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CINCINNATI MILACRON OFFERS 4.5 MILLION COMMON SHARES AT $20.50 PER SHARE

 CINCINNATI, April 8 /PRNewswire/ -- Cincinnati Milacron Inc. (NYSE: CMZ) announced today the public offering of 4.5 million shares of common stock at $20.50 per share. The company has granted the underwriters an option to purchase up to an additional 675,000 shares to cover over-allotments. The First Boston Corporation is the lead manager, and Lazard Freres & Co. and J.P. Morgan Securities Inc. are the co-managers of the underwriting syndicate offering the stock to the public. Currently, Cincinnati Milacron has approximately 27.7 million common shares outstanding.
 The company will use the proceeds from the sale of the new stock to redeem a portion of its 12 percent Sinking Fund Debentures due 2010 and to pay down bank debt.
 Cincinnati Milacron Inc. is one of the world's leading manufacturers of machine tools, plastics machinery and industrial products for metalworking, as well as related computer controls and software for factory automation.
 -0- 04/08/93
 /CONTACT: Albert Beaupre of Cincinnati Milacron, 513-841-7241/
 (CMZ)


CO: Cincinnati Milacron Inc. ST: Ohio IN: MAC SU: OFR

AH -- NY038 -- 4236 04/08/93 12:13 EDT
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Publication:PR Newswire
Date:Apr 8, 1993
Words:183
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