Printer Friendly

$225 MILLION OF RJR NABISCO RESET DEBENTURES TO MATURE ON MAY 15, 1992

 $225 MILLION OF RJR NABISCO RESET
 DEBENTURES TO MATURE ON MAY 15, 1992
 NEW YORK, April 16 /PRNewswire/ -- RJR Nabisco Holdings Corp. today announced that its subsidiary, RJR Nabisco Capital Corp., has given notice that all of its subordinated extendible reset debentures will mature on May 15.
 Under the terms of the debentures, the company had the option to extend the maturity for one or more one-year periods beyond the original maturity date.
 RJR Nabisco said all of the outstanding debentures will mature at a price equal to 101 percent of the principal amount of each debenture. The company said it intends to deposit funds to pay the aggregate maturity price for all debentures in trust with the U.S. Trust Company of California, N.A., as paying agent. Interest due May 15 will be paid in the usual manner.
 There is $225 million principal amount of extendible reset debentures outstanding. The debentures have a 13-1/8 percent interest rate.
 RJR Nabisco Holdings Corp. is the indirect parent of RJR Nabisco, Inc., an international consumer products company. RJR Nabisco's major operating units are R.J. Reynolds Tobacco Co., R.J. Reynolds Tobacco International, Inc., and the Nabisco Foods Group.
 -0- 4/16/92
 /CONTACT: Jason Wright of RJR Nabisco Holdings Corp., 212-258-5770/ CO: RJR Nabisco Holdings Corporation ST: New York IN: REA SU:


BR-EA -- AT012 -- 9279 04/16/92 12:02 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 16, 1992
Words:232
Previous Article:TIPPERARY CORPORATION OF DENVER TRADES UP FROM NASDAQ TO THE AMERICAN STOCK EXCHANGE
Next Article:ARTHUR J. GALLAGHER & CO. ANNOUNCES FIRST QUARTER RESULTS


Related Articles
RJR NABISCO PURCHASES $1 BILLION OF HIGH-COST DEBENTURES IN PRIVATE TRANSACTION
RJR NABISCO TO PAY CASH INTEREST ON 15 PERCENT SUBORDINATED DEBENTURES
RJR NABISCO REPORTS SECOND QUARTER RESULTS
RJR NABISCO REPORTS SECOND QUARTER RESULTS
RJR NABISCO SUBSIDIARIES TO REDEEM $59 MILLION OF DEBENTURES
RJR NABISCO REPORTS THIRD QUARTER RESULTS
RJR NABISCO TO REDEEM 17-3/8 PERCENT DEBENTURES OF 2009
RJR NABISCO TO PAY CASH INTEREST ON 15 PERCENT SUBORDINATED DEBENTURES
RJR NABISCO TO PAY CASH INTEREST ON 15 PERCENT SUBORDINATED DEBENTURES
RJR NABISCO SAYS IT INTENDS TO REDEEM SUBORDINATED DEBT

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters