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ALLEGHENY LUDLUM FILES REGISTRATION STATEMENT FOR $90 MILLION CONVERTIBLE SUBORDINATED DEBENTURES

 ALLEGHENY LUDLUM FILES REGISTRATION STATEMENT
 FOR $90 MILLION CONVERTIBLE SUBORDINATED DEBENTURES
 PITTSBURGH, March 4 /PRNewswire/ -- Allegheny Ludlum Corporation (NYSE: ALS) today announced that it has filed with the Securities and Exchange Commission a registration statement relating to a proposed offering of $90 million principal amount of convertible subordinated debentures due 2002.
 Allegheny Ludlum will use the proceeds of the offering for general corporate purposes, which may include the funding of working capital, capital spending and reduction of outstanding indebtedness.
 Allegheny Ludlum is a leading producer of a wide range of specialty materials, including stainless steels, electrical steels and other high technology alloys.
 -0- 3/4/92
 /CONTACT: Bert Delano of Allegheny Ludlum, 412-394-2813/
 (ALS) CO: Allegheny Ludlum Corporation ST: Pennsylvania IN: MNG SU:


CD -- PG010 -- 4939 03/04/92 11:53 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 4, 1992
Words:132
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