OAKWOOD HOMES <OH> TO SELL CONVERTIBLE DEBT
Oakwood Homes Corp said it filed with
the Securities and Exchange Commission a registration statement
covering a 25 mln dlr issue of convertible subordinated
debentures due 2012.
    Proceeds will be invested in the company's unconsolidated
finance subsidiary, Oakwood Acceptance Corp, Oakwood said.
    The company named Donaldson, Lufkin and Jenrette Securities
Corp as lead manager of the offering. It said Legg Mason Wood
Walker and J.C. Bradford would co-manage the deal.
 Reuter
