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UNITED STATES LEATHER HOLDINGS, INC. POSTPONES PUBLIC OFFERINGS

 UNITED STATES LEATHER HOLDINGS, INC.
 POSTPONES PUBLIC OFFERINGS
 MILWAUKEE, Oct. 16 /PRNewswire/ -- United States Leather Holdings, Inc. of Milwaukee announced today that the offering of $100 million in subordinated notes and 3.1 million shares of common stock had been postponed.
 The deterioration in both the debt market and the equity market over the past few weeks has caused the transaction to become unattractive to the company.
 -0- 10/16/92
 /CONTACT: Tom Riley, manager of public relations of United States Leather Holdings, Inc., 414-291-9212/ CO: United States ST: Wisconsin IN: SU: OFR


BM -- CL011 -- 0972 10/16/92 13:01 EDT
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Publication:PR Newswire
Date:Oct 16, 1992
Words:102
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