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TRIMAS CORPORATION ANNOUNCES OFFERING OF 5 PERCENT CONVERTIBLE SUBORDINATED DEBENTURES

 ANN ARBOR, Mich., July 29 /PRNewswire/ -- TriMas Corporation (NYSE: TMS) today announced the public offering of $100 million of 5 percent Convertible Subordinated Debentures due 2003 co-managed by Lehman Brothers and PaineWebber Incorporated. The Debentures are convertible at any time on or after Oct. 4, 1993, into TriMas common stock at a price per share of $22 5/8.
 The company will use the net proceeds from the offering to redeem a portion of its senior debt.
 TriMas Corporation is a diversified proprietary products company with leadership product positions in consumer, industrial and commercial niche markets.
 -0- 7/29/93
 /CONTACT: Brian Campbell, president, TriMas Corporation, 313-747-7025/
 (TMS)


CO: TriMas Corporation ST: Michigan IN: SU: ERN

JG -- DE004 -- 7119 07/29/93 08:40 EDT
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Publication:PR Newswire
Date:Jul 29, 1993
Words:125
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