1 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): March 13, 2000 KEY PLASTICS L.L.C. (Exact name of Registrant as specified in its charter) Michigan 333-26729 35-1997449 (State or other jurisdiction (Commission File (IRS Employer of incorporation) Number) Identification No.) 21333 Haggerty Road Suite 200 Novi, Michigan 48375 (Address of principal executive offices) Registrant's telephone number, including area code: (248) 449-6100 N/A (Former Name or Former Address, if Changed Since Last Report) 2 Item 5. OTHER EVENTS. On March 13, 2000, Key Plastics L.L.C. (the "Registrant") issued a press release announcing that it believed it would miss the coupon payment due March 15, 2000, on its 10 1/4% senior subordinated notes due 2007, due to liquidity problems. The Registrant also announced in the press release that it had received a seven day waiver of default from its lenders in order to continue its dialogue with the lenders to reach a long term resolution to its liquidity problems and that it had hired Peter J. Solomon Company as its investment banker. The press release is attached hereto as Exhibits 99.1, and incorporated herein by reference. ITEM 7: FINANCIAL STATEMENTS AND EXHIBITS Exhibit 99.1 Press Release, dated March 13, 2000 3 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 thereunto duly authorized. KEY PLASTICS L.L.C. /s/Larry D. Schwentor ---------------------------- Larry D. Schwentor Senior Vice President Finance & Administration/Chief Financial Officer Dated: March 15, 2000 4 Exhibit Index ------------- Exhibit No. Description - ----------- ----------- 99.1 Press Release, dated March 13, 2000