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IBM CALLS 10 1/4 PERCENT DEBENTURES DUE OCTOBER 1995

 IBM CALLS 10 1/4 PERCENT DEBENTURES DUE OCTOBER 1995
 ARMONK, N.Y., Sept. 4 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it will call on Oct. 15, 1992, all of the $250 million outstanding principal amount of its Oct. 1995 10-1/4 percent bonds, originally issued in October 1985, at a redemption price of 100 percent of the principal amount thereof.
 Payment of the call price for the 10-1/4 percent bonds, together with accrued interest thereon from the last interest payment on April 15, 1992, will be made on or after Oct. 15, 1992.
 Notice of the call and instructions for delivery of the 10-1/4 percent bonds were mailed on Sept. 1, 1992, to all registered holders.
 -0- 9/4/92
 /CONTACT: Rob Wilson of IBM, 914-765-6565/
 (IBM) CO: IBM Corporation ST: New York IN: CPR SU:


PS -- NY059 -- 7092 09/04/92 16:47 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Sep 4, 1992
Words:149
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