1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Act of 1934
Date of Report (Date of Earliest Event Reported): June 1, 1995
DIAMOND SHAMROCK, INC.
9830 Colonnade Boulevard
San Antonio, Texas 78230
(210) 641-6800
Delaware 1-9409 74-2456753
(State of (Commission (IRS Employer
incorporation) File Number) Identification No.)
2
Item 5. Other Events
On June 1, 1995, Diamond Shamrock, Inc. (the "Company") entered into a
Pricing Agreement with NatWest Capital Markets Limited pursuant to which the
Company intends to issue $25,000,000 of its 7-1/4% Debentures due June 15, 2010
(the "Debentures") in connection with an underwritten public offering of such
Debentures. The net proceeds from the sale of the Debentures will be added to
the Company's funds and used for general corporate purposes, which may include
amounts necessary to fund anticipated capital spending in 1995. Pending such
use, it is anticipated that such net proceeds will be used to repay outstanding
short-term borrowings under bank money market facilities.
Item 7. Financial Statements, Pro-Forma Financial Information and Exhibits.
(c) Exhibits:
1.1 Pricing Agreement, dated June 1, 1995, between
Diamond Shamrock, Inc. and NatWest Capital Markets
Limited.
1.2 Underwriting Agreement Standard Provisions
incorporated by reference into the Pricing Agreement
described in Exhibit 1.1 (filed as Exhibit 1.5 to the
Registration Statement, File No. 33-58744 and
incorporated herein by reference).
4.1 Form of 7-1/4% Debenture due June 15, 2010.
12.1 Computation of ratio of earnings to fixed charges for
the three month periods ended March 31, 1995 and 1994
and each of the five years ended December 31, 1994
(filed as Exhibit 12.1 to the Registration Statement,
File No. 33-59451 and incorporated herein by
reference).
3
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
DIAMOND SHAMROCK, INC.
By: Robert C. Becker
----------------------------
Robert C. Becker,
Vice President and Treasurer
Date: June 2, 1995
4
EXHIBIT INDEX
Exhibit
Number Description Page
------ ----------- ----
1.1 Pricing Agreement, dated June 1, 1995 between Diamond Shamrock, Inc.
and NatWest Capital Markets Limited.
1.2 Underwriting Agreement Standard Provisions incorporated by reference
into the Pricing Agreement described in Exhibit 1.1 (Filed as Exhibit
1.5 to the Registration Statement, File No. 33-58744 and incorporated
herein by reference).
4.1 Form of 7-1/4% Debenture due June 15, 2010.
12.1 Computation of ratio of earnings to fixed charges for the three month
periods ended March 31, 1995 and 1994 and each of the five years ended
December 31, 1994 (filed as Exhibit 12.1 to the Registration
Statement, File No. 33-59451 and incorporated herein by reference).