Washington D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
April 28, 1995
(Date of Report)
(Date of Earliest Event Reported)
JOHN WILEY & SONS, INC.
(Exact name of registrant as specified in its charter)
New York
(State or Jurisdiction of incorporation)
0-2538 13-5593032
Commission File Number IRS Employer Identification
Number
605 Third Avenue, New York, 10158-0012
NY
Address of principal Zip Code
executive offices
Registrant's telephone number, (212) 850-6000
including area code:
This is the first page of a two page document.
Item 5: Other Events
On April 28, 1995, the Company prepaid the remaining balance of
its 10.31% Notes in the amount of $26 million, representing all
of its long-term debt. Although incurring prepayment fees, the
Company will benefit by eliminating the negative interest rate
spread between the higher interest rate on the debt retired
compared with the current interest rates being earned on short-
term investments by the Company.
In addition, the Company recently entered into a new revolving
credit agreement, increasing its line of credit from $30 to $50
million under more favorable terms, expiring on March 30, 2000.
Signature
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.
John Wiley & Sons, Inc.
/S/ Robert D. Wilder
Robert D. Wilder
Senior Vice President and
Chief Financial Officer
Date: May 4, 1995