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WESTINGHOUSE TO REDEEM $41 MILLION OF CONVERTIBLE SUBORDINATED DEBENTURES

 PITTSBURGH, Oct. 29 /PRNewswire/ -- Westinghouse Electric Corporation (NYSE: WX) announced today that it will redeem the remaining $41 million outstanding of its 9 percent Convertible Subordinated Debentures due Aug. 15, 2009.
 The redemption date for the issue is Nov. 30, 1993.
 The redemption price is 100.9 percent of the principal amount, plus interest accrued from Aug. 15, 1993, to the Nov. 30 redemption date, or $1,035.75 for each $1,000 principal amount of debentures. Interest on the debentures will cease to accrue on the redemption date.
 The debentures are convertible into Westinghouse common stock until the close of business on the redemption date at a conversion price of $15.50 per
share. Debentures may be surrendered for conversion to


Chemical Bank. The debentures are listed on the New York Stock Exchange.
 /delval/
 -0- 10/29/93
 /CONTACT: Jay McCaffrey of Westinghouse, 412-642-3366/
 (WX)


CO: Westinghouse Electric Corporation ST: Pennsylvania IN: SU:

DM -- PG012 -- 8653 10/29/93 15:52 EDT
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Publication:PR Newswire
Date:Oct 29, 1993
Words:163
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