ASSOCIATES CORP ISSUES 15 BILLION YEN BOND
<Associates Corp of North America> is
issuing a 15 billion yen eurobond due November 2, 1992 with a
five pct coupon and priced at 102-3/8, <IBJ International Ltd>
said as lead manager.
    The non-callable bonds will be issued in denominations of
one mln yen and will be listed in Luxembourg. Fees are 1-1/4
pct for selling and 5/8 pct for management and underwriting
combined, with a 1/8 pct praecipuum. Pay date is April 6.
    Co-lead managers are <New Japan Securities>, <Wako
Securities> and <Yasuda Trust>.
 REUTER
