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 the Report: June 20, 1994 Commission file number 1-5805 CHEMICAL BANKING CORPORATION (Exact name of registrant as specified in its charter) Delaware 13-2624428 (State or other jurisdiction (I.R.S. Employer of incorporation) Identification No.) 270 Park Avenue, New York, New York 10017-2070 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (212) 270-6000
Items 5. Other Events On June 16, 1994, Chemical Bank, National Association announced today that its wholly-owned subsidiary is extending its tender offer for the common stock and preferred stock of Margaretten Financial Corporation until 12:00 midnight, New York City time, on Thursday, June 30, 1994. A copy of the Company's press release dated June 16, 1994 is incorporated herein. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits The following exhibit is filed with this Report: Exhibit Number Description 28A Press Release dated June 16, 1994 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. CHEMICAL BANKING CORPORATION (Registrant) Dated: June 20, 1994 By /s/ John B. Wynne John B. Wynne Secretary EXHIBIT INDEX Exhibit Number Description 28A Press Release dated June 16, 1994
Investor Contacts: John Borden Press Contacts: Judy Walsh (212) 270-7318 (212) 270-2914 Melissa Ciotoli Ken Herz (212) 270-7334 (212) 270-4621 Terry Mangan (212) 270-7331 For Immediate Release Thursday, June 16, 1994 New York, June 16 -- Chemical Bank, National Association announced today that its wholly-owned subsidiary is extending its tender offer for the common stock and preferred stock of Margaretten Financial Corporation until 12:00 midnight, New York City time, on Thursday, June 30, 1994. Chemical, which had earlier announced that it anticipated extending the offer to month-end, said the purpose of the extension was to facilitate accounting for the acquisition. As of 12:00 midnight on June 15, 1994, approximately 13,026,435 shares of common stock and 1,490,224 depositary shares representing the preferred stock of Margaretten Financial Corporation had been tendered and not withdrawn, representing over 97% and 93% of outstanding common shares and depositary shares, respectively. Chemical also announced that the financial condition to be satisfied by Margaretten prior to Chemical's consummation of the offer relating to the amount of Margaretten's adjusted net tangible common equity and the level of its servicing portfolio (set forth in paragraph (h) of section 14 of the Offer to Purchase) has been satisfied for purposes of a June 30 completion of the offer. Chemical currently anticipates that there will be no further extension of the offer beyond 12:00 midnight on June 30,1994, with payment for tendered shares to be made promptly thereafter.