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) May 20, 2003
PLASTIPAK HOLDINGS, INC.
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(Exact name of registrant as specified in its charter)
Delaware 333-73552 38-2418126
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
9135 General Court, Plymouth, Michigan 48170
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (734) 455-3600
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Not Applicable
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(Former name or former address, if changed since last report)
Item 5. Other Events and Required FD Disclosure.
Plastipak Holdings, Inc. is obligated to pay an aggregate $10,000 of
special interest to the holders of $50 million principal amount of its
unregistered 10.75% Senior Notes due 2011 that are the subject of a pending
exchange offer scheduled to expire May 21, 2003. The Senior Notes with respect
to which special interest is payable currently trade under CUSIP No. 727610AA5.
The special interest is payable under the Exchange and Registration Rights
Agreement dated September 25, 2002 by and between Plastipak, the guarantors of
the Senior Notes and Goldman Sachs & Co. because the registration statement on
Form S-4 for Plastipak's pending exchange offer for these Senior Notes was not
declared effective by the Securities and Exchange Commission until four (4)
weeks following the Effectiveness Target Date (as defined in the Exchange and
Registration Rights Agreement).
Plastipak has declared a special record date of May 21, 2003 for the
payment of special interest to its Senior Note holders trading under CUSIP No.
727610AA5 in order to satisfy its obligations to pay special interest under
Exchange and Registration Rights Agreement. Plastipak will pay the special
interest on June 6, 2003.
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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 thereunto duly authorized.
Plastipak Holdings, Inc.
Dated: May 20, 2003 By: /s/ Michael J. Plotzke
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Michael J. Plotzke
Treasurer and Chief Financial
Officer
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