BELGELECTRIC RAISES 300 MLN LUXEMBOURG FRANCS
Belgelectric Finance BV is raising
300 mln Luxembourg francs through a five year, non-callable
bullet bond carrying a 7-1/4 pct coupon at par, lead manager
Banque Internationale a Luxembourg SA (BIL) said.
    The private placement for the Belgian utilities' finance
company is for payment on May 26 and coupon payments are
annually on May 27. Fees total 1-3/4 pct and the issue is
guaranteed by the Belgian utilities, Intercom, Ebes and Unerg.
 REUTER
