ContiFinancial announces $300 million debt offering.NEW YORK--(BUSINESS WIRE)--July 8, 1996--ContiFinancial Corporation (NYSE NYSE See: New York Stock Exchange :CFN CFN Center for Functional Nanomaterials CFN Companhia Ferroviaria do Nordeste (Brazil) CFN Commercial Fueling Network CFN Conselho Federal de Nutricionistas (Brazil) ) announced it has filed a Registration Statement with the Securities and Exchange Commission today relating to a proposed public debt offering of $300 million of senior notes. The offering will be managed by an underwriting group led by Bear, Stearns & Co., Inc., CS First Boston and UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System Securities. ContiFinancial is a consumer and commercial finance company with headquarters in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . The Company is a major originator and servicer of home equity loans in the U.S. In addition, it provides financing, securitization, and bond placement services to originators of a broad range of loans, leases and receivables, including adjustable rate mortgages, sub-prime auto loans, home improvement loans, equipment leases and multifamily and other commercial mortgage loans. A Registration Statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. CONTACT: ContiFinancial Corp., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Jerry Perelson, 212/207-5402 or Edelman PR, New York Joseph Kist kist n. Variant of cist2. kist Noun Scot & S African a large wooden chest Kist a chest of money, hence, a store or cache of money, 1619. , 212/704-8239 |
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