WESTLB ISSUES 50 MLN AUSTRALIAN DLR EUROBOND
A Westdeutsche Landesbank
Girozentrale (WestLB) unit is raising 50 mln Australian dlrs
through a five-year bullet eurobond with a 14-3/8 pct coupon
and priced at 101-1/2, co-lead manager WestLB said.
    The bond, for WestLB Finance N.V., Is guaranteed by the
parent. Investors will pay for the bond on April 15, and the
bond pays annual interest on the same day. It matures on that
day in 1992. Fees total two pct, with 1-3/8 points for selling,
and 5/8 for management and underwriting combined. There is a
1/8 pct praecipuum. Listing is in Luxembourg.
    Co-lead is Hambros Bank Ltd. Denomination is 1,000 dlrs.
 REUTER
