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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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)
October 12, 1998
AVONDALE FINANCIAL CORP.
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(Exact name of Registrant as specified in its Charter)
DELAWARE 0-24566 36-3895923
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(State or other (Commission File No.) (IRS Employer
jurisdiction of Identification
incorporation) Number)
20 NORTH CLARK STREET, CHICAGO, ILLINOIS 60602
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (312) 782-6200
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N/A
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(Former name or former address, if changed since last report)
Item 5. Other Events
On October 12, 1998 Avondale Financial Corp. ("Avondale") and Coal City
Corporation ("Coal City") entered into an Agreement and Plan of Merger
(including related stock option agreements) which, together with all exhibits
thereto, is included as Exhibit 2 hereto and incorporated by reference herein.
A copy of the joint press release announcing execution of the Agreement and
Plan of Merger is attached hereto as Exhibit 99.1 and incorporated by reference
herein.
A copy of Avondale's press release announcing a loss in the third quarter
of 1998 is attached hereto as Exhibit 99.2 and incorporated by reference herein.
Additional information on Coal City in the form of an offering memorandum
with respect to certain floating rate capital securities is attached hereto as
Exhibit 99.3 and incorporated by reference herein.
Item 7. Financial Statements and Exhibits
(c) Exhibits
2 Agreement and Plan of Merger, dated as of October 12,
1998, by and between Avondale Financial Corp. and Coal
City Corporation.
99.1 Joint Press Release of Avondale and Coal City, dated
October 13, 1998.
99.2 Press Release of Avondale dated October 13, 1998.
99.3 Offering Memorandum with respect to Coal City Capital
Trust I Floating Rate Capital Securities.
2
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.
AVONDALE FINANCIAL CORP.
Date: October 12, 1998 By: /s/ ROBERT S. ENGELMAN, JR.
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Robert S. Engelman, Jr.
President and Chief
Executive Officer
EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
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2 Agreement and Plan of Merger, dated as of October 12,
1998, by and between Avondale Financial Corp.
and Coal City Corporation.
99.1 Joint Press Release of Avondale and Coal City,
dated October 13, 1998.
99.2 Press Release of Avondale dated October 13, 1998.
99.3 Offering Memorandum with respect to Coal City
Capital Trust I Floating Rate Capital Securities.