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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
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APRIL 3, 2001
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)
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AGCO CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Delaware 1-12930 58-1960019
(State of incorporation) (Commission file number) (I.R.S. Employer
Identification No.)
4205 RIVER GREEN PARKWAY
DULUTH, GEORGIA 30096
(ADDRESS OF PRINCIPAL EXECUTIVE
OFFICES INCLUDING ZIP CODE)
(770) 813-9200
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
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ITEM 5. OTHER EVENTS
On April 3, 2001, we issued the press release attached hereto as Exhibit 99.1
relating to a planned private placement of notes.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Exhibits
99.1 Press release issued April 3, 2001, relating to a planned privet
placement of notes
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SIGNATURES
Pursuant to the requirements Section 12 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.
AGCO Corporation
By: /s/ Stephen Lupton
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Senior Vice President and General Counsel
Dated: April 3, 2001
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EXHIBIT 99.1
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[AGCO CORPORATION LOGO]
AGCO Corporation
4205 River Green Parkway Duluth, GA USA 30096-2568
Telephone 770/813-9200
FOR IMMEDIATE RELEASE
Tuesday, April 3, 2001
CONTACT: LORNA ROBINSON OR DON MILLARD
Manager, Corporate Communications Sr. Vice President and C.F.O.
(770)813-6111 (770)813-6164
AGCO CORPORATION ANNOUNCES PLANNED PRIVATE
PLACEMENT OF NOTES
DULUTH, GA -- April 3 -- AGCO Corporation (NYSE: AG), a major worldwide
designer, manufacturer and distributor of agricultural equipment, today
announced that it is seeking to raise approximately $250 million through an
institutional private placement of senior notes. Completion of the offering is
expected later this month, subject to market conditions. The proceeds of the
anticipated offer would be used to reduce AGCO's borrowings under its revolving
credit facility.
The notes have not been registered under the Securities Act of 1933 or
any state securities laws and are being offered only to qualified institutional
buyers in reliance on Rule 144A under the Securities Act. Unless so registered,
the notes may not be offered or sold except pursuant to an exemption from the
registration requirements of the Securities Act and any applicable state
securities laws.
THIS PRESS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS REGARDING OUR
ABILITY TO COMPLETE THIS PRIVATE PLACEMENT AND EFFECTIVELY USE THE PROCEEDS. THE
FORWARD-LOOKING STATEMENTS INVOLVE A NUMBER OF RISKS AND UNCERTAINTIES. AMONG
THE IMPORTANT FACTORS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM
THOSE INDICATED IN SUCH FORWARD-LOOKING STATEMENTS INCLUDE UNCERTAINTIES
RELATING TO (I) MARKET CONDITIONS OR CORPORATE HIGH-YIELD SECURITIES IN GENERAL
AND OUR NOTES IN PARTICULAR; (II) OUR SUBSTANTIAL LEVERAGE AND DEBT SERVICE
REQUIREMENTS; (III) THE CYCLICABILITY OF THE MARKET FOR AGRICULTURAL EQUIPMENT;
AND (IV) OUR ABILITY TO SUCCESSFULLY INTEGRATE THE OPERATIONS OF ACQUIRED
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BUSINESSES. ADDITIONAL RELEVANT RISK FACTORS THAT COULD CAUSE ACTUAL RESULTS TO
DIFFER MATERIALLY ARE DISCUSSED IN THE "RISK FACTORS" AND "FORWARD-LOOKING
STATEMENTS" SECTIONS OF OUR REGISTRATION STATEMENTS AND REPORTS FILED WITH THE
SECURITIES AND EXCHANGE COMMISSION, WHICH ARE AVAILABLE DIRECTLY FROM US, FROM
PUBLIC REFERENCE FACILITIES MAINTAINED BY THE SECURITIES AND EXCHANGE
COMMISSION, OR, TO THE EXTENT FILED VIA EDGAR, ACCESS TO THE WEBSITE OF THE
SECURITIES AND EXCHANGE COMMISSION (HTTP:\\WWW.SEC.GOV).
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AGCO Corporation, headquartered in Duluth, Georgia, is a global
designer, manufacturer and distributor of agricultural equipment and related
replacement parts. AGCO products are distributed in 140 countries. AGCO offers a
full product line including tractors, combines, hay tools, sprayers, forage
equipment and implements through more than 8,200 independent dealers and
distributors around the world. AGCO products are distributed under the brand
names AGCO(R)Allis, AGCOSTAR(R), Farmhand(R), FENDT(TM), Fieldstar(R),
GLEANER(R), Glencoe(R), Hesston(R), Massey Ferguson(R), New Idea(R),
Spra-Coupe(R), Tye(R), White Tractors, White Planters and Willmar(R). AGCO
provides retail financing through AGCO Finance in North America and through
Agricredit in the United Kingdom, France, Germany, Ireland, Spain and Brazil. In
2000, AGCO had sales of $2.3 billion.
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Please visit our website at www.agcocorp.com.