UNITED STATES
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 1, 2004
Commission File Number 1-14959
BRADY CORPORATION
(Exact name of registrant as specified in its charter)
Wisconsin 39-0971239
(State of Incorporation) (IRS Employer Identification No.)
6555 West Good Hope Road
Milwaukee, Wisconsin 53223
(Address of Principal Executive Offices and Zip Code)
(414) 358-6600
(Registrant's Telephone Number)
Item 5. OTHER EVENTS AND REGULATION FD DISCLOSURE
On July 1, 2004, Brady Corporation announced that it had successfully completed
an offering of $150 million of 5.14 percent senior notes due 2014 in an offering
exempt from the registration requirements of the Securities Act of 1933. The
notes, which will be amortized over 7 years beginning in 2008, were offered and
sold to institutional accredited investors in a private placement. Brady intends
to use the net proceeds of the offering to reduce outstanding indebtedness under
the Company's revolving credit facilities and to fund its ongoing strategic
growth plan including the recent acquisition of EMED Company. Further
information is included in Brady's press release filed as Exhibit 99 to this
report and incorporated herein by reference.
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 hereunto duly authorized.
BRADY CORPORATION
Date: July 2, 2004 /s/ David Mathieson
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David Mathieson
Vice President &
Chief Financial Officer
EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
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99 Press Release of Brady Corporation dated July 1, 2004.