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): November 5, 2002
The Stanley Works
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(Exact name of registrant as specified in charter)
Connecticut 1-5244 06-0548860
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
1000 Stanley Drive, New Britain, Connecticut 06053
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (860) 225-5111
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Not Applicable
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(Former name or former address, if changed since last report)
Exhibit Index is located on Page 2
Item 5. Other Events.
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In a Press Release attached to this 8-K as Exhibit 20(i),
the company announced that it had completed an offering of
$350 million in aggregate principal amount of notes.
Item 7. Financial Statements and Exhibits.
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(c) 20(i) Press Release dated November 1, 2002.
SIGNATURE
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.
THE STANLEY WORKS
Date: November 5, 2002 By: /s/ Bruce H. Beatt
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Name: Bruce H. Beatt
Title: Vice President, General
Counsel and Secretary
EXHIBIT INDEX
Current Report on Form 8-K
Dated November 5, 2002
Exhibit No. Page
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20(i) 3
Exhibit 20(i)
FOR IMMEDIATE RELEASE
Stanley Works Completes Offering of $200 Million of 4.90% Notes Due
2012 and $150 Million of 3.50% Notes Due 2007
New Britain, Connecticut, November 1, 2002. The Stanley Works (NYSE:
SWK) announced today that it has completed an offering of $350 million
in aggregate principal amount of notes. The offering was comprised of
$200 million of 4.90% notes due 2012 and $150 million of 3.50% notes
due 2007. The company expects to use a portion of the net proceeds
from this offering to pay the purchase price of the proposed
acquisition of Best Lock Corporation dba Best Access Systems. Any
amounts not used for the Best Lock acquisition will be used for
general corporate purposes.
The notes were offered to qualified institutional buyers under Rule
144A and to persons outside the United States under Regulation S. The
notes were not registered under the Securities Act of 1933, as amended
(the "Securities Act"), and, unless so registered, may not be offered
or sold in the United States except pursuant to an exemption from, or
in a transaction not subject to, the registration requirements of the
Securities Act and applicable state securities laws. This press release
shall not constitute an offer to sell or the solicitation of an offer
to buy, nor shall there be any sale of the notes in any state in which
such offer, solicitation, or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state.
Any statements in this press release that are not historical facts are
forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements are subject to risks and uncertainties that could cause
actual results to differ materially from historical results or those
the company anticipates. The company is under no obligation to (and
expressly disclaims any such obligation to) publicly update or alter
its forward-looking statements made in this press release, whether as
a result of new information, future events or otherwise.