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SWING-N-SLIDE CORP. FILES INITIAL PUBLIC OFFERING OF 3,200,000 COMMON SHARES WITH SEC

 SWING-N-SLIDE CORP. FILES INITIAL PUBLIC OFFERING
 OF 3,200,000 COMMON SHARES WITH SEC
 JANESVILLE, Wis., July 23 /PRNewswire/ -- Swing-N-Slide Corp. announced today it filed a registration statement with the Securities and Exchange Commission covering a proposed initial public offering of 3,200,00 common shares. Of the total, 2,600,000 shares are being offered by the company and 600,000 by selling shareholders.
 William Blair & Company and Salomon Brothers Inc. will co-manage the underwriting group. The offering is expected in mid-August at an estimated price of $12.00 to $14.00 per share.
 Net proceeds to the company will be used to retire debt.
 Headquartered in Janesville, Swing-N-Slide Corp. is the leading designer, manufacturer and marketer of do-it-yourself, wooden home playground equipment sold through home center, building supply and hardware stores.
 -0- 7/23/92
 /CONTACT: Richard E. Ruegger, chief financial officer of Swing-N- Slide, 608-755-4777, or Mark A Timmerman of William Blair & Company, 312-236-1600/ CO: Swing-N-Slide Corp. ST: Wisconsin IN: HOU SU: OFR


KD-AH -- NY113 -- 2775 07/23/92 17:16 EDT
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Publication:PR Newswire
Date:Jul 23, 1992
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