SECURITIES AND EXCHANGE COMMISSION Washington, DC 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): June 7, 2000 GLOBE HOLDINGS, INC. GLOBE MANUFACTURING CORP. (Exact name of registrant as specified in its charter) Massachusetts 333-64669 04-2017769 Alabama 333-64675 63-1101362 - ---------------------------- ------------------------ --------------------------------- (State or other jurisdiction (Commission File Number) (IRS Employer Identification No.) of incorporation) 456 Bedford Street, Fall River, Massachusetts 02720 456 Bedford Street, Fall River, Massachusetts 02720 - --------------------------------------------- ------------ (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (508) 674-3585 (508) 674-3585 ---------------- This Instrument contains 3 pages. Item 5. Other Events Effective May 31, 2000, the Forbearance Agreement dated April 12, 2000 among Globe Holdings, Inc., Globe Manufacturing Corp. (together, the "Company"), Bank of America, N.A. as Administrative Agent and the lenders named therein (the "Forbearance Agreement") was amended to extend the forbearance period to July 31, 2000. The Forbearance Agreement previously expired on May 31, 2000. Pursuant to the Forbearance Agreement, the Company's senior lenders have agreed not to exercise their right to call the Company's senior debt during the forbearance period. The Company has retained Rothchilds, Inc. as its restructuring advisor and continues to explore ways to restructure its outstanding debt. 2 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. GLOBE HOLDINGS, INC. Dated: June 7, 2000 By: /s/ Kevin T. Cardullo --------------------------- Assistant Vice President, Finance and Accounting GLOBE MANUFACTURING CORP. Dated: June 7, 2000 By: /s/ Kevin T. Cardullo --------------------------- Assistant Vice President, Finance and Accounting 3