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LA QUINTA FILES REGISTRATION STATEMENT WITH SECURITIES AND EXCHANGE COMMISSION

 SAN ANTONIO, Texas, March 30 /PRNewswire/ -- La Quinta Motor Inns, Inc. (NYSE: LQM) today announced the filing of a registration statement with the Securities and Exchange Commission for the proposed public offering of $100 million of senior subordinated notes due 2003. La Quinta intends to use the proceeds from the offering to refinance existing indebtedness, acquire interests in three existing partnerships and for general corporate purposes. The underwriters for the proposed offering are Donaldson, Lufkin & Jenrette Securities Corporation and BT Securities Corporation.
 A registration statement relating to these Notes has been filed with the Securities and Exchange Commission, but has not yet become effective. These Notes 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 Notes 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.
 La Quinta Motor Inns, Inc. owns and/or operates over 200 limited service inns in 29 states.
 -0- 3/30/93
 /CONTACT: La Quinta Motor Inns, Inc., investor relations, 210-366-6030/
 (LQM)


CO: La Quinta Motor Inns, Inc. ST: Texas IN: LEI SU: OFR

TS -- NY064 -- 1095 03/30/93 13:36 EST
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Publication:PR Newswire
Date:Mar 30, 1993
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