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):
November 6, 2000
CONTINENTAL AIRLINES, INC.
(Exact name of registrant as specified in its charter)
|
Delaware |
0-09781 |
74-2099724 |
|
(State or other jurisdiction |
(Commission File Number) |
(IRS Employer |
|
of incorporation) |
Identification No.) |
|
1600 Smith Street, Dept. HQSEO, Houston, Texas |
77002 |
|
(Address of principal executive offices) |
(Zip Code) |
(713) 324-2950
(Registrant's telephone number, including area code)
Item 5. Other Events.
On November 6, 2000, Continental Airlines, Inc. issued a press release, which is filed herewith as Exhibit 99.1 and incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
99.1 Press Release.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, Continental Airlines, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CONTINENTAL AIRLINES, INC.
By /s/ Jeffery A. Smisek Jeffery A. Smisek
Executive Vice President
and General Counsel
November 6, 2000
EXHIBIT INDEX
99.1 Press Release
Exhibit 99.1
News Release
Contact:
Corporate CommunicationsHouston: 713.324.5080
Email: corpcomm@coair.com
News archive: www.continental.com/newspress/ Address: P.O. Box 4607, Houston, TX 77210-4607
CONTINENTAL ANNOUNCES PROPOSED PRIVATE PLACEMENT
HOUSTON, November 6, 2000 -- Continental Airlines, Inc. (NYSE: CAL and CAL.A) today announced plans for an affiliated special purpose trust to offer for sale $250 million of convertible preferred securities, convertible into Continental Class B common stock and maturing in 2030.
The Company intends to offer the securities in a private placement to
qualified institutional buyers in the United States pursuant to Rule 144A
under the Securities Act of 1933.
Continental said it intends to use the net proceeds from the offering to fund a
portion of the purchase price for the proposed repurchase by Continental of
Class A common stock held by Northwest Airlines. If the Northwest repurchase is not consummated, Continental said it intends to use the net proceeds for general corporate purposes.
The securities offered will not be registered under the Securities Act of
1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
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