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RTW ANNOUNCES FILING OF REGISTRATION STATEMENT FOR SALE OF SENIOR NOTES

 MINNEAPOLIS, Nov. 23 /PRNewswire/ -- RTW, Inc. announced today that it has filed a Registration Statement with the Securities and Exchange Commission for the sale of $10,000,000 in Senior Notes due Dec. 15, 1999. The Notes will be sold to the public through an underwriting group headed by Miller & Schroeder Financial, Inc. The company intends to use the proceeds of the Notes for an equity contribution to its American Compensation Insurance Company subsidiary, a workers' compensation insurance company.
 The company expects the offering to occur not sooner than mid- December 1993.
 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 communication 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.
 -0- 11/23/93
 /CONTACT: RTW, Inc., 612-893-0403; or Miller & Schroeder Financial, Inc., 612-376-1354/


CO: RTW, Inc.; Miller & Schroeder Financial, Inc. ST: Minnesota IN: SU:

CP-DB -- MN024 -- 7407 11/23/93 16:34 EST
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Publication:PR Newswire
Date:Nov 23, 1993
Words:222
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