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TEXTRON TO REDEEM ITS 11 PERCENT DUE 1995

 TEXTRON TO REDEEM ITS 11 PERCENT DUE 1995
 PROVIDENCE, R.I., May 4 /PRNewswire/ -- Textron Inc. (NYSE: TXT)


announced that it will redeem all of its 11 percent Notes due July 1, 1995. The aggregate principal amount outstanding of these notes is approximately $47.1 million. The redemption date will be July 1, 1992 at a redemption price of 100 percent of the principal amount of the notes. The July 1, 1992 interest payment on the notes will be made in the usual manner.
 The paying agent is Manufacturers Hanover Trust Company. Notes may be surrendered (a) by mail, to Manufacturers Hanover Trust Company, Debt Operations, P.O. Box 2862, G.P.O. Station, New York, N.Y. 10116, or (b) by hand, at Chemical Bank, MHT Window, Room 234-North Building, 55 Water St., New York, N.Y.
 Textron Inc. is multi-industry company with operations in three business sectors -- Aerospace Technology, Commercial Products and Financial Services.
 -0- 5/4/92
 /CONTACT: Raymond W. Caine, Jr., vice president-corporate communications, 401-421-2800/
 (TXT) CO: Textron Inc. ST: Rhode Island IN: ARO SU:


SH -- NE017 -- 5923 05/04/92 10:14 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:May 4, 1992
Words:188
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