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YORK INTERNATIONAL ANNOUNCES OFFERING PRICE OF $31-3/4

 YORK INTERNATIONAL ANNOUNCES OFFERING PRICE OF $31-3/4
 YORK, Pa., March 26 /PRNewswire/ -- York International Corporation (NYSE: YRK) today announced that it had completed its underwritten public offering of 18,800,000 shares of Common Stock, of which 4,040,414 shares were sold by the Company and 14,759,586 shares were sold by selling stockholders. The offering price was $31-3/4 per share. The number of shares offered was reduced from the originally announced 19,600,000 share transaction after one of the selling shareholders decided to retain approximately 800,000 shares in its portfolio. An additional 1,000,000 shares to be sold by the Company remain subject to the underwriters over allotment option. The offering was managed by The First Boston Corporation and Prudential Securities Incorporated.
 York International Corporation is a full-line, global manufacturer of heating, ventilating, air conditioning and refrigeration products. York is the third-largest HVAC&R manufacturer in the United States and a leading competitor in the industry internationally. The Company's products are sold in more than 100 countries and York has 11,500 employees worldwide.
 -0- 3/26/92
 /CONTACT: Dean T. DuCray of York International, 717-771-7461/
 (YRK) CO: York International Corporation ST: Pennsylvania IN: SU: OFR


TS -- NY026 -- 1829 03/26/92 09:09 EST
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Publication:PR Newswire
Date:Mar 26, 1992
Words:213
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