Printer Friendly

ROUSE COMPANY FILES REGISTRATION STATEMENT WITH SEC FOR DEBT OFFERING

 COLUMBIA, Md., Jan. 4 /PRNewswire/ -- The Rouse Company (NASDAQ-NMS: ROUS) announced today that it has filed a registration statement with the Securities and Exchange Commission for a $100 million, 10-year public senior debt offering. Mathias J. DeVito, chairman, president and chief executive officer of the company, stated that "the proceeds of this offering will be used principally to replace company or other guaranteed debt which matures over the next two years." Mr. DeVito also said that the company is very pleased that the prospective debt offering has been awarded investment grade ratings from Standard & Poor's (BBB) and Moody's (Baa2).
 Goldman, Sachs & Co. of New York and Alex. Brown & Sons Incorporated of Baltimore will manage the underwriting. Copies of the prospectus may be obtained from the underwriters.
 The registration statement relating to these securities ( percent
notes due Jan. , 2003) that has been filed with the Securities and


Exchange Commission has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 1/4/93
 /CONTACT: David L. Tripp, vice president and director - investor relations of the Rouse Company, 410-992-6546/
 (ROUS)


CO: The Rouse Company ST: Maryland IN: FIN SU: OFR

GK-LR -- NY059 -- 1380 01/04/93 15:05 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 4, 1993
Words:267
Previous Article:WINTHROP RESOURCES DECLARES REGULAR SEMI-ANNUAL DIVIDEND
Next Article:TRANSCO SUBSIDIARY DECLARES PREFERRED DIVIDENDS
Topics:


Related Articles
CAESARS WORLD FILES SHELF REGISTRATION STATEMENT
ROUSE COMPANY FILES FOR PUBLIC OFFERING
FIRST AMERICAN FILES $100 MILLION SUBORDINATED DEBT REGISTRATION STATEMENT
KAISER ALUMINUM CORPORATION FILES REGISTRATION STATEMENT
MAXXAM INC. FILES REGISTRATION STATEMENT
SOVRAN SELF STORAGE FILES SHELF REGISTRATION STATEMENT FOR $150,000,000
American Annuity Group Announces Securities Filing
Phelps Dodge Files Universal Shelf Registration Statement To Replace Its 1997 Debt-Only Shelf Registration.
Motorola Files $2 Billion Universal Shelf Registration Statement; Company Has No Immediate Plans to Issue Securities.
BellSouth Files Shelf Registration Statement for Debt Securities.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters