IBERDUERO ISSUES 150 MLN SWISS FRANC BOND
Hidroelectrica Iberica Iberduero S.A.
(Iberduero) of Bilbao, Spain is issuing a 150 mln Swiss franc
eight year bond with a five pct coupon and 100-1/4 issue price,
lead manager Union Bank of Switzerland said.
    The bond is on sale until June 26 with payment due on July
9.
    It can be called at 101-1/2 in 1991 and for tax reasons
only at 102 in 1988.
 REUTER
