FEDERAL INDUSTRIES PAPER ISSUE JUST IN CANADA
Federal Industries Ltd's
earlier announced commercial paper issue of up to 440 mln dlrs,
will be made only in Canada, a company spokesman said.
    The issue currently underway is expected to be completed
within the next few weeks.
    The final amount of the issue depends on market conditions,
but will likely be close to 400 mln dlrs, the spokesman said.
 Reuter
