A AND W BRANDS FILES INITIAL PUBLIC OFFERING
A and W Brands Inc said it
filed a registration statement with the Securities and Exchange
Commission for a proposed public offering of 3,400,000 shares
of common.
    The company anticipates that the price of the offering will
range between 13 dlrs and 15 dlrs a share.
    It said the offering is expected in mid May through a group
of underwriters managed by First Boston Corp and Montgomery
Securities.
    It said it will use the proceeds to repay its debt.
 Reuter
