ARVIN INDUSTRIES <ARV> OFFERS SECURITIES
Arvin Industries Inc said it will
offer 150 mln dlrs of debt securities.
    The company will offer 75 mln dlrs of 8-3/8 pct notes due
March 1, 1997 and 75 mln dlrs of 9-1/8 pct sinking fund
debentures due March 1, 2017, as part of an existing 200 mln
dlr shelf registration.
    The notes were priced at 99.63 pct to yield 8.43 pct. The
debentures were priced at 99.54 pct to yield 9.17 pct.
    Both issues will be offered through underwriting groups led
by Merrill Lynch Capital Markets and Salomon Brothers Inc. The
two issues are separate and independent.
 Reuter
