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JONES INTERCABLE TO REDEEM 9.75 PERCENT SUBORDINATED DEBENTURES

 JONES INTERCABLE TO REDEEM 9.75 PERCENT SUBORDINATED DEBENTURES
 ENGLEWOOD, Colo., Aug. 3 /PRNewswire/ -- Jones Intercable Inc. (NASDAQ-NMS: JOIN and JOINA) has announced that it will redeem all of the remaining $66,575,000 principal amount of its 9.75 percent subordinated debentures due 1998. The redemption of the debentures will occur on Aug. 24, 1992 for a price of 100 percent of their principal amount, plus accrued interest. The funds to retire the outstanding bonds are from the company's recent offering of $160 million of senior subordinated debentures due 2004.
 Jones Intercable is one of the largest cable television operators in the United States, serving approximately 1.3 million subscribers. It is the world's largest cable television management company, managing cable operations in over 20 states and three countries.
 -0- 8/3/92
 /CONTACT: Kevin Coyle or Nancy Reed Long both of Jones Intercable, 303-792-3111/
 (JOIN) CO: Jones Intercable Inc. ST: Colorado IN: TLS SU:


MC -- DV001 -- 6084 08/03/92 11:13 EDT
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Publication:PR Newswire
Date:Aug 3, 1992
Words:165
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