HELABA UNIT ISSUES LUXEMBOURG FRANC PLACEMENT
Helaba Luxembourg Hessische
Landesbank International has issued a 300 mln Luxembourg franc,
seven-year private placement with a coupon of 7.5 pct and
priced at par, lead manager Banque Generale du Luxembourg said.
    A spokesman said the issue had already been placed in full.
Fees total 1-3/4 pct, with 1-1/2 pct for co-managers. The
management group includes Banque Paribas (Luxembourg),
Kredietbank SA Luxembourgeoise and Banque de Luxembourg SA.
    The borrower is an affiliate of West Germany's Hessische
Landesbank Girozentral
 REUTER
