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): May 13, 1999 ------------- ICON Fitness Corporation IHF Holdings, Inc. ICON Health & Fitness, Inc. - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) 333-18475 87-0566936 33-87930-01 87-0531209 Delaware 33-87930 87-0531206 ------------------ ----------------- ------------ (State or Other Jurisdiction (Commission File (IRS Employer of Incorporation) Number) Identification No.) 1500 South 1000 West Logan, Utah 84321 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices)(Zip Code) Registrant's telephone number, including area code 435-750-5000 ------------ Not Applicable - -------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Item 5. Other Events - -------------------- On May 13, 1999, ICON Health & Fitness, Inc. ("ICON") announced that it has reached an agreement in principle with holders of approximately 92% of its 13% Senior Subordinated Notes due 2002 on a plan to significantly deleverage ICON's consolidated balance sheet. The press release is attached hereto as Exhibit 99. Item 7. Financial Statements and Exhibits - ----------------------------------------- (a) Financial Statements of busines acquired None (b) Pro Forma financial information None (c) Exhibits 99.1 Press Release dated May 13, 1999, relating to agreement reached with holders of approximately 92% of 13% Senior Subordinated Notes due 2002 SIGNATURES 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. ICON Fitness Corporation IHF Holdings, Inc. ICON Health & Fitness, Inc. Date: May 27, 1999 By: /s/ S. Fred Beck --------------------------- Name: S. Fred Beck Title: Chief Financial Officer