AT&T Capital Announces Plans To File Registration Statement.

MORRISTOWN Morristown.

1 Town (1990 pop. 16,189), seat of Morris co., N N.J., on the Whippany River; settled c.1710, inc. 1865. Although chiefly residential, it has diverse manufactures, including electronic products, health and beauty aids, auto parts, and , N.J.--(BUSINESS WIRE)--April 30, 1996--AT&T Capital Corporation (NYSE-TCC) today announced that AT&T Corp. (AT&T), the company's 86-percent stockholder, has delivered a letter to it requesting it to effect the registration of 30,879,656 shares of the company's common stock for sale by AT&T, as selling stockholder.

After the consummation CONSUMMATION. The completion of a thing; as the consummation of marriage; (q.v.) the consummation of a contract, and the like.
2. A contract is said to be consummated, when everything to be done in relation to it, has been accomplished. of any such offering, AT&T would own 9,370,344 shares of the company's common stock, which represents approximately 20 percent of AT&T Capital's currently outstanding common stock.

AT&T Capital said that AT&T's request was made under terms of a Registration Rights Agreement that the company entered into with AT&T in June June: see month. 1993. AT&T said in its letter that it "wishes to complete the offering as soon as possible." The company expects that it will be in a position to file a registration statement with the SEC by the end of May. The timing of any filing or offering would be subject to market conditions. AT&T also noted that it would be appropriate for AT&T Capital to continue to explore private sale alternatives.

Any offering of AT&T Capital's common stock would be made only by means of a prospectus.

AT&T Capital Corporation is a diversified diversified (di·verˑ·s equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits

Control secondary market, offer the ability to up-grade and trade-in.
Converts cash buyers of small machines to larger, more expensive purchases.

and finance company based in Morristown, New Jersey Morristown is a town in Morris County, New Jersey, United States. As of the United States 2000 Census, the town population was 18,544. Its estimated population in 2004 was 18,842. It is the county seat of Morris County^GR6. .

CONTACT: David P. Caouette At AT&T

(201) 397-8724 (office) Eileen Connolly

(201) 435-3493 (home) (908) 221-6731

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Publication:	Business Wire
Date:	Apr 30, 1996
Words:	239
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