

wsj_0555

10/30/89


WSJ891030-0145 = 891030 891030-0145.
Waxman Industries Debentures 10/30/89 WALL STREET JOURNAL (J) WAX BUYBACKS, REDEMPTIONS, SWAP OFFERS (BBK) BEDFORD HEIGHTS, Ohio



Waxman Industries Inc. said holders of $6,542,000 face amount of its 6 1/4% convertible subordinated debentures, due March 15, 2007, have elected to convert the debt into about 683,000 common shares.

The conversion price is $9.58 a share.

The company said the holders represent 52% of the face amount of the debentures.

Waxman sells a variety of hardware products for the home repair market.
















