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MASCOTECH, INC. PROPOSES TO OFFER $200 MILLION OF CONVERTIBLE SUBORDINATED DEBENTURES

 TAYLOR, Mich., Jan. 11 /PRNewswire/ -- MascoTech, Inc. (NYSE: MSX) announced its intention to offer $200 million of Convertible Subordinated Debentures due Dec. 15, 2003. Interest payment dates will be June 15 and Dec. 15.
 The net proceeds of the offering will be used to repay a portion of the 10.25% Senior Subordinated Notes due 1997, which have been called for redemption on Feb. 1, 1994. The offering is scheduled to be priced on Thursday, Jan. 13, 1994.
 The company expects that the Debentures will be rated BB- by Standard & Poor's and Ba3 by Moody's. The company intends to make application to list the Debentures on the New York Stock Exchange.
 Smith Barney Shearson Inc., PaineWebber Incorporated, Prudential Securities Incorporated and Salomon Brothers Inc. will manage the offering and will provide copies of the related Prospectus Supplement upon request.
 MascoTech manufactures transportation-related and other commercial and specialty products.
 -0- 1/11/94
 /CONTACT: Kenneth J. Zak, manager - Investor Relations of MascoTech, 313-274-7400, Ext. 6386/
 (MSX)


CO: MascoTech, Inc. ST: Michigan IN: SU: OFR

SM -- DE006 -- 0850 01/11/94 08:50 EST
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Publication:PR Newswire
Date:Jan 11, 1994
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