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1,600,000 MONACO COACH CORPORATION INITIAL COMMON SHARES OFFERED AT $13.00 PER SHARE

 JUNCTION CITY, Ore., Sept. 23 /PRNewswire/ -- William Blair & Company and Tucker Anthony Incorporated, co-managers of the underwriting group, announced today the initial public offering of 1,600,000 shares of Monaco Coach Corporation common stock at $13.00 per share. All of the shares are being sold by the company. If the over-allotment option is exercised in full, 240,000 additional shares will be sold by a selling stockholder.
 Net proceeds to the company will be used primarily to repay debt incurred to acquire the predecessor company.
 The common stock of Monaco Coach Corporation will trade on the NASDAQ National Market System under the symbol MCCO.
 Headquartered in Junction City, with additional facilities in Elkhart, Ind., Monaco Coach Corporation is the nation's leading manufacturer of "High-Line" motor coaches. The company focuses exclusively on the High-Line segment, manufacturing three motor coaches models: the Dynasty, the Executive and the Signature Series.
 -0- 9/23/93
 /CONTACT: Kay Toolson, chairman, president & CEO of Monaco Coach Corporation, 503-998-1068, or Kelley Drake of William Blair & Company, 312-236-1600/
 (MCCO)


CO: Monaco Coach Corporation ST: Oregon IN: AUT SU: OFR

TM-SM -- NY099 -- 5234 09/23/93 19:54 EDT
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Publication:PR Newswire
Date:Sep 23, 1993
Words:192
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