UNITED STATES
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
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Date of Report: March 28, 2003
(Date of earliest event reported)
OWENS CORNING
(Exact name of Registrant as specified in its charter)
Delaware 1-3660 34-4323452
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
One Owens Corning Parkway
Toledo, Ohio 43659
(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code: (419) 248-8000
ITEM 5. OTHER ITEMS AND REQUIRED FD DISCLOSURE
As previously reported, on October 5, 2000, Owens Corning and certain
of its United States subsidiaries (collectively, the "Debtors") filed
voluntary petitions with the United States Bankruptcy Court for the District
of Delaware (the "Court") seeking relief under Chapter 11 of the United States
Bankruptcy Code.
Also as previously reported, on January 17, 2003, the Debtors,
together with the Official Committee of Asbestos Claimants and the Legal
Representative for the class of future asbestos claimants (collectively, the
"Proponents"), filed a Joint Plan of Reorganization with the Court.
On March 28, 2003, the Proponents filed an amended Joint Plan of
Reorganization (the "Amended Plan") with the Court. A copy of the Amended Plan
is being filed as Exhibit 2 to this Current Report on Form 8-K and is
incorporated by reference herein.
Also on March 28, 2003, the Proponents filed with the Court a
Disclosure Statement with respect to the Amended Plan (the "Disclosure
Statement"). A copy of the Disclosure Statement is being filed as Exhibit 99
to this Current Report on Form 8-K and is incorporated by reference herein.
The Disclosure Statement has been prepared in accordance with Section 1125 of
the United States Bankruptcy Code and Rule 3016 of the Federal Rules of
Bankruptcy Procedure and not in accordance with federal or state securities
laws or other non-bankruptcy laws or regulations. The Disclosure Statement has
not been approved by the Court and is subject to amendment.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits.
Exhibit
Number Description
- ------ -----------
2 Amended Joint Plan of Reorganization of Owens Corning and Its
Affiliated Debtors and Debtors-in-Possession
99 Disclosure Statement with respect to the Amended Joint Plan
of Reorganization of Owens Corning and Its Affiliated Debtors
and Debtors-in-Possession
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Owens
Corning has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
OWENS CORNING
Date: March 28, 2003 By: /s/Stephen K. Krull
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Name: Stephen K. Krull
Title: Senior Vice President,
General Counsel and
Secretary
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EXHIBIT INDEX
Exhibit
Number Description
- ------ -----------
2 Amended Joint Plan of Reorganization of Owens Corning and
Its Affiliated Debtors and Debtors-in-Possession
99 Disclosure Statement with respect to the Amended Joint
Plan of Reorganization of Owens Corning and Its
Affiliated Debtors and Debtors-in-Possession