| Ticker: BEI | 101 South Hanley Road, Suite 400 | |
| Exchange: New York Stock Exchange | St. Louis, Missouri 63105 | |
| Industry: Manufacturing | (314) 726-1323 |
| Type of Shares: | Common Shares | Filing Date: | 10/18/95 | |
| U.S. Shares: | 5,200,000 | Offer Date: | 3/1/96 | |
| Non-U.S. Shares: | 1,300,000 | Filing Range: | $18.00 - $21.00 | |
| Primary Shares: | 6,500,000 | Offer Price: | $21.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.33 | |
| Offering Amount: | $126,750,000 | Selling: | $0.80 | |
| Expenses: | $1,500,000 | Reallowance: | $0.10 | |
| Shares Out After: | 19,496,071 | |||
| Spin out parent firm: | HM Parties | |||
| Manager | Tier | Phone |
| Donaldson, Lufkin & Jenrette Securities Corp. | Lead Manager | (212) 504-4525 |
| Merrill Lynch & Co. | Co-manager | (212) 449-4600 |
| Morgan Stanley & Co. Incorporated | Co-manager | (212) 703-4797 |
| Auditor: Arthur Andersen | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 12/31/95 | ||||
| Revenue: | $667.25 | Assets: | $668.34 | ||
| Net Income: | -$5.41 | Liabilities: | $462.86 | ||
| EPS: | -$0.42 | Equity: | $205.48 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a leading global designer, manufacturer and marketer of electronic connectors and cable assembly products for applications used in the computer, telecommunications and industrial markets. The company's connectors are used to conduct signals in a wide range of sophisticated electronic applications including: 1) telecommunications products such as cellular phones, pages and transmission and switching equipment; 2) personal computer equipment and peripherals such as notebook and desktop computers, printers, disk drives and workstations and 3) large data processing equipment such as servers, supercomputers, data communications systems, mainframe computers and minicomputers. The company was formed to acquire the connector systems business of DuPont in March 1993, at which time the company was the seventh largest electronics connector manufacturer in the world, based on published market research. With 16 manufacturing and assembly facilities located in the United States, Mexico, Europe and Asia, the company sells its connector products to over 25,000 customers throughout the world. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to redeem 11.375% Guaranteed Senior Subordinated Debentures due 2003 and Series E Preferred Stock and the repayment of debt. |
©1996 IPO Data Systems, Inc. - All rights reserved.