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 10, 1999
GEORGIA-PACIFIC CORPORATION
(Exact Name of Registrant as Specified in its Charter)
GEORGIA 1-3506 93-0432081
(State or Other (Commission (IRS Employer
Jurisdiction File Number Identification
of Incorporation) Number)
133 PEACHTREE STREET, N.E., ATLANTA, GEORGIA 30303
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number,including area code (404) 652-4000
Item 5. Other Events.
On November 5, 1999, Georgia-Pacific Corporation (the
"Corporation") entered into a Terms Agreement (the "Terms
Agreement") with Morgan Stanley & Co. Incorporated and Warburg
Dillon Read LLC, as representatives of the Underwriters
named therein (the "Underwriters"). Pursuant to the Terms
Agreement and the Underwriting Agreement filed as an exhibit
to the Corporation's Registration Statement on Form S-3
(No. 33-43453) (the "Underwriting Agreement"), the Corporation
has agreed to sell to the several Underwriters, and the several
Underwriters have agreed to purchase from the Corporation, upon
and subject to the terms and conditions set forth in the Terms
Agreement, $500,000,000 aggregate principal amount of the
Corporation's 7 3/4% Debentures due November 15, 2029 (the
"Debentures"). The Consumation of the purchase pursuant to the
Terms Agreement is subject to customary closing conditions.
The Debentures were registered pursuant to Registration
Statement on Form S-3 (File No. 333-80757) (the
"Registration Statement"), filed by the Corporation with
the Securities and Exchange Commission (the "Commission")
on June 15, 1999 and made effective on June 30, 1999,
covering the offering on a delayed or continuous basis
pursuant to Rule 415 under the Securities Act of 1933, as
amended (the "1933 Act") of up to $2,975,000,000 aggregate
principal amount of the Corporation's Securities (as
defined therein). Information concerning the Debentures and
related matters is set forth in the Prospectus, dated June
30, 1999, and the Prospectus Supplement, dated November 5,
1999, filed with the Commission pursuant to Rule 424(b)(5)
under the 1933 Act.
The Debentures will be issued under and in accordance with
the Indenture, dated as of March 1, 1983, as amended (the
"Indenture"), between the Corporation and The Bank of New
York, as the successor Trustee. The Indenture was filed as
Exhibit 4(a)(i) to the Corporation's Annual Report on Form
10-K for the year ended December 31, 1996 (the "10-K"), the
First Supplemental Indenture dated as of July 27, 1988, was
filed as Exhibit 4.4(ii) to the 10-K, and the Agreement of
Resignation, Appointment and Acceptance, dated as of
January 31, 1992, was filed as Exhibit 4.4(iii) to the 10-
K, each of which is hereby incorporated herein by this
reference.
The Terms Agreement, Specimen Debenture and Officers'
Certificate establishing certain terms of the Debentures,
are being filed as Exhibits to this Report and are hereby
incorporated herein by this reference.
The net proceeds from the sale of the Debentures
are estimated to be approximately $491,265,000
(after deduction of underwriting discounts and commissions
and payment of expenses of the offering estimated to be
$150,000).
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The Corporation will use the net proceeds from the sale
of the Debentures to repay outstanding short-term
borrowings incurred under a credit facility entered into
with Bank of America, N.A. to finance the formation of
Georgia-Pacific Tissue, LLC. Georgia-Pacific Tissue is a
joint venture formed on October 4, 1999 between the
Corporation and a subsidiary of Chesapeake Corporation in
which the two companies have combined their away-from-home
tissue businesses. The Corporation controls the joint-
venture with a 95% equity interest while Chesapeake holds a
5% equity interest in the joint-venture.
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Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
(c) Exhibits
1.1 Terms Agreement dated November 5, 1999
4.1 Specimen of the Corporation's 7 3/4% Debentures Due
November 15, 2029
4.2 Officers' Certificate dated November 10, 1999
establishing certain terms of the Debentures
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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 hereunto duly
authorized.
DATED: November 10, 1999
GEORGIA-PACIFIC CORPORATION
By /s/ Kenneth F. Khoury
Kenneth F. Khoury
Vice President, Deputy General
Counsel and Secretary
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GEORGIA-PACIFIC CORPORATION
Exhibit Index to Form 8-K
Numb Description
er
Exhibit 1.1 Terms Agreement dated November 5, 1999
Exhibit 4.1 Specimen of the Corporation's 7 3/4% Debentures
Due November 15, 2029
Exhibit 4.2 Officers' Certificate dated November 10, 1999
establishing certain terms of the Debentures