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SEARS FILES REGISTRATION STATEMENT FOR PASS-THROUGH CERTIFICATES

 SEARS FILES REGISTRATION STATEMENT FOR PASS-THROUGH CERTIFICATES
 CHICAGO, March 12 /PRNewswire/ -- Sears, Roebuck and Co. (NYSE: S) and Dean Witter Financial Services Group announced that Sears' indirect wholly owned subsidiary, SCFC Receivables Financing Corp., filed today with the Securities and Exchange Commission a registration statement for the issuance and sale of boat loan pass-through certificates by SCFC Boat Loan Trust 1992-1 through an underwriting syndicate to be managed by Dean Witter Reynolds Inc. and Salomon Brothers Inc.
 The principal asset of SCFC Boat Loan Trust 1992-1 will consist of boat loan receivables generated through Sears Consumer Financial Corp. The certificates will represent undivided ownership interests in the trust.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but 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 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.
 A copy of the prospectus, when available, may be obtained from Dean Witter Reynolds Inc., Two World Trade Center, New York, N.Y., 10048; or Salomon Brothers Inc, Prospectus Department, 140 58th St., Brooklyn, N.Y., 11220.
 -0- 3/12/92
 /CONTACT: Gerald Buldak of Sears, Roebuck & Co., 312-875-8371/
 (S) CO: Sears, Roebuck & Co. ST: Illinois IN: REA SU:


CK -- NY045 -- 7760 03/12/92 12:13 EST
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Publication:PR Newswire
Date:Mar 12, 1992
Words:272
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