Washington, D.C. 20549



Form 8-K




Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): May 10, 2019 



(Exact name of registrant as specified in its charter)



Commission File Number: 1-06620

Delaware   11-1893410
(State or other jurisdiction 
of incorporation)
  (IRS Employer 
Identification No.)


712 Fifth Avenue, 18th Floor
New York, New York 10019
(Address of principal executive offices, including zip code)


(212) 957-5000
(Registrant’s telephone number, including area code)


(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


Emerging growth company  o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  o




Item 8.01. Other Events


On May 10, 2019, Griffon Corporation (the “Company”) issued a press release announcing that it has (1) withdrawn its previously announced offering of up to $500 million of senior notes due 2027 in response to market conditions and (2) withdrawn its previously announced conditional tender offer to purchase up to $500 million aggregate principal amount of its 5.25% Senior Notes due 2022. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.


Item 9.01. Financial Statements and Exhibits


  (d) Exhibits.
  99.1 Press Release, dated May 10, 2019.






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.


Date: May 10, 2019 By:  /s/ Seth L. Kaplan
    Seth L. Kaplan
    Senior Vice President, General Counsel and Secretary


Exhibit 99.1




Griffon Corporation Withdraws Offering of Senior Notes and Terminates Tender Offer


NEW YORK, NEW YORK – May 10, 2019 – Griffon Corporation (NYSE: GFF) (“Griffon”) announced today that it withdrew its previously announced offering of up to $500 million of senior notes due 2027 (the “Notes”). The proceeds of that offering were to be used to refinance a portion of Griffon’s current outstanding 5.25% Senior Notes due 2022 (the “2022 Notes”). “This offering was opportunistic and a potentially attractive early refinancing of a portion of our existing senior notes. We decided not to move forward at this time with the pricing offered,” said Ronald J. Kramer, Griffon’s Chief Executive Officer. Because the tender offer for existing 2022 Notes was conditioned on the proposed offering of the Notes, the tender offer has also been withdrawn.


This notice does not constitute an offer to sell the Notes, nor will any such offer be made, or a solicitation for an offer to purchase the Notes or any other securities, in each case in any jurisdiction in which such offer or solicitation would be unlawful. Any offer of the Notes will be made only by means of a private offering memorandum. This notice does not constitute an offer to purchase or redeem any of the 2022 Notes. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.


Forward-Looking Statements


This communication contains forward-looking statements that may state Griffon’s or its management’s intentions, beliefs, expectations or predictions for the future. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, and typically can be identified by the use of words such as “intend,” “will,” “expect,” “estimate,” “anticipate,” “forecast,” “plan,” “believe” and similar terms. Although Griffon believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, risks and uncertainties related to the capital markets generally, whether Griffon will consummate the offering of the Notes, the anticipated use of proceeds, and other factors detailed in filings made by Griffon with the Securities and Exchange Commission. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Griffon does not undertake to update any of these statements in light of new information or future events.


Company Contact:   Investor Relations Contact:
Brian G. Harris   Michael Callahan
Chief Financial Officer   Managing Director
Griffon Corporation   ICR Inc.
(212) 957-5000   (203) 682-8311