BUSINESSLAND <BUSL> COMPLETES OFFERING
Businessland Inc said it sold
50 mln dlrs of 5-1/2 pct convertible subordinated debentures
due 2007 in a registered public offering.
    The company said each debenture is convertible into shares
of Businessland common stock at a conversion price of 20.50
dlrs.
    Net proceeds will be used to repay amounts outstanding
under the company's bank credit line and for working capital,
the company also said.
 Reuter
