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ROLLINS TRUCK LEASING ISSUES ANNOUNCEMENT

 ROLLINS TRUCK LEASING ISSUES ANNOUNCEMENT
 WILMINGTON, Del., April 28 /PRNewswire/ -- Rollins Truck Leasing


Corp. (NYSE, PSE: RLC) announced the closing of the sale today of $50 million of 7-3/4 percent Collateral Trust Debentures, Series K, due April 15, 1997.
 These debentures were re-offered at par by Merrill Lynch & Co., sole underwriter of the offering. The net proceeds to the company will be used to reduce outstanding variable rate equipment indebtedness. The transaction is pursuant to the company's previously filed shelf registration statement.
 Rollins Truck Leasing Corp. is one of the largest full-service tractor and truck leasing companies in the United States. The company services more than 23,000 vehicles from almost 200 locations throughout the country.
 -0- 4/28/92
 /CONTACT: Patrick J. Bagley, vice president and treasurer of Rollins Truck Leasing, 302-426-3409/
 (RLC) CO: Rollins Truck Leasing Corp. ST: Delaware IN: TRN SU:


KA-MK -- PH029 -- 3918 04/28/92 14:48 EDT
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Publication:PR Newswire
Date:Apr 28, 1992
Words:154
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