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BANKERS TRUST NEW YORK CORPORATION AMENDS EXCHANGE OFFER

 BANKERS TRUST NEW YORK CORPORATION AMENDS EXCHANGE OFFER
 NEW YORK, Oct. 19 /PRNewswire/ -- Bankers Trust New York Corporation


(NYSE: BT) announced today that it has amended its offer to exchange shares of its Fixed/Adjustable Rate Preferred Stock Series D for Depositary Shares, each representing a one-half interest in a share of its Fixed/Adjustable Rate Preferred Stock Series J, by reducing the minimum number of shares of Series D Preferred Stock that, as a condition to the exchange offer, must be validly tendered and not withdrawn prior to the expiration date, from 1,500,000 to 800,000, and extending the expiration date of the exchange offer, which had previously been scheduled to expire at 12:00 Midnight, New York City time on October 16, 1992, to 7:00 P.M. New York City time on October 26, 1992. As of 12:00 Midnight New York City time on October 16, 1992, 1,048,483 Shares of Series D Preferred Stock had been tendered in accordance with the exchange offer.
 -0- 10/19/92
 /CONTACT: Kenneth A. Brause of Bankers Trust, 212-454-1120/
 (BT) CO: Bankers Trust New York Corporation ST: New York IN: FIN SU: OFR


SB -- NY018 -- 1379 10/19/92 08:59 EDT
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Publication:PR Newswire
Date:Oct 19, 1992
Words:206
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