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HUDSON FOODS, INC. ANNOUNCES REDEMPTION OF 14 PERCENT DEBENTURES

 ROGERS, Ark., Jan. 15 /PRNewswire/ -- Hudson Foods, Inc. (NYSE: HFI), one of the nation's largest poultry producers and food processors, today announced plans to redeem the remaining $10 million of its outstanding 14 percent convertible subordinated debentures due 2008 (NYSE: HF108).
 This redemption will complete the call of all the 14 percent debentures.
 Notice to holders of affected debentures will be provided by the First National Bank of Boston, the debenture trustee.
 This final redemption is scheduled to occur on March 15, 1993. Debentures will be redeemed at a price of 104.8 percent of the stated principal amount, plus accrued interest. Debentures called for redemption may be converted into shares of Hudson's class A common stock on or before the redemption date.
 Hudson sells a variety of chicken and turkey products under the "Hudson" and "Hudson Deli-Meister" brand names, as well as poultry, beef and pork products under the "Ohse," "Schweigert," "Pierre" and "Roegelein" brand names.
 -0- 1/15/93
 /CONTACT: Tom Reynolds, secretary/treasurer of Hudson Foods, Inc., 501-631-5177/
 (HFI)


CO: Hudson Foods, Inc. ST: Arkansas IN: FOD SU:

LR-OS -- NY056 -- 5475 01/15/93 15:47 EST
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Publication:PR Newswire
Date:Jan 15, 1993
Words:190
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