SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report
(Date of earliest event reported):
October 24, 1996
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THERMO ELECTRON CORPORATION
(Exact name of Registrant as specified in its charter)
Delaware 1-8002 04-2209186
(State or other (Commission I.R.S. Employer
jurisdiction of File Number) Identification Number)
81 Wyman Street 02254-9046
Waltham, Massachusetts (Zip Code)
(617) 622-1000
(Registrant's telephone number
including area code)
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Item 5. Other Events
On October 24, 1996, Thermo Instrument Systems Inc. ("Thermo
Instrument"), a majority-owned subsidiary of Thermo Electron
Corporation (the "Company") completed the sale at par of $172.5
million principal amount of 4 1/2% senior convertible debentures
due 2003. The debentures are convertible into shares of Thermo
Instrument's common stock, and are guaranteed by the Company on a
senior basis.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized, on
this 5th day of November, 1996.
THERMO ELECTRON CORPORATION
By: /s/ Jonathan W. Painter
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Jonathan W. Painter