UNITED STATES
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
Date of Report (Date of earliest event reported) 30 August 2001
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Air Products and Chemicals, Inc.
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(Exact name of registrant as specified in charter)
Delaware 1-4534 23-1274455
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(State of other jurisdiction (Commission file number) (IRS Identification
of incorporation) number)
7201 Hamilton Boulevard, Allentown, Pennsylvania 18195-1501
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (610) 481-4911
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Item 5. Other Events.
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AIR PRODUCTS ANNOUNCES RESULTS OF ITS TENDER OFFER
LEHIGH VALLEY, PA. (August 30, 2001) -- On Thursday, August 16, 2001, Air
Products and Chemicals, Inc. (NYSE:APD) issued an offer to purchase for cash
certain of its debt securities as follows: 6.60% Medium Term Notes, Series D due
October 11, 2007; 7.25% Medium Term Notes, Series D due April 15, 2016; 8.75%
Debentures due April 15, 2021; 7.56% Medium Term Notes, Series E due May 29,
2026; 7.80% Debentures due June 15, 2026; and 7.34% Medium Term Notes, Series E
due June 15, 2026. The aggregate principal amount of the debt securities was
$600 million.
The tender offer expired at 5:00 p.m., Eastern Daylight Time, on Wednesday,
August 29, 2001, and was not extended. As of the offer's expiry, the company
received tendered debt securities in an aggregate principal amount of
$493,766,000--82.29% in aggregate principal amount of the tendered-for debt
securities then outstanding. Of that amount, the company received tendered 8.75%
Debentures due April 15, 2021, which are listed on the New York Stock Exchange,
in an aggregate principal amount of $81,560,000, or 81.56% of such 8.75%
Debentures then outstanding. Payment will be made on the properly tendered debt
securities as provided in the August 16th press release and the offer to
purchase referenced in that release.
Goldman, Sachs & Co. acted as exclusive Dealer Managers and Mellon Investor
Services LLC acted as Information Agent for the tender offer.
Air Products and Chemicals, Inc. (www.airproducts.com) is the world's only
combined gases and chemicals company. Founded more than 60 years ago, the
business has annual revenues of $5.5 billion and operations in 30 countries.
Air Products is a market leader in the global electronics and chemical
processing industries, and a longstanding innovator in many industrial
markets, including coatings, adhesives and polyurethanes. The company
distinguishes itself through its 17,500 employees around the world, who
build lasting relationships with their customers and communities based
on understanding, integrity and passion.
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Media Inquiries:
Lisa Walsh, tel: (610) 481-5784; e-mail: walshla@apci.com.
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Investor Inquiries:
Alexander W. Masetti, tel: (610) 481-7461; e-mail: masettaw@apci.com.
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SIGNATURES
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.
Air Products and Chemicals, Inc.
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(Registrant)
Dated: 30 August 2001 By: /s/Leo J. Daley
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Leo J. Daley
Vice President - Finance and Controller
(Chief Financial Officer)
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