C. ITOH FINANCE (EUROPE) ISSUES EUROBOND
C. Itoh Finance (Europe) Ltd is issuing
a 30 mln dlr deferred coupon eurobond, due March 30, 1992 and
priced at 100.1 pct, Wako International (Europe) Ltd said as
lead manager.
    From the third year the bonds will pay interest at a rate
of four pct over six month London interbank borrowed rate
(Libor). They will be issued in denominations of 50,000 dlrs
and will be listed in Luxembourg. Fees of 0.1 pct comprise two
basis points for management and underwriting and eight points
for selling.
    Co-leads are Mitsui Trust International and Pru-Bache
Securities International. Pay date is March 30.
    The transaction is guaranteed by C. Itoh and Co (Hong Kong)
Ltd, Wako International said.
 REUTER
