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SECURITIES AND EXCHANGE COMMISSION
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For October 11, 2004
PrimaCom AG
An der Ochsenwiese 3, 55124 Mainz, Germany
(Address of principal executive offices)
(Indicate by check mark whether the registrant filed or will file annual reports under cover of Form 20-F or Form 40-F)
Form 20-Fx Form 40-Fo
Indicate by check mark whether the registrant by furnishing the information contained in this form is also there furnishing the commission pursuant to Rule 12g3-2 (b) under the Securities Exchange Act of 1934.
Yeso Nox
If “yes” is marked indicate below the file number assigned to the registrant in connection with Rule 12g3-2 (b): 82- .
| SIGNATURES | ||||||||
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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.
| PRIMACOM AG | ||||||
| By: | /s/ HANS-WERNER KLOSE | |||||
| Name: | Hans-Werner Klose | |||||
| Titles: | Member of the Management Board | |||||
| By: | /s/ TONY ABRAHAM MERIN | |||||
| Name: | Tony Abraham Merin | |||||
| Titles: | Member of the Management Board | |||||
Date: October 11, 2004
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On 30 September 2004, the Company missed an interest payment due under its €375,000,000 Convertible Second Secured Term Loan Facility (the “Second Secured Loan Facility”). Although adequate liquidity is available to meet the interest payment, the Company has elected, while discussions with its creditors are ongoing in order to find a consensual solution regarding the refinancing of the Company, not to pay interest on its Second Secured Loan Facility. The above default also triggers a cross default on the company’s Senior Credit Facility. This cross-default has been waived for an initial period of 30 days by the Company’s creditors under the Senior Credit Facility.
| Contact: | Investor Relations | |
| Tel. 06131 – 944 522, e-mail: investor@primacom.de | ||
| PrimaCom AG, An der Ochsenwiese 3, 55124 Mainz | ||
| www.primacom.de] |
PrimaComAG (OTC BB “PCAGY” and Geregelter Markt Frankfurt: “PRC” or ID No. “625910”, www.primacom.de) is a significant private cable network operator with over five percent market share in Germany and the Netherlands.PrimaComoffers a wide range of analog, digital and interactive broadband services. Customers, connected to the upgraded 862 MHz networks, have access to more than 100 TV and radio programs, to interactive Video on Demand, and to high speed Internet.PrimaComcurrently passes two million homes and serves 1.3 million subscribers, approx. 1.0 million in Germany and approx. 300,000 in The Netherlands.