1 The following were among yesterday's offerings and pricings in the U.S. and non-U.S. capital markets, with terms and syndicate manager, as compiled by Dow Jones Capital Markets Report:
2 Imo Industries Inc. -- $150 million of senior subordinated debentures due 2001, priced at par to yield 12%.
3 The issue will be sold through Morgan Stanley & Co. Other details weren't available.
4 San Antonio, Texas -- $575 million of electric and gas system revenue refunding bonds, Series 1989, 1989A and 1989B, tentatively priced by a First Boston Corp. group to yield from 6.15% in 1991 to 7.30% in 2009.
5 The issue includes current interest bonds due 1991-2000, 2009, 2012, 2014 and 2016, and capital appreciation bonds due 2001-2005.
6 The current interest serial bonds are priced to yield from 6.15% in 1991 to 7.10% in 2000.
7 There are about $100 million of 7% term bonds due 2009, priced to yield 7.30%, which is the issue's high yield.
8 There are also about $124 million of 6 1/2% bonds priced to yield 7.25% in 2012; about $97 million of 6% bonds priced to yield 7.20% in 2014; and about $26.5 million of 5% bonds priced to yield 7.15% in 2016.
9 All of the term bonds are original issue discount bonds, according to the lead underwriter.
10 The capital appreciation bonds are tentatively priced to yield to maturity from 7% in 2001 to 7.10% in 2003-2005.
11 The bonds are rated double-A by Moody's Investors Service Inc. and Standard & Poor's Corp.
12 Maryland Stadium Authority -- $137.6 million of sports facilities lease revenue bonds, Series 1989 D, due 1992-1999, 2004, 2009 and 2019, tentatively priced at par by a Morgan Stanley group to yield from 6.35% in 1992 to 7.60% in 2019.
13 Serial bonds are priced to yield to 7.10% in 1999.
14 There are $15,845,000 of 7 3/8% bonds priced at par and due 2004; $22,985,000 of 7 1/2% bonds priced at par and due 2009; and $82.6 million of 7.60% bonds priced at par and due 2019.
15 The bonds are rated double-A by Moody's and double-A-minus by S&P.
16 Interest on the bonds will be treated as a preference item in calculating the federal alternative minimum tax that may be imposed on certain investors.
17 Federal Home Loan Mortgage Corp. -- $250 million of Remic mortgage securities being offered in 11 classes by Morgan Stanley.
18 The offering, Series 107, is backed by Freddie Mac 15-year, 9% securities, and brings Freddie Mac's 1989 Remic issuance to $32.8 billion and its total volume to $46.8 billion since the program began in February 1988.
19 The offering used at-market pricing.
20 Federal National Mortgage Association -- $500 million of Remic mortgage securities being offered in 10 classes by Merrill Lynch Capital Markets.
21 The offering, Series 1989-85, is backed by Fannie Mae 9% securities.
22 Separately, a $400 million issue of Fannie Mae Remic mortgage securities is being offered in 15 classes by Bear, Stearns & Co.
23 The offering, Series 1989-86, is backed by Fannie Mae 9% securities.
24 Finally, a $300 million issue of Fannie Mae Remic mortgage securities is being offered in 12 classes by Smith Barney, Harris Upham & Co.
25 The offering, Series 1989-87, is backed by Fannie Mae 9 1/2% securities.
26 The three offerings together bring Fannie Mae's 1989 Remic issuance to $32.4 billion and its total Remic volume to $44.5 billion since the program began in April 1987.
27 Credit Agricole (CNCA) (French) -- $250 million of 8 3/4% bonds due Nov. 21, 1994, priced at 101.80 to yield 8.77% annually less full fees, via IBJ International Ltd. Fees 1 7/8.
28 Hokuriku Electric Power Co. (Japan) -- $200 million of 8 7/8% bonds due Nov. 20, 1996, priced at 101 3/4 to yield 8.90% less full fees, via Yamaichi International (Europe) Ltd. Fees 1 7/8.
29 International Finance Corp. (agency) -- 10 billion pesetas of 11.6% bonds due Nov. 30, 1994, priced at 101 5/8 to yield 11.60% less full fees, via Citibank (Madrid) and Banco Espanol de Credito, Spain.
30 Fees 1 5/8.
31 Royal Bank of Canada, Grand Cayman branch (Canada) -- 100 million Canadian dollars of 10 3/4% deposit notes due Nov. 30, 1994, priced at 101 3/4 to yield 10.78% less full fees, via RBC Dominion Securities International Ltd. Fees 1 7/8.
32 Union Bank of Finland -- 100 million Australian dollars of 9% bonds due Nov. 9, 1990, priced at 94 to yield 17.20% less full fees, via Banque Paribas Capital Markets Ltd. Fees 1.
33 Ford Motor Credit -- $2.57 billion of certificates backed by automobile loans with a coupon rate of 8.70%, priced at 99 19/32 to yield 8.903% through an underwriting group headed by First Boston Corp.
34 The issue is the first by Ford Motor Credit, a unit of Ford Motor Co., and the second largest in the four-year history of the $45 billion asset-backed market.
35 The largest issue was a $4 billion offering of auto-loan securities by General Motors Acceptance Corp. in 1986.
36 The Ford issue, through Ford Credit 1989-A Grantor Trust, was priced at a yield spread of 95 basis points above the Treasury 7 3/4% issue due July 1991.
37 The offering is rated doubleA-2 by Moody's and double-A by S&P, based on the quality of the underlying auto loans and a guarantee covering 9% of the deal from Ford Motor Credit.
38 The certificates have an estimated average life of 1.8 years, assuming monthly prepayments at 1.3% of the original balance.
39 The final maturity is in five years.

Imo Industries Inc . - - $ 150 million of senior subordinated debentures due 2001 , priced at par to yield 12 % .
subordinated debentures
What are subordinated debentures?