Printer Friendly

COMPUSA INC. ANNOUNCES $110 MILLION DEBT OFFERING

 DALLAS, June 10 /PRNewswire/ -- CompUSA Inc. (NYSE: CPU) today announced the public offering of $110 million principal amount of 9-1/2 percent Senior Subordinated Notes due 2000.
 The notes will trade on the New York Stock Exchange under the symbol "CPU 00" in units of $1,000.
 The proceeds of the note offering will be used primarily to repay revolving credit borrowings, to finance new store openings and for working capital and general corporate purposes.
 A copy of the prospectus relating to the offering may be obtained by contacting the assistant secretary of the company at 214-919-4413.
 CompUSA Inc., headquartered in Dallas, currently operates 45 high- volume Computer Superstores in 28 metropolitan areas throughout the U.S.
 -0- 6/10/93
 /CONTACT: Nathan P. Morton, chairman and CEO, or Mervyn Benjet, executive vice president and CFO, of CompUSA, 214-406-4700/
 (CPU)


CO: CompUSA Inc. ST: Texas IN: REA SU: OFR

BN-CM -- AT004 -- 0495 06/10/93 09:31 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 10, 1993
Words:158
Previous Article:ING GROUP NET PROFIT UP 2.3 PERCENT FIRST THREE MONTHS OF 1993; BANKING, LIFE INSURANCE RESULTS UP SHARPLY; NON-LIFE DEPRESSED; PROFIT PER SHARE...
Next Article:HOLIDAY INN WORLDWIDE CREATES CONSUMER GUIDE TO MAKE REUNION PLANNING EASY; FREE REUNION GUIDE AVAILABLE BY CALLING 800-447-7300
Topics:


Related Articles
COMPUSA, INC. ANNOUNCES INITIAL PUBLIC OFFERING OF COMMON STOCK
COMPUSA INC. FOURTH QUARTER SALES UP 58.3 PERCENT TO $237 MILLION, WITH COMP-STORE SALES UP 20.0 PERCENT
CompUSA INC. REPORTS RECORD SALES AND EARNINGS FOR THE FOURTH QUARTER AND 12 MONTHS OF FISCAL 1992
CompUSA INC. APPLIES TO LIST COMMON STOCK ON NEW YORK STOCK EXCHANGE; ANTICIPATES SHARES TO BEGIN TRADING IN DECEMBER
COMPUSA FILES REGISTRATION STATEMENT
COMPUSA PRICES 1.75 MILLION SHARES OF COMMON STOCK
CompUSA Inc. REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF FISCAL 1996
COMPUSA INC. ANNOUNCES BOARD AUTHORIZATION OF STOCK REPURCHASE PROGRAM
CompUSA Inc. Reports Financial Results For The First Quarter of 1997 Fiscal Year
CompUSA Inc. Announces a Two-For-One Stock Split

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters