COMMSCOPE HOLDING COMPANY, INC. (NASDAQ:COMM) Files An 8-K Regulation FD Disclosure
Item7.01 Regulation FD Disclosure.
On March 2, 2017, CommScope Holding Company, Inc. issued a press
release announcing the proposed offering by its wholly owned
subsidiary, CommScope Technologies LLC (the Issuer), of
$750million in aggregate principal amount of senior unsecured
notes due 2027 (the Notes), in a private placement exempt from
registration under the Securities Act of 1933, as amended (the
Securities Act), subject to market conditions.
The Issuer currently intends to use the net proceeds of the
offering of the Notes, together with cash on hand, to (i) redeem
retire the $500million in outstanding aggregate principal amount
of CommScope, Inc.s 4.375% senior secured notes due 2020, (ii)
repay a portion of the outstanding borrowings under CommScope,
Inc.s senior secured term loan facility and (iii) pay fees and
expenses related to the foregoing. There can be no assurance that
the issuance and sale of the Notes will be consummated.
A copy of the press release is attached hereto as Exhibit 99.1 to
this Current Report on Form 8-K (this Current Report) and is
incorporated by reference herein.
This Current Report does not constitute an offer to sell or the
solicitation of an offer to buy the Notes or any other securities
and shall not constitute an offer, solicitation or sale of any
security in any jurisdiction in which such offering, solicitation
or sale would be unlawful. This Current Report does not
constitute a notice of redemption with respect to CommScope,
Inc.s 4.375% senior secured notes due 2020. The Notes will not be
registered under the Securities Act, or any state securities
laws, and may not be offered or sold in the United States absent
registration, except to an exemption from the registration
requirements of the Securities Act and applicable state
securities laws.
The foregoing information, including Exhibit 99.1, is being
furnished and shall not be deemed filed for purposes of Section18
of the Securities Exchange Act of 1934, as amended (the Exchange
Act), or otherwise subject to the liabilities of that section,
nor shall it be deemed incorporated by reference in any filing
under the Securities Act or the Exchange Act, except as expressly
set forth by specific reference in such filing.
Item9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit. |
Description. |
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| 99.1 |
CommScope Holding Company, Inc. press release, dated March 2, 2017. |
About COMMSCOPE HOLDING COMPANY, INC. (NASDAQ:COMM)
CommScope Holding Company, Inc. is provider of infrastructure solutions for wireless, business enterprise and residential broadband networks. The Company operates through four segments: Wireless, Enterprise, Broadband and Broadband Network Solutions (BNS). Its Wireless segment provides merchant RF wireless network connectivity solutions and cell distributed antenna systems (DAS) solutions to enable carriers’ second generation (2G), third generation (3G) and fourth generation (4G) networks. Its Enterprise segment provides enterprise connectivity solutions for data centers and commercial buildings, comprises voice, video, data and converged solutions. Its Broadband segment provides cable and communications products that support the multichannel video, voice and high-speed data services provided by multi-system operators (MSOs). The BNS segment provides fiber-optic and copper connectivity solutions for telecom and enterprise markets, as well as DAS solutions for the wireless market. COMMSCOPE HOLDING COMPANY, INC. (NASDAQ:COMM) Recent Trading Information
COMMSCOPE HOLDING COMPANY, INC. (NASDAQ:COMM) closed its last trading session 00.00 at 39.46 with 2,816,844 shares trading hands.