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ON THE BORDER CAFES ANNOUNCES THE INITIAL PUBLIC OFFERING OF 1,350,000 SHARES OF COMMON STOCK

 ON THE BORDER CAFES ANNOUNCES THE INITIAL PUBLIC OFFERING
 OF 1,350,000 SHARES OF COMMON STOCK
 DALLAS, April 30 /PRNewswire/ -- On The Border Cafes, Inc. (NASDAQ: OTBC) announced today it has commenced the public offering of 1,350,000 shares of common stock at a price of $8.50 per share. Of the shares being offered, 950,000 shares are being sold by the company and 400,000 shares are being sold by selling shareholders. The offering is being managed by The Principal/Eppler, Guerin & Turner, Inc. as the representative of the participating underwriters.
 On The Border Cafes, Inc. owns and operates eight restaurants under the name "On The Border Cafe."
 The securities are offered only by means of a written prospectus and this announcement is neither an offer to sell nor a solicitation of an offer to buy. A written prospectus may be obtained by contacting The Principal/Eppler, Guerin & Turner, Inc., The Fountain Place, 1445 Ross Avenue, Suite 2200, Dallas, Texas 75202, Attention: Syndicate Department.
 -0- 4/30/92
 /CONTACT: Michael F. Fiori, president and chief executive officer of On The Border Cafes, 214-905-7500/
 (OTBC) CO: On The Border Cafes, Inc. ST: Texas IN: LEI SU: OFR


SH -- NY076 -- 4998 04/30/92 13:33 EDT
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Publication:PR Newswire
Date:Apr 30, 1992
Words:209
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