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SEARS ANNOUNCES SALE OF NOTES/DEBENTURES

 SEARS ANNOUNCES SALE OF NOTES/DEBENTURES
 CHICAGO, Nov. 5 /PRNewswire/ -- Sears, Roebuck and Co. (NYSE: S)


announced that it offered today for sale $350 million of notes due Nov. 1, 1994, $250 million of notes due Nov. 1, 1998, and $300 million of debentures due Nov. 1, 2011, through a group of underwriters led by Dean Witter Reynolds Inc., Goldman, Sachs & Co. and Morgan Stanley & Co. Incorporated. The notes due 1994, which were priced at 99.777 plus accrued interest, will yield 7.083 percent and bear interest at the rate of 7.00 percent payable May 1 and Nov. 1 of each year, commencing May 1, 1992. The notes due 1998, which were priced at par plus accrued interest, will yield 8.45 percent and bear interest at the rate of 8.45 percent payable May 1 and Nov. 1 of each year, commencing May 1, 1992. The debentures due 2011, which were priced at par plus accrued interest, will yield 9.375 percent and bear interest at the rate of 9.375 percent payable May 1 and Nov. 1 of each year, commencing May 1, 1992. The notes and debentures were rated "A2" by Moody's, "A" by Standard & Poor's and "A+" by Duff & Phelps.
 This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sales of these securities in any states in which such offer, solicitation or sales would be unlawful prior to registration or qualification under the securities laws of any such state.
 A copy of the prospectus, when available, may be obtained from Dean Witter Reynolds Inc., 2 World Trade Center, New York, N.Y. 10048; Goldman, Sachs & Co., Prospectus Department, 85 Broad Street, New York, N.Y. 10004; or Morgan Stanley & Co. Incorporated, Prospectus Department, 1251 Avenue of the Americas, New York, N.Y. 10020.
 -0- 11/5/91
 /CONTACT: Gerald E. Buldak of Sears, 312-875-8371/
 (S) CO: Sears, Roebuck and Co. ST: Illinois IN: REA SU: OFR FC -- NY067 -- 1363 11/05/91 15:39 EST
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Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 5, 1991
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