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CHEMICAL BANKING TO REDEEM DEBT

 NEW YORK, July 30 /PRNewswire/ -- Chemical Banking Corporation (NYSE: CHL) today said that it will redeem the following issues of the corporation's long-term debt on Sept. 1, 1993, at the following prices, plus accrued interest if any to the date of redemption:
 Issue Amount Redemption Price
 ($ millions) (as a percent of
 principal amount)
 8-1/4 pct. debentures due 2002 $56.0 101.54
 8-1/8 pct. sinking
 fund debentures due
 Aug. 15, 2007 53.6 102.70
 8-1/8 sinking fund debentures
 due March 1, 2004 38.5 101.77
 8.40 pct. debentures due
 April 15, 1999 24.9 100.42
 -0- 7/30/93
 /CONTACT: John Meyers of Chemical Banking, 212-270-7454/
 (CHL)


CO: Chemical Banking Corporation ST: New York IN: FIN SU:

CK-LG -- NY033 -- 7720 07/30/93 11:58 EDT
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Publication:PR Newswire
Date:Jul 30, 1993
Words:133
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