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): January 30, 2001
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OWENS CORNING
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(Exact name of Registrant as specified in its charter)
Delaware 1-3660 34-4323452
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(State of (Commission File No.) (IRS Employer
Incorporation) Identification No.)
One Owens Corning Parkway
Toledo, Ohio 43659
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(Address of principal executive offices, including zip code)
(419) 248-8000
(Registrant's telephone number, including area code)
N/A
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE
On October 5, 2000, Owens Corning (the "Company") and 17 of its United
States subsidiaries (collectively, the "Debtors") filed voluntary petitions for
relief under Chapter 11 of the United States Bankruptcy Code (the "Bankruptcy
Cases") in the United States Bankruptcy Court for the District of Delaware (the
"Bankruptcy Court").
The Company reports its operating results and financial statements on a
consolidated basis. These reports are available on its website at
www.owenscorning.com. As a result of the filing of the Bankruptcy Cases, the
Debtors are required to file periodically with the Bankruptcy Court certain
financial information on an unconsolidated basis for each of the Debtors. This
information includes Statements of Financial Affairs, Schedules and certain
monthly operating reports (in forms prescribed by the Federal Rules of
Bankruptcy Procedure).
The Debtors' informational filings with the Bankruptcy Court, including
the Statements of Financial Affairs, Schedules and monthly operating reports
(collectively, the "Reports"), are available to the public at the office of the
Clerk of the Bankruptcy Court, 824 Market Street, 5th Floor, Wilmington,
Delaware 19801. The Reports may also be obtained from a document retrieval
service, Lason, One Rodney Square, Suite 505, Wilmington, Delaware 19801, (302)
426-1500. Certain of the Reports may be viewed at www.deb.uscourts.gov (Case No.
00-03837 (JKF)).
The Company is furnishing the information set forth above for
convenience of reference only. The Company cautions that the Reports are
unaudited and subject to change, and were not prepared for the purpose of
providing the basis for an investment decision relating to any of the securities
of the Company or other Debtor, or any other affiliate of the Company. For
example, the Reports include certain information concerning inter-company
arrangements that were entered into prior to the filing of the Bankruptcy Cases.
Certain of these arrangements may be challenged by various parties in the
Bankruptcy Cases, and payments in respect of certain of these arrangements may
be restricted by order of, or subject to review and approval by, the Bankruptcy
Court. Such arrangements, and the manner in which they are ultimately treated in
the Bankruptcy Cases, may have a material impact on the respective assets,
liabilities and results of operations of the Company and its subsidiaries. In
view of the inherent complexity and uncertainty of the ultimate resolution of
the numerous claims that may be involved in the Bankruptcy Cases, the Company
and its subsidiaries do not undertake any obligation to make any further public
announcement with respect to the Reports or the matters referred to therein.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this Report to be signed on its behalf
by the undersigned hereunto duly authorized.
OWENS CORNING
Date: January 30, 2001 By: /s/ Deyonne F. Epperson
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Deyonne F. Epperson
Vice President and Controller