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): November 23, 1999
AMERISERVE FOOD DISTRIBUTION, INC.
(Exact Name of Registrant as Specified in its Charter)
DELAWARE 75-2296149
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
incorporation) Number)
15305 DALLAS PARKWAY
ADDISON, TX 75001
(Address of principal executive offices) (zip code)
(972) 364-2000
----------------------------------------------------------
(Registrant's telephone number, including area code)
ITEM 5. OTHER EVENTS
As previously disclosed in AmeriServe's Quarterly Report on Form
10-Q for the period ended September 25, 1999, AmeriServe expects to increase its
bank-funded revolving credit line by $100 million. AmeriServe has now received a
formal commitment providing for an increase of $100 million in the amount
available under its revolving credit line. The increase is subject to AmeriServe
and the lenders entering into formal documentation and customary closing
conditions, and certain approvals of AmeriServe's existing bank lenders, and is
expected to close within the timeframe previously reported. Following the
increase in the revolving credit line, total availability under the line will be
$225 million.
Separately, several of AmeriServe's larger customers have taken or
committed to take actions to enhance AmeriServe's liquidity.
AmeriServe is also on schedule to complete other transactions and
activities providing current and expected sources of liquidity as outlined in
the Form 10-Q Report.
This report contains certain forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of
the Securities Act of 1933 concerning, among other things, AmeriServe's
financial results, future plans, objectives, expected performance and potential
efficiencies and improvements, as well as customer, supplier and other
relationships. Specifically, statements in this report that are not historical
facts, including statements accompanied by words such as "will," "believe,"
"expect," "anticipate," "estimate," "intend" or "plan" are intended to identify
forward-looking statements and convey the uncertainty of future events or
outcomes. AmeriServe cautions readers that any such forward-looking statements
are based on assumptions that it believes are reasonable, but are subject to a
wide range of risk, and there is no assurance that actual results may not differ
materially from those projected in such forward-looking statements. Readers are
cautioned not to place undue reliance on the forward-looking statements, which
speak only as of the date hereof. AmeriServe undertakes no obligation to update
these forward-looking statements to reflect events or circumstances after the
date hereof or to reflect the occurrence or nonoccurrence of anticipated events.
Certain factors that could cause actual results to differ materially from
projected results include but are not limited to: the ability to realize
anticipated cost efficiencies, the effect of market conditions, the impact of
competitive actions and the integration of acquisitions, among other things.
Additional information as to these and other relevant matters can be found in
AmeriServe's Registration Statement on Form S-4 filed on April 30, 1999, as well
as AmeriServe's annual, periodic and other filings with the Securities and
Exchange Commission, and this report should be
read in conjunction with cautionary statements contained therein.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial statements of businesses acquired.
- Not Applicable
(b) Pro forma financial information.
- Not Applicable
(c) Exhibits.
- None
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 hereunder duly authorized.
AMERISERVE FOOD
DISTRIBUTION, INC.
By: /s/ Kevin J. Rogan
--------------------------
Name: Kevin J. Rogan
Title: Senior Vice President,
General Counsel and Secretary
Date: November 23, 1999