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LAIDLAW ENTERS INTO DEBT ISSUE AGREEMENT

 BURLINGTON, Ont., May 13 /PRNewswire/ -- Laidlaw Inc. (NYSE: LDW) announced today that it has entered into an underwriting agreement for the issue in the United States of U.S. $100 million of its 7.05 percent debentures due May 15, 2003, to be issued at 99.659, and U.S. $100 million of its 8.25 percent debentures due May 15, 2023 to be issued at par.
 The net proceeds from the sale will be used to repay existing indebtedness.
 The issue was underwritten by Goldman, Sach & Co., Merrill Lynch & Co., Morgan Stanley & Co. Incorporated and Citicorp Securities Markets, Inc.
 -0- 5/13/93
 /CONTACT: Tag Watson, vice president - communication of Laidlaw Inc., 416-336-1800/
 (LDW)


CO: Laidlaw Inc. ST: Ontario IN: ENV SU: OFR

LD -- NY089 -- 8300 05/13/93 16:33 EDT
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Publication:PR Newswire
Date:May 13, 1993
Words:133
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