FRENCH AEROSPATIALE TO MAKE EURO-CP ISSUE
State-owned aerospace group Aerospatiale
said it will make an issue of Euro-commercial paper next month,
backed by a 400 mln dlr seven-year revolving credit facility
granted by 44 banks in December 1986.
    The company said in a statement that Societe Generale,
Bankers Trust, Chase Investment Bank and Credit Suisse First
Boston would place the paper.
    Aerospatiale gave no details of the amount of paper to be
issued but said the offering had been rated A1 by Standard and
Poors and /P1 by Moodys, reserved for the best investment
risks.
 Reuter
