UNITED STATES
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): December 15, 1995
HERSHEY FOODS CORPORATION
(Exact Name of registrant as specified in its charter)
Delaware I-183 23-0691590
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation) Identification No.)
100 Crystal A Drive, Hershey, Pennsylvania 17033
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (717) 534-6799
Item 5. Other Events
On December 15, 1995, Hershey Foods Corporation (the "Corporation")
entered into a 364-Day Credit Agreement (the "364-Day Credit Agreement") and a
Five-Year Credit Agreement (the "Five-Year Credit Agreement," and together with
the 364-Day Credit Agreement, the "Agreements"), each dated as of December 15,
1995, with the banks, financial institutions and other institutional lenders
listed on the respective signature pages thereof, Citibank, N.A. ("Citibank"),
as administrative agent for the Lenders (as defined therein), and BA
Securities, Inc. ("BA Securities") and Citicorp Securities, Inc. ("Citicorp
Securities"), as co-syndication agents.
The Agreements establish two credit facilities under which the
Corporation may borrow up to $600 Million, with options to increase borrowings
under the 364-Day Credit Agreement by an additional $250 Million and to
increase borrowings under the Five-Year Credit Agreement by an additional $750
Million.
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits
Exhibits
10.1 364-Day Credit Agreement, dated as of December 15, 1995, among
the Corporation, the banks, financial institutions and other
institutional lenders listed on the respective signature pages
thereof, Citibank, as administrative agent for the Lenders,
and BA Securities and Citicorp Securities, as co-syndication
agents.
10.2 Five-Year Credit Agreement, dated as of December 15, 1995,
among the Corporation, the banks, financial institutions and
other institutional lenders listed on the respective signature
pages thereof, Citibank, as administrative agent for the
Lenders, and BA Securities and Citibank Securities, as co-
syndication agents.
SIGNATURES
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.
HERSHEY FOODS CORPORATION
(Registrant)
By: /s/ William F. Christ
Name: William F. Christ
Title: Senior Vice President
and Chief Financial Officer
Date: January 29, 1996
INDEX TO EXHIBITS
Exhibit
Number Exhibit
10.1 364-Day Credit Agreement, dated as of December 15, 1995 among the
Corporation, the banks, financial institutions and other
institutional lenders listed on the respective signature pages
thereof, Citibank, as administrative agent for the Lenders, and BA
Securities and Citicorp Securities, as co-syndication agents.
10.2 Five-Year Credit Agreement, dated as of December 15, 1995, among
the Corporation, the banks, financial institutions and other
institutional lenders listed on the respective signature pages
thereof, Citibank, as administrative agent for the Lenders, and
BA Securities and Citibank Securities, as co-syndication agents.