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) July 30, 2002
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Commission File Number 1-4311
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PALL CORPORATION
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(Exact name of registrant as specified in its charter)
New York 11-1541330
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(State or other jurisdiction (I.R.S. Employer
of incorporation) Identification No.)
2200 Northern Boulevard
East Hills, New York 11548
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(Address of principal executive offices) (Zip Code)
516-484-5400
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report)
ITEM 5. Other Events
The following press release of Pall Corporation is being filed pursuant
to Rule 135c(d) under the Securities Act of 1933, as amended.
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PALL CORPORATION NEWS RELEASE
Pall Corporation
2200 Northern Boulevard
East Hills, NY 11548-1289 USA
516.484.5400 phone
516.484.3649 fax
www.pall.com
PALL CORPORATION ANNOUNCES PROPOSED PRIVATE PLACEMENT
East Hills, NY (07/30/2002) -- Pall Corporation (NYSE:PLL) announced today that
it intends to issue approximately $250,000,000 of unsecured senior notes in a
private placement, subject to market and other conditions. All of Pall's active
U.S. subsidiaries will fully and unconditionally guarantee Pall's obligations
under the senior notes on an unsecured and unsubordinated basis.
Pall intends to apply the net proceeds of the offering toward the repayment of
borrowings under a $360 million interim credit facility which was used to
finance Pall's acquisition in April 2002 of the Filtration and Separations Group
from United States Filter Corporation, an indirect wholly-owned subsidiary of
Vivendi Environnement S.A.
The senior notes to be offered in the private placement have not been and will
not be registered under the Securities Act of 1933, as amended, or applicable
state securities laws, and may not be offered or sold in the United States
absent registration under the Securities Act and applicable state securities
laws or an applicable exemption from registration requirements.
Contact:
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John Adamovich, Pall Corporation
516.801.9808
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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.
PALL CORPORATION
By:/s/ John Adamovich, Jr.
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John Adamovich, Jr.
Group Vice President, Treasurer
and Chief Financial Officer
Date: July 30, 2002
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