TCW CONVERTIBLE SECURITIES <CVT> SOLD STOCK
TCW Convertible Securities Fund Inc
said it has sold 20 mln shares of its common stock to a group
of underwriters led by Bear Stearns and Co Inc, E.F. Hutton and
Co, Advest Inc, Blunt Ellis and Loewi Inc, Piper, Jaffray and
Hopwook Inc and Sutro and Co Inc.
    The shares were sold by the underwriters at ten dlrs per
share in a public offering.
    The offering produced net proceeds of 186 mln dlrs.
 Reuter
