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INTEGRA FINANCIAL CORPORATION FILES REGISTRATION STATEMENT

    INTEGRA FINANCIAL CORPORATION FILES REGISTRATION STATEMENT
    PITTSBURGH, Nov. 12 /PRNewswire/ -- Integra Financial Corporation (NASDAQ: ITGR) announced today that it had filed a registration statement with the Securities and Exchange Commission for a shelf offering of up to $200 million principal amount of debt securities, to be newly issued from time to time.
    Integra currently intends to use the net proceeds from the sale of any debt securities for general corporate purposes, which may include investments in and extensions of credit to its banking and other subsidiaries, the possible acquisition of or investments in other banks and companies engaged in financial service activities, the reduction of short-term indebtedness and the possible repurchase of Integra's securities.
    The underwriters for any offering of debt securities by Integra may include Lehman Brothers and The First Boston Corporation.
    Integra is a multi-bank holding comapny headquartered in Pittsburgh. Its principal wholly owned subsidiaries are Integra National Bank/Pittsburgh, Integra National Bank/South and Integra National Bank/North.
    A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. A prospectus with respect to the debt securities may be obtained from the following contact.
    -0-                         11/12/91
    /CONTACT:  William S. Eiler of Integra, 412-644-8073, or home at 412-921-7620/
    (ITGR) CO:  Integra Financial Corporation ST:  Pennsylvania IN:  FIN SU: DM -- PG011 -- 3633 11/12/91 16:58 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 12, 1991
Words:307
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