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Article: Interco Inc. files registration statement with Securities and Exchange Commission.
- Article from:
- PR Newswire
- Article date:
- May 17, 1990
CopyrightCOPYRIGHT 1990 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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INTERCO FILES REGISTRATION STATEMENT
WITH SECURITIES AND EXCHANGE COMMISSION
ST. LOUIS, May 17 /PRNewswire/ -- INTERCO Inc. (NYSE: ISS) announced today that it has filed a registration statement with the Securities and Exchange Commission in connection with a restructuring plan announced last week for its existing subordinated debt and preferred stock. In the restructuring:
-- Holders of INTERCO's 13 3/4 percent Senior Subordinated
Debentures due 2000 would be entitled to exchange each $1,000
principal amount of such debentures for 70 shares of INTERCO
Common Stock and $900 principal amount of a ...