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BETHLEHEM STEEL FILES REGISTRATION FOR 10 MILLION SHARES OF COMMON STOCK

BETHLEHEM STEEL FILES REGISTRATION FOR 10 MILLION SHARES OF COMMON STOCK
 BETHLEHEM, Pa., June 19 /PRNewswire/ -- Bethlehem Steel Corporation (NYSE: BS) announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 10 million shares of common stock.
 The proposed offering will be managed by Salomon Brothers Inc. and J.P. Morgan Securities Inc.
 Bethlehem said it expects to use the net proceeds from the offering primarily to repay bank borrowings under its revolving credit agreements.
 As of June 15, 1992, Bethlehem had 76.6 million shares of common stock outstanding.
 /delval/
 -0- 6/19/92
 /CONTACT: H.H. Von Spreckelsen of Bethlehem Steel, 215-694-3711/
 (BS) CO: Bethlehem Steel Corporation ST: Pennsylvania IN: MNG SU: OFR


LJ-MK -- PH009 -- 1824 06/19/92 10:06 EDT
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Publication:PR Newswire
Date:Jun 19, 1992
Words:135
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