SEKISUI CHEMICAL ISSUES EQUITY WARRANT EUROBOND
Sekisui Chemical Co Ltd is issuing a 200
mln dlr equity warrant bond due May 7, 1992 paying an indicated
coupon of two pct and priced at par, lead manager Yamaichi
International (Europe) Ltd said.
    The issue is guaranteed by Sanwa Bank Ltd and is available
in denominations of 5,000 dlrs. The selling concession is 1-1/2
pct while management and underwriting combined pays 3/4 pct.
The payment date is May 7 while listing will be in Luxembourg.
    Final terms will be fixed on April 15. The warrants are
exercisable from May 20, 1987 until April 20, 1992.
 REUTER
