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BELL SPORTS CORP. OFFERS $75 MILLION OF 4 1/4 PERCENT CONVERTIBLE SUBORDINATED DEBENTURES DUE 2000

 SAN FRANCISCO, Nov. 9 /PRNewswire/ -- Montgomery Securities and William Blair & Company announced today the public offering of $75 million of Bell Sports Corp. (NASDAQ: BSPT) 4 1/4 percent convertible subordinated debentures priced at 100 percent. Maturing Nov. 15, 2000, the debentures are convertible into common stock at any time prior to maturity at a conversion price of $54.06 per share. Interest on the debentures accrues commencing on the date of delivery and is payable semi-annually. The debentures are redeemable at any time on or after Nov. 15, 1996, at specified redemption prices. The debentures have been approved for quotation on NASDAQ under the trading symbol BSPTG.
 The net proceeds of the offering will be available to fund possible future acquisitions and for other general corporate purposes, including working capital and capital expenditures.
 Headquartered in Rantoul, Ill., Bell Sports Corp. is a leading manufacturer and marketer of bicycle helmets and accessories as well as auto-racing helmets.
 This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 A prospectus relating to these securities may be obtained from Montgomery Securities, 600 Montgomery St., San Francisco, CA 94111, Attn: Syndicate Department, and William Blair & Company, 135 S. LaSalle St., Chicago, IL. 60603, Attn: Information Services Department.
 -0- 11/9/93
 /CONTACT: Howard A. Kosick, chief financial officer of Bell Sports Corp., 217-893-9300/
 (BSPT)


CO: Bell Sports Corp. ST: Illinois IN: SU: OFR

JG -- DE013 -- 3630 11/09/93 11:21 EST
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Publication:PR Newswire
Date:Nov 9, 1993
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