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BURLINGTON CONSENT SOLICITATIONS EXPIRE

 BURLINGTON CONSENT SOLICITATIONS EXPIRE
 GREENSBORO, N.C., Feb. 27 /PRNewswire/ -- Burlington Industries


Equity Inc. announced today that the consent solicitations for the outstanding 13.875 percent Series B Senior Subordinated Notes Due 1996, 14.25 percent Subordinated Debentures Due 1999 and Series B Junior Subordinated Discount Debentures Due 2003 of Burlington Holdings Inc. and for the outstanding 16.875 percent Senior Discount Debentures Due 2004 of Burlington Industries Capital Inc. have expired.
 The company also said that Holdings and Capital have entered into supplemental indentures with the trustees of each series of debt securities as contemplated by the consent solicitations.
 As previously announced, the tender offers to purchase all the outstanding 13.875 percent Series B Senior Subordinated Notes, 14.25 percent Subordinated Debentures and Series B Junior Subordinated Discount Debentures and any and all of the outstanding 16.875 percent Senior Discount Debentures have been extended and will expire at midnight, New York City time, on Tuesday, March 3, 1992, unless further extended. Subject to the terms and conditions of the tender offers, withdrawal rights for all debt securities tendered have expired.
 -0- 2/27/92
 /CONTACT: Bryant Haskins of Burlington Industries, 919-379-2512, or Tom Daly of Kekst & Co., 212-593-2655, for Burlington Industries/ CO: Burlington Industries Equity Inc.; Burlington Holdings Inc.;
 Burlington Industries Capital Inc. ST: North Carolina IN: TEX SU: OFR


CM -- CH001 -- 3088 02/27/92 08:41 EST
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Publication:PR Newswire
Date:Feb 27, 1992
Words:232
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