Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
DRS > SEC Filings for DRS > Form 8-K on 10-Dec-2008All Recent SEC Filings

Show all filings for DRS TECHNOLOGIES INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for DRS TECHNOLOGIES INC


10-Dec-2008

Other Events, Financial Statements and Exhibits


ITEM 8.01 OTHER ITEMS

On December 5, 2008, DRS Technologies, Inc. (the "Company"), a wholly-owned subsidiary of Finmeccanica S.p.A. ("Finmeccanica"), issued a press release announcing the commencement of a consent solicitation to amend the terms of the indentures governing its 6-7/8% Senior Subordinated Notes due 2013, 6-5/8% Senior Notes due 2016 and 7-5/8% Senior Subordinated Notes due 2018 (collectively, the "Notes") in accordance with the consent solicitation statement, dated as of December 5, 2008.

As required under the indentures governing the Notes, as a result of the Company's merger with Finmeccanica, the Company made, on November 21, 2008, "Change of Control" offers to purchase the Notes for 101% of the aggregate principal amount thereof plus accrued and unpaid interest, if any, on the Notes repurchased, if any, to but excluding the date of the purchase. Note holders may deliver a consent in the consent solicitation, whether or not they intend to participate or have tendered Notes in the change of control offers. The expiration date for each of the offers currently is scheduled to be January 15, 2009, except for the offer relating to the 6-5/8% Senior Notes due 2016, which expires on January 14, 2009. The Company may extend the expiration date of each offer in the manner described in the documentation relating to each offer.

A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.




ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

Exhibit No. Description

99.1 Press Release dated December 5, 2008.


  Add DRS to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for DRS - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.