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AERONCA, INC. EXPECTS TO MAKE EXCHANGE OFFER

 AERONCA, INC. EXPECTS TO MAKE EXCHANGE OFFER
 MIDDLETOWN, Ohio, Nov. 13 /PRNewswire/ -- Aeronca, Inc. announced


today that it expects to make an exchange offer to the holders of its 12.5 percent convertible subordinated debentures due Feb. 1, 1993. Aeronca expect to offer a substitute debt instrument to its debenture holders; however the company has not yet determined the precise terms of the debt instrument it will offer. Further information will be made available directly to the debenture holders.
 -0- 11/13/92
 /CONTACT: L. Dale Foster, secretary & treasurer of Aeronca, Inc., 416-365-0565/ CO: Aeronca, Inc. ST: Ohio IN: SU:


SM -- NY040 -- 0680 11/13/92 12:01 EST
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Publication:PR Newswire
Date:Nov 13, 1992
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