UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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): October 27, 2006

 

KEMET Corporation

(Exact name of registrant as specified in its charter)

Delaware

0-20289

57-0923789

(State or other jurisdiction)

(Commission File Number)

(IRS Employer Identification No.)

 

 

 

2835 KEMET Way, Simpsonville, SC

29681

(Address of principal executive offices)

(Zip Code)

 

Registrants telephone number, including area code: (864) 963-6300

 

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 CRS 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 240.13a-4c))

 

 



Item 2.03 Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant

On October 27, 2006, KEMET Corporation issued a Press Release announcing that it priced its previously announced convertible senior notes offering. The notes will pay interest at a rate of 2.25%. The principal amount of the notes will be at an initial price of $9.70 per share.

A copy of this Press Release is furnished as Exhibit 99.1 to this Form 8-K.

Item 9.01 Financial Statements and Exhibits

(a)           Not applicable

(b)          Not applicable

(c)           Not applicable

(d)          Exhibits

99.1                           Press Release, dated October 27, 2006 issued by the Company

Signature

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: October 27, 2006

KEMET Corporation

 

 

 

/s/ David E. Gable

 

David E. Gable

 

Senior Vice President and Chief Financial Officer

 

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