SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
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Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 30, 1998
TIFFANY & CO.
(Exact name of Registrant as specified in its charter)
Delaware 1-9494 13-3228013
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification
Number)
727 Fifth Avenue, New York, New York 10022
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 755-8000
Item 5. Other Events.
On December 30, 1998, Registrant entered into and consummated a series of Note
Purchase Agreements with each of ten institutional purchasers. As a result,
Registrant issued its 6.90% Series A Senior Notes due December 30, 2008 for an
aggregate principal amount of $60,000,000, and its 7.05% Series B Senior Notes
due December 30, 2010 for an aggregate principal amount of $40,000,000. These
transactions were privately arranged. The proceeds from the issuance of
Registrant's Senior Notes will be used by Registrant's affiliated companies as
working capital and to refinance a portion of outstanding short-term
indebtedness under Registrant's existing revolving credit facility.
TIFFANY & CO.
BY: /s/ James N. Fernandez
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James N. Fernandez
Executive Vice President
Date: December 30, 1998 and Chief Financial Officer