EASTMAN KODAK ISSUES AUSTRALIA DOLLAR BOND
Eastman Kodak Co is issuing a 200 mln
Australian dlr zero-coupon bond due May 12, 1992 and priced at
54-3/8 for an effecitve yield of 13.52 pct, said Merrill Lynch
Capital Markets as lead manager.
    The securities, which are available in denominations of
1,000 and 10,000 dlrs, will be listed on the Luxembourg Stock
Exchange. Eastman Kodak's outstanding issues are rated AAA/AA.
    There is a 7/8 pct selling concession and 1/2 pct combined
management and underwriting fee. Payment is due May 12, 1987.
 REUTER
