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TEXACO ANNOUNCES EARLY REDEMPTION OF 8 7/8 PERCENT DEBENTURES DUE 2005

TEXACO ANNOUNCES EARLY REDEMPTION OF 8 7/8 PERCENT DEBENTURES DUE 2005
 WHITE PLAINS, N.Y., Aug. 4 /PRNewswire/ -- Texaco Inc. (NYSE: TX) has announced that it will call its 8-7/8 percent debentures due May 1, 2005. All $200 million of the aggregate principal amount outstanding will be redeemed on Sept. 4, 1992.
 The debentures are to be redeemed at a redemption price of 102.60 percent of their principal amount, plus accrued interest to the redemption date. Interest will cease to accrue on the debentures on and after the redemption date. Interest payable on Sept. 4, 1992, will be paid with the redemption price and will be mailed to holders only upon surrender of their debentures to the office of the paying agent, Chemical Bank, which will notify holders of the call.
 -0- 8/4/92
 /CONTACT: Jim Swords of Texaco, 914-253-4103/
 (TX) CO: Texaco Inc. ST: New York IN: OIL SU:


PS -- NY063 -- 6820 08/04/92 16:46 EDT
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Publication:PR Newswire
Date:Aug 4, 1992
Words:163
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