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SHAWMUT NATIONAL TO POSTPONE SUBORDINATED DEBT ISSUE TO PURSUE POTENTIAL IN-MARKET ACQUISITION

 HARTFORD, Conn. and BOSTON, Dec. 22 /PRNewswire/ -- Shawmut National Corporation (NYSE: SNC) announced today that it is postponing the closing of its $150 million subordinated debt issue until next week in order to permit the company to consider pursuing a potential in- market acquisition opportunity.
 -0- 12/22/92
 /CONTACT: Robert L. Guenther, 203-240-1267, Brent S. Di Giorgio, 203-240-7632, both of Shawmut National Corporation/
 (SNC)


CO: Shawmut National Corporation ST: Connecticut IN: FIN SU:

CH -- NE011 -- 9225 12/22/92 15:19 EST
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Publication:PR Newswire
Date:Dec 22, 1992
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