Bell Technology Group Ltd. announces proposed private placement of senior notes and warrantsNEW YORK – March 27, 1998Bell Technology Group Ltd. (Nasdaq SmallCap: BELT, BELTW)announced today that it intends, subject to market and other conditions,to raise up to $140 million in a private placement pursuant to Rule 144Aof high yield securities.
The securities to be offered will not be registered under the SecuritiesAct of 1933 or applicable state securities laws and will not be offeredor sold absent registration under the Securities Act of 1933 and applicablestate securities laws or available exemptions from registration requirements.
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