NORSK HYDRO ISSUES 100 MLN DLR BOND
Norsk Hydro is issuing a 100 mln dlr
bond due April 9, 1997 carrying a coupon of 8-1/4 pct and
priced at 101-5/8, said Swiss Bank Corp International as lead
manager.
    The issue is non-callable and will be listed on the London
Stock Exchange. Payment date is April 9.
    Fees for the issue include a 1-1/4 pct selling concession
and a 3/4 pct combined management and underwriting fee.
    The securities are available in denominations of 5,000 dlrs
each. They are priced to yield 97 basis points over 10-year
U.S. Treasury notes.
 REUTER
