BORDEN INC <BN> TO REDEEM 8-1/2 PCT DEBENTURES
Borden Inc called for redemption on
March 23 of all its outstanding 8-1/2 pct sinking fund
debentures, due 2004.
    The company said the redemption price is at 104.55 pct of
face value plus 40.61 dlrs accrued interest from October 1,
1986 to the redemption date, making for a total of 1,086.11
dlrs for each 1,000 dlrs face value.
    The trustee is Bank of America National Trust and Savings
Association in San Francisco and the paying agent is Bankers
Trust Co, New York.
 Reuter
