SONAT <SNT> UNIT FILES FOR DEBENTURE OFFERING
Southern Natural Gas Co, a unit of
Sonat Inc, said it filed with the Securities and Exchange
Commission a registration statement covering a 100 mln dlr
issue of debentures due 1999.
    Proceeds will be used, together with funds from the
company's operations, to redeem Southern Natural's 15 pct
sinking fund debentures of 1991.
    The company named Goldman, Sachs and Co, Lazard Freres and
Co and Merrill Lynch Capital Markets as managing underwriters
of the offering.
 Reuter
