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MONACO COACH CORPORATION FILES INITIAL PUBLIC OFFERING OF 1,600,000 COMMON SHARES WITH SEC

    JUNCTION CITY, Ore., Aug. 12 /PRNewswire/ -- Monaco Coach Corporation announced today that it filed a registration statement with the Securities and Exchange Commission covering a proposed initial public offering of 1,600,000 shares of common stock.  All of the shares are being sold by the company.
    William Blair & Company and Tucker Anthony Incorporated will co- manage the underwriting group.  The offering is expected in late September at an estimated price of $12 to $14 per share.
    Net proceeds to the company will be used primarily to repay debt incurred to acquire the predecessor company.
    Headquartered in Junction City, Oregon, with additional manufacturing facilities in Elkhart, Indiana, Monaco Coach Corporation is the nation's leading manufacturer of "High-Line" motor coaches.  The company focuses exclusively on the High-Line segment, manufacturing three motor coach models: the Dynasty, the Executive, and the Signature Series.
    A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy or shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.
    Copies of the prospectus may be obtained from William Blair & Company, 135 South LaSalle Street., Chicago, Illinois 60603.  Attention: Prospectus Department (312-236-1600), or from Tucker Anthony Incorporated, One Beacon Street, 3rd Floor, Boston, Massachusetts 02108. Attention: Syndicate Department (617-725-2000).
    -0-             08/12/93
    CONTACT:  Kay Toolson, chairman, president & CEO of Monaco Coach Corporation, 503-998-1068, or Kelley Drake of William Blair & Company, 312-236-1600 CO:  MONACO COACH CORPORATION IN:  AUT SU:  OFR ST:  OR


-- NY099 -- X465 08/12/93
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Publication:PR Newswire
Date:Aug 12, 1993
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