HOLIDAY CORP <HIA> TO REDEEM TWO BOND ISSUES
Holiday Corp said it would redeem on
March 11 all outstanding 9-1/2 pct first mortgage bonds due
1995 of its Holiday Inns Inc unit and all 9-1/2 pct first
mortgage bonds, Series A, due 1996 of its Harrah's subsidiary.
    The Holiday bonds will be bought back at 101.6 pct of the
bonds' principal amount plus accrued interest, or 1,038.69 dlrs
per 1,000 dlr face amount. Holiday will redeem the Harrah's
bonds at 104.5 pct of the principal amount plus accrued
interest, or 1,079.31 dlrs per 1,000 dlr face amount.
 Reuter
