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INTERNATIONAL TECHNOLOGY CORP. ANNOUNCES PARTIAL REDEMPTION OF 9 3/8 PERCENT SENIOR NOTES

 TORRANCE, Calif., Oct. 4 /PRNewswire/ -- International Technology Corp. (NYSE: ITX) (IT) announced today that it has given notice of partial redemption of the company's 9 3/8 percent Senior Notes due 1996 (the Senior Notes) to the trustee of the indenture for the Senior Notes.
 As previously announced, the proceeds from the company's recent offering of 7 percent Cumulative Convertible Exchangeable Preferred Stock are being used to redeem a portion of the Senior Notes and to pay down the outstanding balance on the company's revolving credit line.
 The company is redeeming at par value $25,000,000 of the $75,000,000 of outstanding Senior Notes. The holders of the Senior Notes to be redeemed in whole or in part will be given 30 days notice prior to the expected redemption date of Nov. 15, 1993.
 International Technology Corp., based in Torrance, is a leading environmental management company providing services to government and industry. The company's common stock is traded on the New York Stock Exchange under the symbol ITX.
 -0- 10/4/93
 /CONTACT: Anthony J. DeLuca or Pat Boldt, International Technology, 310-378-9933/
 (ITX)


CO: International Technology Corp. ST: California IN: ENV SU:

JL-EH -- LA039 -- 8574 10/04/93 17:42 EDT
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Publication:PR Newswire
Date:Oct 4, 1993
Words:203
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