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RJR NABISCO FILES SENIOR DEBT OFFERING

 RJR NABISCO FILES SENIOR DEBT OFFERING
 NEW YORK, March 5 /PRNewswire/ -- RJR Nabisco Holdings Corp.


today announced that its subsidiary RJR Nabisco Capital Corp. has filed a registration statement for two offerings of senior notes totaling $1.2 billion.
 The notes will be guaranteed by RJR Nabisco, Inc.
 The company said it expects that substantially all of the net proceeds from the sale of the senior notes will be used to refinance bank debt that has been used to retire high-cost bonds.
 The company said Goldman Sachs & Co. will be the lead manager of the senior note offerings.
 A registration statement relating to the senior notes has been filed with the Securities and Exchange Commission but has not yet become effective. No securities may be sold or offers to buy accepted until the registration statement relating to the securities has become effective under the Securities Act of 1933. This announcement does not constitute an offer to sell or the solicitation of an offer to buy any security, nor shall there be any sale of these securities in any state where such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Sales of the securities will be made only by means of a final prospectus or other appropriate documentation, which will be distributed after the effectiveness of the registration statement.
 RJR Nabisco Holdings Corp. is the indirect parent of RJR Nabisco, Inc., an international consumer products company. RJR Nabisco's major operating units are R.J. Reynolds Tobacco Co., R.J. Reynolds Tobacco International, Inc. and the Nabisco Foods Group.
 -0- 3/5/92
 /CONTACT: Jason Wright of RJR Nabisco, 212-258-5770/ CO: RJR Nabisco Holdings Corp.; RJR Nabisco Capital Corp. ST: New York IN: HOU SU: OFR


BN-BR -- AT012 -- 5548 03/05/92 14:56 EST
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Publication:PR Newswire
Date:Mar 5, 1992
Words:306
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