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NEWS CORPORATION SUBSIDIARY SELLS SENIOR NOTES

 NEW YORK, June 8 /PRNewswire/ -- The News Corporation Limited (NYSE: NWS; AMEX: NCP) announced today the sale by its subsidiary News America Holdings Incorporated, of U.S. $100 million of senior notes due June 1, 2000 with an interest rate of 7.45 percent.
 The securities were underwritten by Citicorp Securities Markets, Inc., and are expected to be rated `BBB-' by Standard and Poor's Ratings Group and `Ba2' by Moody's Investors Service. The proceeds will be used primarily to redeem outstanding subordinated debentures of Twentieth Century Fox Film Corporation and one class of subordinated debentures of Fox Television Stations Inc., as previously announced.
 -0- 6/8/93
 /CONTACT: Marcia Horowitz of Howard J. Rubenstein Associates, Inc., 212-489-6900, for News Corporation Limited/
 (NWS)


CO: News America Holdings Incorporated ST: New York IN: PUB SU:

WB-OS -- NY072 -- 6687 06/08/93 16:19 EDT
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Publication:PR Newswire
Date:Jun 8, 1993
Words:142
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