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):
January 3, 1996
________________________________________
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)
PAGE
<PAGE>
Item 5. Other Events
On January 3, 1996, Thermo Electron Corporation (the
"Company") issued a press release, attached hereto as Exhibit 99,
to announce that it had sold at par $585 million principal amount
of 4-1/4% convertible subordinated debentures due 2003. The
debentures will be convertible into shares of the Company's
common stock at a price of $56.70 per share.
PAGE
<PAGE>
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 3rd day of January, 1996.
THERMO ELECTRON CORPORATION
By: /s/ Paul F. Kelleher
---------------------
Paul F. Kelleher
Chief Accounting Officer
EXHIBIT 99
THERMO ELECTRON CORPORATION COMPLETES SALE OF
CONVERTIBLE SUBORDINATED DEBENTURES
WALTHAM, Mass., January 3, 1996--Thermo Electron Corporation
(NYSE-TMO) announced today that it had completed the previously
announced sale of $585 million principal amount of 4 1/4 percent
convertible subordinated debentures due 2003, including the $85
million over-allotment option exercised by the managers of the
offering. The debentures will be convertible into shares of
common stock at a price of $56.70.
THESE SECURITIES WILL NOT BE REGISTERED UNDER THE UNITED
STATES SECURITIES ACT OF 1933 AND MAY NOT BE OFFERED OR SOLD IN
THE UNITED STATES ABSENT REGISTRATION OR AN APPLICABLE EXEMPTION
FROM THE REGISTRATION REQUIREMENTS OF SUCH ACT.
###
