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MERCANTILE STORES ANNOUNCES RESULTS OF TENDER OFFER

 MERCANTILE STORES ANNOUNCES RESULTS OF TENDER OFFER
 FAIRFIELD, Ohio, April 27 /PRNewswire/ --Mercantile Stores Company,


Inc. (NYSE: MST) announced today that $43,948,000 of the outstanding $44,000,000 principal amount of its 11.75 percent sinking fund debentures due 2015 (the "11.75 percent debentures") were tendered (including tenders pursuant to guaranteed delivery procedures) pursuant to its tender offer which commenced on April 14. The remaining 11.75 percent debentures (representing $52,000 principal amount) not purchased pursuant to the offer will be redeemed on May 14, 1992, at a price of 108 .225 percent of par plus accrued interest.
 -0- 4/27/92
 /CONTACT: William A. Carr, controller of Mercantile Stores, 513-860-8121/
 (MST) CO: Mercantile Stores Company, Inc. ST: Ohio IN: REA SU: OFR


KD -- NY103 -- 3363 04/27/92 16:30 EDT
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Publication:PR Newswire
Date:Apr 27, 1992
Words:136
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