-----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, PuFm8OLLaOKf4B9QXeHPSpkruNmMBJmku2nbRN4kDjBu1I6Y+Q6E0y/1hoC4Hwk7 MwY+xCiAjQ4DQaobfjUU7Q== 0000912057-01-508176.txt : 20010416 0000912057-01-508176.hdr.sgml : 20010416 ACCESSION NUMBER: 0000912057-01-508176 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010410 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010412 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HEALTH NET INC CENTRAL INDEX KEY: 0000916085 STANDARD INDUSTRIAL CLASSIFICATION: HOSPITAL & MEDICAL SERVICE PLANS [6324] IRS NUMBER: 954288333 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-12718 FILM NUMBER: 1600725 BUSINESS ADDRESS: STREET 1: 21650 OXNARD ST CITY: WOODLAND HILLS STATE: CA ZIP: 91367 BUSINESS PHONE: 8186766000 MAIL ADDRESS: STREET 1: 225 N MAIN ST CITY: PUEBLO STATE: CO ZIP: 81003 FORMER COMPANY: FORMER CONFORMED NAME: FOUNDATION HEALTH SYSTEMS INC DATE OF NAME CHANGE: 19970513 FORMER COMPANY: FORMER CONFORMED NAME: HEALTH SYSTEMS INTERNATIONAL INC DATE OF NAME CHANGE: 19940207 FORMER COMPANY: FORMER CONFORMED NAME: HN MANAGEMENT HOLDINGS INC/DE/ DATE OF NAME CHANGE: 19931213 8-K 1 a2045194z8-k.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): APRIL 10, 2001 -------------- HEALTH NET, INC. ----------------- (Exact Name of Registrant as Specified in Charter) Delaware 1-12718 95-4288333 ------------- ------------- -------------- (State or Other Jurisdiction (Commission File Number) (IRS Employer of Incorporation) Identification No.) 21650 Oxnard Street, Woodland Hills, California 91367 ------------------------------------------------------ (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (818) 676-6000 -------------- - -------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Item 5. OTHER EVENTS. On April 10, 2001, Health Net, Inc. issued a press release, attached hereto as Exhibit 99.1, which press release is incorporated herein by reference. Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) EXHIBITS Exhibit Number Description -------------- ------------------------------------ 99.1 Press release issued April 10, 2001 by Health Net, Inc. 2 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 hereunto duly authorized. HEALTH NET, INC. By: /s/ B. Curtis Westen ---------------------------------- B. Curtis Westen, Esq. Senior Vice President, General Counsel and Secretary Date: April 10, 2001 3 EXHIBIT INDEX Exhibit Number Description -------------- ----------- 99.1 Press release issued April 10, 2001 by Health Net, Inc. 4 EX-99.1 2 a2045194zex-99_1.txt EXHIBIT 99.1 EXHIBIT 99.1 [HEALTH NET LETTERHEAD] NEWS RELEASE Media Contact: Lisa Haines (818) 676-7912 LISA.J.HAINES@HEALTH.NET Investor Contact: David Olson (818) 676-6978 DAVID.W.OLSON@HEALTH.NET HEALTH NET, INC. ISSUES $400 MILLION OF SENIOR NOTES LOS ANGELES, April 10, 2001 - Health Net, Inc. (NYSE:HNT) today announced it has completed its offering of $400 million aggregate principal amount of 8.375 percent Senior Notes due in 2011. The transaction is expected to close on Thursday, April 12, 2001. The net proceeds from the fixed rate Notes will be used to repay outstanding borrowing under the Company's existing revolving credit facility. The Senior Notes will not be registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. The matters discussed in this release contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, that involve risks and uncertainties. All statements other than statements of historical information provided herein may be deemed to be forward-looking statements. Without limiting the foregoing, the words "believes," "anticipates," "plans," "expects" and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those reflected in the forward-looking statements include, but are not limited to, the risks discussed in the "Risk Factors" and "Cautionary Statements" sections included within the Company's most recent Annual Report on Form 10-K filed with the SEC and the risks discussed in the Company's other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis, judgment, belief or expectation only as of the date hereof. Except as required by law, the Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Health Net, Inc., formerly known as Foundation Health Systems, Inc., is one of the nation's largest publicly traded managed health care companies. The company's HMO, insured PPO and government contracts subsidiaries provide health benefits to approximately 5.4 million individuals in 16 states through group, individual, Medicare, Medicaid and TRICARE programs. Health Net's subsidiaries also offer managed health care products related to behavioral health, dental, vision and prescription drugs, and offer managed health care product coordination for multi-region employers and administrative services for medical groups and self-funded benefits programs. # # # -----END PRIVACY-ENHANCED MESSAGE-----