SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Date of Report (date of earliest event reported): December 15, 1994
VIACOM INTERNATIONAL INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-9554 04-2980402
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
1515 Broadway, New York, New York 10036
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 258-6000
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Item 5. Other Events
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On December 14, 1994, the Boards of Directors of Viacom Inc., Viacom
International Inc. and Paramount Communications Inc. each unanimously approved
the institution of guarantees whereby each company will guarantee all of the
outstanding indebtedness of each other. The guarantees we xecuted on December
15, 1994.
Copies of the guarantees are attached as exhibits hereto and are
incorporated by reference herein.
Item 7. Financial Statements and Exhibits
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(c) Exhibits.
99.1 Guarantee dated as of December 15, 1994
made by Viacom International Inc. in
favor of the holders of the 7-1/2%
Senior Notes of Paramount Communications
Inc. ("Paramount"), the 8-1/4% Senior
Debentures of Paramount, the 7-1/2%
Senior Debentures of Paramount and the
5-7/8% Senior Notes of Paramount
99.2 Guarantee dated as of December 15, 1994
made by Viacom International Inc. in
favor of Massachusetts Mutual Life
Insurance Company as holder of the 8.30%
Senior ESOP Note of Paramount
Communications Inc.
99.3 Guarantee dated as of December 15, 1994
made by Viacom International Inc. in
favor of the holders of the 6-5/8%
Senior Notes of Viacom Inc.
99.4 Guarantee dated as of December 15, 1994
made by Viacom International Inc. in
favor of the holders of the 7%
Subordinated Debentures, Series A, of
Paramount Communications Inc.
99.5 Guarantee dated as of December 15, 1994
made by Viacom International Inc. in
favor of the holders of the 7%
Subordinated Debentures, Series B, of
Paramount Communications Inc.
99.6 Guarantee dated as of December 15, 1994
made by Viacom International Inc. in
favor of the holders of the 8%
Exchangeable Subordinated Debentures of
Viacom Inc.
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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.
VIACOM INTERNATIONAL INC.
Date: December 15, 1994 By: /s/ Michael D. Fricklas
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Name: Michael D. Fricklas
Title: Senior Vice President,
Deputy General Counsel
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EXHIBIT INDEX
Exhibit No. Description
99.1 Guarantee dated as of December 15, 1994
made by Viacom International Inc. in
favor of the holders of the 7-1/2%
Senior Notes of Paramount Communications
Inc., the 8-1/4% Senior Debentures of
Paramount, the 7-1/2% Senior Debentures
of Paramount and the 5-7/8% Senior Notes
of Paramount
99.2 Guarantee dated as of December 15, 1994
made by Viacom International Inc. in
favor of Massachusetts Mutual Life
Insurance Company as holder of the 8.30%
Senior ESOP Note of Paramount
Communications Inc.
99.3 Guarantee dated as of December 15, 1994
made by Viacom International Inc. in
favor of the holders of the 6-5/8%
Senior Notes of Viacom Inc.
99.4 Guarantee dated as of December 15, 1994
made by Viacom International Inc. in
favor of the holders of the 7%
Subordinated Debentures, Series A, of
Paramount Communications Inc.
99.5 Guarantee dated as of December 15, 1994
made by Viacom International Inc. in
favor of the holders of the 7%
Subordinated Debentures, Series B, of
Paramount Communications Inc.
99.6 Guarantee dated as of December 15, 1994
made by Viacom International Inc. in
favor of the holders of the 8%
Exchangeable Subordinated Debentures of
Viacom Inc.
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