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
December 16, 1997
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Date of Report
(Date of earliest event reported)
CHAMPION INTERNATIONAL CORPORATION
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(Exact name of registrant as specified in its charter)
NEW YORK
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(State or other jurisdiction of incorporation)
1-3053 13-1427390
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(Commission File Number) (IRS Employer Identification No.)
One Champion Plaza, Stamford, Connecticut 06921
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(Address of principal executive offices) (Zip Code)
(203) 358-7000
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(Registrant's telephone number, including area code)
Page 1 of 3 pages
ITEM 5. Other Events
Recent Financing
On December 19, 1997, the Registrant completed the sale of $100,000,000
aggregate principal amount of its 6.65% Notes due December 15, 2037 (the
"Notes") and $100,000,000 aggregate principal amount of its 7.15% Debentures due
December 15, 2027 (the "Debentures"). Net proceeds of approximately $198,350,000
will be applied to the payment at maturity of the Company's commercial paper,
other short-term obligations and a portion of the 9.80% Notes due February 1,
1998.
The Notes and the Debentures were issued under an Indenture dated as of
May 1, 1992 between the Registrant and The Chase Manhattan Bank, as trustee.
EXHIBITS
1.1 Pricing Agreement, dated December 16, 1997, among the Registrant
and Goldman, Sachs & Co. and Salomon Brothers Inc, the
Underwriters named in Schedule I thereto, relating to the offer
and sale of the Registrant's 6.65% Notes due December 15, 2037
and 7.15% Debentures due December 15, 2027
4.1 Form of Note for the Registrant's 6.65% Notes due December 15,
2037
4.2 Form of Debenture for the Registrant's 7.15% Debentures due
December 15, 2027
12 Statement re computation of ratios of earnings to fixed charges
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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.
CHAMPION INTERNATIONAL CORPORATION
By: /s/ Lawrence A. Fox
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Lawrence A. Fox
Vice President and Secretary
Dated: December 19, 1997
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