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TELCO CAPITAL EXTENDS TENDER OFFER FOR DEBENTURES

 TELCO CAPITAL EXTENDS TENDER OFFER FOR DEBENTURES
 CHICAGO, April 20 /PRNewswire/ -- As required by the indenture


relating to the subject debentures, Telco Capital Corporation's annual report on Form 10K for the year ended Dec. 31, 1991, as filed with the Securities and Exchange Commission, has been forwarded to all debenture holders.
 In light of the closing of financial institutions in observance of religious holidays, Telco Capital Corporation ("Telco") is extending the tender offer for the subject debentures for five business days. The offer and the proration period will now expire at midnight, Chicago time, Friday, April 24, 1992, unless further extended. No other changes are being made in the offer.
 As of this date, debentures aggregating $1,264,000 have been tendered pursuant to the offer, including $221,000 tendered by affiliates of Telco. Telco is attempting to obtain financing to enable it to repurchase all of the tendered debentures, but as yet it has been unable to do so.
 -0- 4/20/92
 /CONTACT: Gerald Tierney of Telco Capital Corp., 312-751-2990/ CO: Telco Capital Corp. ST: Illinois IN: SU:


JJ -- FL009 -- 9874 04/20/92 09:03 EDT
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Publication:PR Newswire
Date:Apr 20, 1992
Words:189
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