CONTINENTAL <CTHL> REPURCHASES NOTES
Continental Health
Affiliates Inc said it repurchased about 30 pct of its June
1985 Swiss franc convertible bond offering at prices below par.
    The company said it continues to hedge the balance and seek
opportunities to repurchase below par an increasing percentage
of the bond issue.
    Continental said it operates and has under development
1,943 nursing home beds and 404 residential health care beds.
It said that by sustaining its growth momentum, these numbers
could more than double by the end of the year.
 Reuter
