-----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, QVra8bug1FIcT/qAEsGgIM6h8qH6ew1Qy3kK52yzDq1/XULpgXG+1QsI3fot0H9N RmIGXmBIqD516eu6jhJV5g== 0000940180-99-000176.txt : 19990218 0000940180-99-000176.hdr.sgml : 19990218 ACCESSION NUMBER: 0000940180-99-000176 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19990217 GROUP MEMBERS: BAY HARBOUR MANAGEMENT LC GROUP MEMBERS: DOUGLAS P. TEITELBAUM GROUP MEMBERS: STEVEN A. VAN DYKE GROUP MEMBERS: TOWER INVESTMENT GROUP, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN BANKNOTE CORP CENTRAL INDEX KEY: 0000051124 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL PRINTING [2750] IRS NUMBER: 130460520 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-15909 FILM NUMBER: 99543881 BUSINESS ADDRESS: STREET 1: 410 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-4407 BUSINESS PHONE: 2125935700 MAIL ADDRESS: STREET 1: 410 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-4407 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN BANKNOTE CORP /DE/ DATE OF NAME CHANGE: 19950706 FORMER COMPANY: FORMER CONFORMED NAME: UNITED STATES BANKNOTE CORP /DE/ DATE OF NAME CHANGE: 19931004 FORMER COMPANY: FORMER CONFORMED NAME: UNITED STATES BANKNOTE CORP /NY/ DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BAY HARBOUR MANAGEMENT LC CENTRAL INDEX KEY: 0001049310 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 593418243 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 777 SOUTH HARBOUR ISLAND BLVD CITY: TAMPA STATE: FL ZIP: 33602 BUSINESS PHONE: 8132721992 MAIL ADDRESS: STREET 1: 777 SOUTH HARBOUR ISLAND BLVD CITY: TAMPA STATE: FL ZIP: 33602 SC 13G/A 1 SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 --------------- SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 2) Under the Securities Act of 1934 American Banknote Corporation ---------------------------------------- (Name of Issuer) Common Stock, Par Value $.01 Per Share ---------------------------------------- (Title of Class of Securities) 024490104 ---------------------------------------- (CUSIP Number) December 31, 1998 ---------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) The information required in the remainder of this cover page (except any items to which the form provides a cross-reference) shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act. - ---------------------- --------------------- CUSIP No. 024490104 13G Page 2 of 10 Pages - ---------------------- --------------------- - -------------------------------------------------------------------------------- 1 Name of Reporting Person Steven A. Van Dyke I.R.S. Identification No. of Above Person Not applicable - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Citizenship or Place of Organization United States - -------------------------------------------------------------------------------- 5 Sole Voting Power Number of Shares 77,620 ------------------------------------------------------------------ Beneficially 6 Shared Voting Power Owned by 2,875,266 ------------------------------------------------------------------ Each 7 Sole Dispositive Power Reporting 77,620 ------------------------------------------------------------------ Person With 8 Shared Dispositive Power 2,875,266 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,952,886 - -------------------------------------------------------------------------------- 10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] - -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 14.89% - -------------------------------------------------------------------------------- 12 Type of Reporting Person IN, HC - -------------------------------------------------------------------------------- - ---------------------- --------------------- CUSIP No. 024490104 13G Page 3 of 10 Pages - ---------------------- --------------------- - -------------------------------------------------------------------------------- 1 Name of Reporting Person Douglas P. Teitelbaum I.R.S. Identification No. of Above Person Not applicable - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Citizenship or Place of Organization United States - -------------------------------------------------------------------------------- 5 Sole Voting Power Number of Shares 0 ------------------------------------------------------------------ Beneficially 6 Shared Voting Power Owned by 2,875,266 ------------------------------------------------------------------ Each 7 Sole Dispositive Power Reporting 0 ------------------------------------------------------------------ Person With 8 Shared Dispositive Power 2,875,266 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,875,266 - -------------------------------------------------------------------------------- 10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] - -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 14.50% - -------------------------------------------------------------------------------- 12 Type of Reporting Person IN, HC - -------------------------------------------------------------------------------- - ---------------------- --------------------- CUSIP No. 024490104 13G Page 4 of 10 Pages - ---------------------- --------------------- - -------------------------------------------------------------------------------- 1 Name of Reporting Person Tower Investment Group, Inc. I.R.S. Identification No. of Above Person 59-2924229 - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Citizenship or Place of Organization Florida - -------------------------------------------------------------------------------- 5 Sole Voting Power Number of Shares 2,875,266 ------------------------------------------------------------------ Beneficially 6 Shared Voting Power Owned by 0 ------------------------------------------------------------------ Each 7 Sole Dispositive Power Reporting 2,875,266 ------------------------------------------------------------------ Person With 8 Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,875,266 - -------------------------------------------------------------------------------- 10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] - -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 14.50% - -------------------------------------------------------------------------------- 12 Type of Reporting Person HC - -------------------------------------------------------------------------------- - ---------------------- --------------------- CUSIP No. 024490104 13G Page 5 of 10 Pages - ---------------------- --------------------- - -------------------------------------------------------------------------------- 1 Name of Reporting Person Bay Harbour Management, L.C. I.R.S. Identification No. of Above Person 59-3418243 - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Citizenship or Place of Organization Florida - -------------------------------------------------------------------------------- 5 Sole Voting Power Number of Shares 2,875,266 ------------------------------------------------------------------ Beneficially 6 Shared Voting Power Owned by 0 ------------------------------------------------------------------ Each 7 Sole Dispositive Power Reporting 2,875,266 ------------------------------------------------------------------ Person With 8 Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,875,266 - -------------------------------------------------------------------------------- 10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] - -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 14.50% - -------------------------------------------------------------------------------- 12 Type of Reporting Person IA - -------------------------------------------------------------------------------- - ---------------------- --------------------- CUSIP No. 024490104 13G Page 6 of 10 Pages - ---------------------- --------------------- This Amendment No. 2 amends and supplements the Statement on Schedule 13G, originally filed with the Securities and Exchange Commission on February 12, 1998, as amended on March 5, 1998 (the "Schedule 13G"), by Bay Harbour Management, L.C., Tower Investment Group, Inc., as the majority stockholder of Bay Harbour, and Steven A. Van Dyke, in his capacity as the sole stockholder and president of Tower. Since the filing of the Schedule 13G, Douglas P. Teitelbaum has become a stockholder of Tower. Capitalized terms contained herein but not otherwise defined have the meanings ascribed to them in the Schedule 13G. Item 1(b) Address of Issuer's Principal Executive Offices: Item 1(b) is hereby amended in its entirety to read as follows: 410 Park Avenue New York, New York 10022-4407 Item 2(a) Name of Person(s) Filing: Item 2(a) is hereby amended in its entirety to read as follows: Bay Harbour Management, L.C. ("Bay Harbour"), Tower Investment Group, Inc. ("Tower"), as the majority stockholder of Bay Harbour, Steven A. Van Dyke ("Mr. Van Dyke"), in his capacity as a stockholder and president of Tower, and Douglas P. Teitelbaum ("Mr. Teitelbaum"), in his capacity as a stockholder of Tower. Item 2(b) Address of Principal Business Office: Item 2(b) is hereby amended in its entirety to read as follows: The principal business address of Bay Harbour, Tower and Mr. Van Dyke is 777 South Harbour Island Boulevard, Suite 270, Tampa, Florida 33602. Mr. Teitelbaum's principal business address is 885 Third Avenue, 34th Floor, New York, NY 10022. Item 2(c) Citizenship: Item 2(c) is hereby amended in its entirety to read as follows: Bay Harbour - Florida Tower - Florida Mr. Van Dyke - United States Mr. Teitelbaum - United States - ---------------------- --------------------- CUSIP No. 024490104 13G Page 7 of 10 Pages - ---------------------- --------------------- Item 2(d) Title of Class of Securities: Item 2(d) is hereby amended in its entirety to read as follows: Common Stock, par value $.01 per share, of American Banknote Corporation ("American Banknote Common Stock"). Item 3 The person(s) filing is (are): Item 3 is hereby amended in its entirety to read as follows: Bay Harbour is an investment adviser registered under Section 203 of the Investment Advisers Act of 1940. Tower is a parent holding company of Bay Harbour. Mr. Van Dyke is a "parent holding company" of Bay Harbour. Mr. Teitelbaum is a "parent holding company" of Bay Harbour. Item 4(a) Amount Beneficially Owned: Item 4(a) is hereby amended in its entirety to read as follows: As of December 31, 1998, Bay Harbour may be deemed to be the beneficial owner of 2,875,266 shares of American Banknote Common Stock as a result of voting and dispositive power that it held with respect to the 2,875,266 shares of American Banknote Common Stock held for the account of five private investment funds and seven managed accounts. As of December 31, 1998, Tower may be deemed to be the beneficial owner of the 2,875,266 shares of American Banknote Common Stock deemed to be beneficially owned by Bay Harbour as referred to above. Tower is the majority stockholder of Bay Harbour. As of December 31, 1998, Mr. Van Dyke may be deemed beneficial owner of 2,952,886 shares of American Banknote Common Stock, consisting of (i) 2,875,266 shares of Common Stock deemed to be beneficially owned by Bay Harbour as referred to above and (ii) 77,620 shares of Common Stock beneficially owned by Mr. Van Dyke. Mr. Van Dyke is a stockholder and President of Tower. As of December 31, 1998, Mr. Teitelbaum may be deemed the beneficial owner of 2,875,266 shares of American Banknote Common Stock, deemed to be beneficially owned by Bay Harbour as referred to above. Mr. Teitelbaum is a stockholder of Tower. - ---------------------- --------------------- CUSIP No. 024490104 13G Page 8 of 10 Pages - ---------------------- --------------------- Item 4(b) Percent of Class: Item 4(b) is hereby amended in its entirety to read as follows: 14.89% (14.50% beneficially owned by Tower, Bay Harbour and Mr. Teitelbaum) Item 4(c) Number of shares as to which reporting persons have: Item 4(c) is hereby amended in its entirety to read as follows: Number of shares as to which Bay Harbour has: (i) sole power to vote or direct the vote: 2,875,266 (ii) shared power to vote or to direct the vote: 0 (iii) the sole power to dispose of or to direct the disposition of: 2,875,266 (iv) shared power to dispose of or to direct the disposition of: 0 Number of shares as to which Tower has: (i) sole power to vote or direct the vote: 2,875,266 (ii) shared power to vote or to direct the vote: 0 (iii) the sole power to dispose of or to direct the disposition of: 2,875,266 (iv) shared power to dispose of or to direct the disposition of: 0 Number of shares as to which Mr. Van Dyke has: (i) sole power to vote or direct the vote: 77,620 (ii) shared power to vote or to direct the vote: 2,875,266 (iii) the sole power to dispose of or to direct the disposition of: 77,620 (iv) shared power to dispose of or to direct the disposition of: 2,875,266 Number of shares as to which Mr. Teitelbaum has: (i) sole power to vote or direct the vote: 0 (ii) shared power to vote or to direct the vote: 2,875,266 (iii) the sole power to dispose of or to direct the disposition of: 0 - ---------------------- --------------------- CUSIP No. 024490104 13G Page 9 of 10 Pages - ---------------------- --------------------- (iv) shared power to dispose of or to direct the disposition of: 2,875,266 Item 10. Certification. Item 10 is hereby amended in its entirety to read as follows: By signing below each of the undersigned certifies that, to the best of such person's knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. - ---------------------- --------------------- CUSIP No. 024490104 13G Page 10 of 10 Pages - ---------------------- --------------------- SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, each of the undersigned certify that the information set forth in this statement is true, complete and correct. Date: February 11, 1999 BAY HARBOUR MANAGEMENT, L.C. By: /s/ Steven A. Van Dyke ___________________________________ Name: Steven A. Van Dyke Title: President Date: February 11, 1999 TOWER INVESTMENT GROUP, INC. By: /s/ Steven A. Van Dyke __________________________________ Name: Steven A. Van Dyke Title: President /s/ Steven A. Van Dyke Date: February 11, 1999 _____________________________________ Steven A. Van Dyke /s/ Douglas P. Teitelbaum Date: February 11, 1999 _____________________________________ Douglas P. Teitelbaum Exhibit Index The Exhibit Index is hereby amended in its entirety as follows: Exhibit I Joint Filing Agreement, dated February 11, 1999, by and among Bay Harbour Management, L.C., Tower Investment Group, Inc., Steven A. Van Dyke and Douglas P. Teitelbaum. EX-99.1 2 JOINT FILING AGREEMENT Exhibit I Joint Filing Agreement The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that it knows or has reason to believe that such information is inaccurate. This Agreement may be executed in counterparts and each of such counterparts taken together shall constitute one and the same instrument. Date: February 11, 1999 BAY HARBOUR MANAGEMENT, L.C. By: /s/ Steven A. Van Dyke ____________________________________ Name: Steven A. Van Dyke Title: President and Chief Executive Officer Date: February 11, 1999 TOWER INVESTMENT GROUP, INC. By: /s/ Steven A. Van Dyke ____________________________________ Name: Steven A. Van Dyke Title: President /s/ Steven A. Van Dyke Date: February 11, 1999 ________________________________________ Steven A. Van Dyke /s/ Douglas P. Teitelbaum Date: February 11, 1999 ________________________________________ Douglas P. Teitelbaum -----END PRIVACY-ENHANCED MESSAGE-----