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TRANSAMERICAN WASTE FILES DEBT OFFERING

 HOUSTON, May 27 /PRNewswire/ -- TransAmerican Waste Industries, Inc. (NASDAQ-NMS: WSTE) announced today that it has filed a $14 million offering with the Securities and Exchange Commission.
 The terms of the proposed offering consist of 10 percent convertible subordinated debentures due 2003. Additionally, the company has granted the underwriters a 45-day overallotment option to purchase up to an additional $2,100,000 of such debentures.
 Proceeds of the offering will be used for general corporate purposes, including the repayment of indebtedness and costs incurred in connection with completed and pending or possible future acquisitions.
 TransAmerican Waste Industries, Inc. is an environmental solutions company involved in the transportation, processing and disposal of nonhazardous solid and industrial waste. Operations also include environmental consulting and engineering and remediation contracting services. The company's common stock is traded on the National Market Systems under the NASDAQ symbol WSTE.
 -0- 5/27/93
 /CONTACT: Tommy Fatjo, vice president of TransAmerican Waste Industries, Inc., 713-956-1212/
 (WSTE)


CO: TransAmerican Waste Industries, Inc. ST: Texas IN: ENV SU: OFR

TS -- NY053 -- 2931 05/27/93 11:58 EDT
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Publication:PR Newswire
Date:May 27, 1993
Words:178
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