GILLETTE CANADA ISSUES 500 MLN FRENCH FRANC BOND
Gillette Canada Inc is launching a 500
mln French franc bond, due April 30, 1992, paying nine pct and
priced at 101-5/8, Banque Paribas said on behalf of Banque
Paribas Paris, the lead manager.
    Morgan Guaranty Ltd will co-lead manage the issue, which
will be sole in denominations of 10,000 francs and be listed in
Luxembourg.
    Fees are 1-1/4 pct for selling and 5/8 pct for management
and underwriting combined. The bonds are non-callable and
payment is April 29.
 REUTER
