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): June 6, 2000
SpectraSite Holdings, Inc.
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(Exact name of Registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation or organization)
0-27217 56-2027322
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(Commission File Number) (I.R.S. Employer Identification Number)
100 Regency Forest Drive
Suite 400
Cary, North Carolina 27511
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(Address of principal executive offices) (Zip Code)
(919) 468-0112
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(Registrant's telephone number, including area code)
Item 5. Other Events.
On June 6, 2000, SpectraSite's consent solicitation with respect to
changes to the Indenture governing its $225,238,000 aggregate principal amount
at maturity 12% Senior Discount Notes due 2008 (the "12% Notes") expired at 5:00
p.m., New York City time. At the time of expiration, SpectraSite had received
consents from all holders of the 12% Notes. SpectraSite and United States Trust
Company of New York, as trustee, have executed a supplemental indenture giving
effect to the amendments proposed in the consent solicitation, and a copy of
that supplemental indenture is being filed with this report as Exhibit 4.1. In
connection with this consent solicitation, SpectraSite paid an aggregate consent
payment of approximately $3.5 million (representing 2.25% of the accreted value
of the 12% Notes as of May 9, 2000, the record date for the consent
solicitation) to holders of the 12% Notes as of the record date.
On June 13, 2000, SpectraSite's registered exchange offer (the
"Exchange Offer") of (i) $200,000,000 aggregate original principal amount of
SpectraSite's Series B 10 3/4% senior notes due 2010 (the "Exchange Senior
Notes") for $200,000,000 aggregate original principal amount of SpectraSite's 10
3/4% senior notes due 2010 (the "Old Senior Notes"), and (ii) $559,800,000
aggregate original principal amount at maturity of SpectraSite's Series B 12
7/8% senior discount notes due 2010 (the " Exchange Discount Notes" and,
together with the Exchange Senior Notes, the "Exchange Notes") for $559,800,000
aggregate original principal amount at maturity of SpectraSite's 12 7/8% senior
discount notes due 2010 (the "Old Discount Notes" and, together with the Old
Senior Notes, the "Old Notes") expired at 5:00 p.m., New York City time. All of
the Old Notes have been tendered in the Exchange Offer, and the Exchange Notes
have been executed by SpectraSite and authenticated by the trustee.
Item 7. Financial Statements and Exhibits.
(a) Financial statements of businesses acquired.
None.
(b) Pro forma financial information.
None.
(c) Exhibits.
4.1 Second Supplemental Indenture, dated as of
June 6, 2000, between SpectraSite Holdings,
Inc. and United States Trust Company of New
York, as trustee
1
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 hereunto duly authorized.
SPECTRASITE HOLDINGS, INC.
Dated: June 21, 2000 By: /s/ David P. Tomick
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David P. Tomick
Executive Vice President and
Chief Financial Officer