UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 3)
Foamex International Inc.
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(Name of Issuer)
Common Stock, $0.01 Par Value Per Share
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(Title of Class of Securities)
344123997
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(CUSIP Number)
Mr. Robert L. Brooks
Vice-Chairman and Group Treasurer
The Bank of Nova Scotia
44 King Street West
Scotia Plaza, 7th floor
Toronto, Ontario, Canada
M5H 1H1
(416) 866-6163
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
April 20, 2006
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(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g) check the
following box [ ].
SCHEDULE 13D
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CUSIP No. 344123997
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1 NAME OF REPORTING PERSONS
The Bank of Nova Scotia
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
------- ------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
Not Applicable
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
---------------- -------- ------------------------------------------------------
7 SOLE VOTING POWER
NUMBER 350,000
OF -------- ------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH -------- ------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 350,000
-------- ------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
350,000
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.4% (calculated on the basis of 24,509,728 shares of voting common
stock outstanding, as reported on the Issuer's
Form 10-K for the fiscal year ended January 1, 2006).
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14 TYPE OF REPORTING PERSON (See Instructions)
BK
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(Continued on following pages)
Page 2 of 7 Pages
SCHEDULE 13D
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CUSIP No. 344123997
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1 NAME OF REPORTING PERSONS
Calder & Co.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
------- ------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ ]
------- ------------------------------------------------------------------------
3 SEC USE ONLY
------- ------------------------------------------------------------------------
SOURCE OF FUNDS (See Instructions)
4
Not Applicable
------- ------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York, United States
---------------- -------- ------------------------------------------------------
7 SOLE VOTING POWER
NUMBER 0
OF -------- ------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 297,000
EACH -------- ------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 0
-------- ------------------------------------------------------
10 SHARED DISPOSITIVE POWER
297,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
297,000
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.2% (calculated on the basis of 24,509,728 shares of voting common
stock outstanding, as reported on the Issuer's
Form 10-K for the fiscal year ended January 1, 2006).
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14 TYPE OF REPORTING PERSON (See Instructions)
PN
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(Continued on following pages)
Page 3 of 7 Pages
Explanatory Note
This Amendment No. 3 to Schedule 13D ("Amendment No. 3") amends the
Statement on Schedule 13D filed with the Securities and Exchange Commission on
November 8, 2000 (the "Initial Schedule 13D") by The Bank of Nova Scotia (the
"Bank"), as subsequently amended by Amendment No. 1 thereto, filed by the Bank
on February 8, 2005, and Amendment No. 2 thereto, filed by the Bank on February
14, 2005 (together with the Initial Schedule 13D and Amendment No. 1, the
"Schedule 13D"). Unless otherwise defined herein, all capitalized terms shall
have the meanings ascribed to them in the Schedule 13D.
Item 4. Purpose of Transaction.
Item 4 is hereby amended by inserting the following after the last
paragraph thereof:
Effective April 17, 2006, the Bank terminated its written sales plan with
Morgan Stanley & Co. Incorporated.
On April 20, 2006, the Bank entered into a Securities Purchase Agreement
with D.E. Shaw Laminar Portfolios, L.L.C. ("D.E. Shaw"), pursuant to which the
Bank sold to D.E. Shaw 2,494,526 shares of Company Common Stock at a price of
$0.30 per share, and 15,000 shares of Company Preferred Stock at a price of
$30.00 per share, for an aggregate cash purchase price of $1,198,357.80.
On April 20, 2006, the Bank entered into a Securities Purchase Agreement
with Goldman, Sachs & Co. ("Goldman Sachs"), pursuant to which the Bank sold to
Goldman Sachs 2,631,000 shares of Company Common Stock at a price of $0.30 per
share, for an aggregate cash purchase price of $789,300.00.
Item 5. Interest in Securities of the Issuer.
Item 5 is hereby amended and restated as follows:
(a) As of April 20, 2006, the Bank beneficially owned 350,000 shares of
Company Common Stock, 297,000 of which are held in the name of its Nominee. The
total number of shares beneficially owned by the Bank represents in the
aggregate approximately 1.4% of the outstanding shares of Company Common Stock.
The calculation of the foregoing percentage is based on 24,509,728 shares of
Company Common Stock disclosed as outstanding as of March 17, 2006 by the
Company in its annual report on Form 10-K for the fiscal year ended January 1,
2006.
(b) The Bank holds sole power to vote and to dispose of the 350,000 shares
of Company Common Stock described in (a) above.
(c) Except as described in Item 4 above, the Bank has not effected any
transaction in the Company Common Stock during the past 60 days.
Page 4 of 7 Pages
(d) No other person is known to the Bank to have the right to receive or
power to direct dividends from, or proceeds from the sale of, the shares of
Company Common Stock held by the Bank.
(e) The Bank ceased to be a beneficial owner of more than five percent of
the Company Common Stock on April 20, 2006.
As of the date hereof, the Bank beneficially owns no shares of Company
Preferred Stock.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
See the information set forth under "Item 4. Purpose of Transaction" which
is incorporated by reference in response to this Item 6.
Item 7. Material to Be Filed as Exhibits.
The following documents are attached as exhibits hereto:
Exhibit 99.8 - Securities Purchase Agreement between The Bank of Nova Scotia
and D.E. Shaw Laminar Portfolios, L.L.C., dated April 20, 2006.
Exhibit 99.9 - Securities Purchase Agreement between The Bank of Nova Scotia
and Goldman, Sachs & Co., dated April 20, 2006.
Page 5 of 7 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated:
April 20, 2006 THE BANK OF NOVA SCOTIA
By: /s/ Russell Morgan
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Name: Russell Morgan
Title: Managing Director and
Head of Investments,
Group Treasury
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated:
April 20, 2006 CALDER & CO.
By: /s/ Yasmin Prendergast
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Name: Yasmin Prendergast
Title: Partner