American Standard Files $1.0 Billion Debt Shelf Registration
1 August 1997
American Standard Files $1.0 Billion Debt Shelf RegistrationPISCATAWAY, N.J., Aug. 1 -- American Standard Inc. and its parent, American Standard Companies Inc. , today jointly filed a shelf registration statement with the Securities and Exchange Commission covering $1.0 billion of debt securities to be offered by American Standard Inc. and unconditionally guaranteed by American Standard Companies Inc. The debt securities will be available to be offered from time to time at interest rates then to be determined by market conditions. Proceeds from the sale of the securities will be used for general corporate purposes including reduction or refinancing of outstanding debt. The registration statement relating to the above-referenced securities filed with the Securities and Exchange Commission has not yet become effective. Such securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any offers, solicitations or sales with respect to these securities in any state in which any such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. American Standard is the global, diversified manufacturer of Trane(R) and American Standard(R) air conditioning products, American Standard(R), Ideal Standard(R), Standard(R) and Porcher(R) plumbing products, WABCO(R) commercial and utility vehicle braking and control systems and LARA(TM) and Copalis(TM) medical diagnostic systems. The latest news release and corporate information can be heard on l-888-ASD-NEWS. Additional information on American Standard is available on the Company's World Wide Web site, http://www.americanstandard.com SOURCE American Standard Companies Inc.