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POLAROID TO SELL DEBT SECURITIES

 POLAROID TO SELL DEBT SECURITIES
 CAMBRIDGE, Mass., Dec. 20 /PRNewswire/ -- Polaroid Corporation


(NYSE: PRD) filed a shelf registration with the Securities Exchange Commission to sell up to $450 million in debt securities.
 The company said it will use the proceeds from the sale to replace existing debt and for other corporate purposes. The securities may be offered periodically in amounts, prices and terms to be announced when the securities are issued.
 Lehman Brothers will be lead manager for the prospective issues and J.P. Morgan Securities will be co-manager.
 -0- 12/20/91
 /CONTACT: Sam Yanes, 617-577-4191 or James F. Murphy, 617-577-3124, of Polaroid/
 (PRD) CO: Polaroid Corporation ST: New York IN: HOU SU:


DD-SD -- NE010 -- 4432 12/20/91 14:33 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Dec 20, 1991
Words:123
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