ROUSE COMPANY
424B3, 1995-05-15
OPERATORS OF NONRESIDENTIAL BUILDINGS
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PRICING SUPPLEMENT NO. 14 DATED MAY 15, 1995
(To Prospectus Dated February 10, 1995 as Supplemented February 
24, 1995)

THE ROUSE COMPANY

Medium-Term Notes

Due More Than Nine Months from Date of Issue

Fixed Rate Notes
- ---------------------------------


Principal Amount:                   $3,000,000
Proceeds to Issuer:                 $2,982,000
Trade Date:                         May 10, 1995
Original Issue Date:                May 17, 1995
Issue Price:                        100%
Total Amount of OID:                N/A
Initial Accrual Period OID:         N/A
Yield to Maturity:                  N/A
Stated Maturity Date:               May 17, 2002
Interest Rate Per Annum:            7.72%
Interest Payment Dates:             Every May 15 and November 15 
                                    until maturity

Book-Entry:	[x]
Certificated:	[ ]

Minimum Denomination:         $1,000.00
Specified Currency:           U.S. Dollars
Exchange Rate Agent:          N/A

Redemption:
Check Box opposite applicable paragraph.
[x]	The Notes cannot be redeemed prior to maturity.
[ ]	The Notes may be redeemed prior to maturity.
Initial Redemption Date:                        N/A
Initial Redemption Percentage:                  N/A
Annual Redemption Percentage Reduction:         N/A
Special Redemption Provisions:                  N/A

Additional Terms:             N/A
	



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