-----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, R7mmAs36KCMNZaWuPIbxKVXQasodSfp/dQhRGlqygiKF0C/g3T4UMXZokwoSZa9n it6cL6jCbrwVDvZjjbTs/A== 0000950123-98-005482.txt : 19980601 0000950123-98-005482.hdr.sgml : 19980601 ACCESSION NUMBER: 0000950123-98-005482 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980527 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980529 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERMEDIA COMMUNICATIONS INC CENTRAL INDEX KEY: 0000885067 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 592913586 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-20135 FILM NUMBER: 98633569 BUSINESS ADDRESS: STREET 1: 3625 QUEEN PALM DR STREET 2: STE 720 CITY: TAMPA STATE: FL ZIP: 33619 BUSINESS PHONE: 8138290011 FORMER COMPANY: FORMER CONFORMED NAME: INTERMEDIA COMMUNICATIONS OF FLORIDA INC DATE OF NAME CHANGE: 19930328 8-K 1 INTERMEDIA COMMUNICATIONS INC. 1 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): May 27, 1998 ------------- INTERMEDIA COMMUNICATIONS INC. ------------------------------- (Exact name of registrant as specified in its charter) Delaware 59-2913586 - ------------------------- ------------------ (State or other jurisdic- I.R.S. Employer tion of incorporation or Identification No.) organization) 0-20135 ----------------------- (Commission File Number) 3625 Queen Palm Drive, Tampa, Florida 33619-1309 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (813) 829-0011 -------------- 2 Item 5. Other Events On May 27, 1998, Intermedia Communications Inc. (the "Company") announced its private offering of $350 million principal amount of its 8.60% Senior Notes (the "Senior Notes") which was subsequently increased to $450 million and closed on May 27, 1998 (the "Private Offering"). The Private Offering was also amended to include a $50 million over-allotment option that continues to be outstanding. The net proceeds from the Private Offering will be used to fund up to 80% of the cost of acquisition or construction by the Company of telecommunications-related assets. The Senior Notes will not and have not been registered under the Securities Act of 1933, as amended, or any state securities or blue sky laws, and may not be offered or sold in the United States or in any state thereof absent registration or an applicable exemption from the registration requirements of such laws. Item 7. Financial Statements and Exhibits Exhibit 99.1 Press Release, dated May 27, 1998. 2 3 SIGNATURE 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. Date: May 29, 1998 INTERMEDIA COMMUNICATIONS INC. (Registrant) By: /s/ David C. Ruberg -------------------------------- Name: David C. Ruberg Title: Chairman and Chief Executive Officer 3 4 EXHIBIT INDEX Exhibit Page No. Description No. --- ----------- ---- Exhibit 99.1 Press Release, dated May 27, 1998. 5 4 EX-99.1 2 PRESS RELEASE, DATED MAY 27, 1998 1 Exhibit 99.1 Tampa, Florida (May 27, 1998) - Intermedia Communications Inc. (Nasdaq: ICIX) today announced its private offering of $350 million principal amount of its Senior Notes was subsequently increased to $450 million and closed on May 27, 1998. The private offering was also amended to include a $50 million overallotment option that continues to be outstanding. The 8.6% Senior Notes are due on June 1, 2008, with interest accruing from May 27, 1998, and payable semi-annually in arrears on June 1 and December 1 of each year commencing December 1, 1998. The Notes will be redeemable, at the option of Intermedia, in whole or in part, on or after their date of issuance, and rank pari passu with all other senior indebtedness. The net proceeds form the offering of the Senior Notes will be used to fund up to 80% of the cost of acquisition or construction by the Company of telecommunications-related assets. A portion of the Company's expansion may occur through acquisitions (utilizing cash or securities of the Company) as an alternative to direct investments in such assets. Intermedia Communications is one of the nation's fastest growing telecommunications companies, providing integrated telecommunications solutions to business and government customers. These solutions include voice and data, local and long distance, and advanced network access services in major U.S. markets. Intermedia Communications' enhanced data portfolio, including frame relay networking, ATM, and a full range of business Internet connectivity and web hosting services, offers seamless end-to-end services virtually anywhere in the world. Intermedia Communications is headquartered in Tampa, Florida, with sales offices in 81 cities. Intermedia Communications is on the World Wide Web at http://www.intermedia.com. 5 -----END PRIVACY-ENHANCED MESSAGE-----