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TEXACO INC. ANNOUNCES EARLY REDEMPTION OF 5-3/4 PERCENT DEBENTURES DUE 1997

 WHITE PLAINS, N.Y., March 15 /PRNewswire/ -- Texaco Inc. (NYSE: TX) today announced that it will call its 5-3/4 percent debentures due July 15, 1997. All $71 million of the aggregate principal amount outstanding will be redeemed on April 15, 1993. The principal amount of the debentures issued was $200 million.
 The debentures are to be redeemed at a redemption price of 100 percent of their principal amount, plus accrued interest to the redemption date. Interest will cease to accrue on the debentures on and after the redemption date. Interest payable on April 15, 1993, will be paid with the redemption price and will be mailed to holders only upon surrender of their debentures to the office of the Paying Agent, Chemical Bank, which will notify holders of the call.
 -0- 3/15/93
 /CONTACT: Jim Swords of Texaco, 914-253-4103/
 (TX)


CO: Texaco Inc. ST: New York IN: OIL SU:

CK -- NY099 -- 6283 03/15/93 17:56 EST
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Publication:PR Newswire
Date:Mar 15, 1993
Words:160
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