RAMADA <RAM> SELLS SUBORDINATED NOTES
Ramada Inc is raising 100 mln dlrs
through an offering of subordinated notes due 1999 yielding
11.703 pct, said sole manager Salomon Brothers Inc.
    The notes have an 11-5/8 pct coupon and were priced at
99.50, Salomon said.
    Non-callable for three years and non-refundable for five,
the issue is rated B-2 by Moody's Investors Service Inc and
B-minus by Standard and Poor's Corp.
 Reuter
