repay its existing subordinated convertible note due January 2007 in the principal amount of $50 million and for working capital and general corporate purposes. This announcement does not constitute an offer to sell or the solicitation of an offer to buy any of these securities. The securities to be offered have not been registered under the Securities Act, or any state securities laws, and are only being offered to qualified institutional buyers in reliance on the exemption from registration provided by Rule 144A. Unless so registered, the Notes and any common stock issued upon conversion of the Notes may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws. SOURCE Artesyn Technologies, Inc. -0- 08/08/2003 /CONTACT: Richard Gerrity, Treasurer, +1-561-451-1017, or Pamela Rembaum, Director, Investor Relations, +1-561-451-1028, both of Artesyn Technologies/ /Web site: http://www.artesyn.com/ (ATSN) CO: Artesyn Technologies, Inc. ST: Florida IN: CPR SU: -----END PRIVACY-ENHANCED MESSAGE-----