COUPON ON MITSUBISHI WARRANT BOND CUT
The coupon on the 300 mln dlr equity
warrant bond deal for Mitsubishi Estate Co Ltd has been cut to
three pct from the 3-1/4 pct initially indicated, Nikko
Securities Co (Europe) Ltd said as lead manager of the deal.
    Exercise price for the warrants has been fixed at yen 2,817
representing a 2.53 pct premium over the latest Tokyo close
adjusted for a free share issue this month.
    Foreign exchange fix is yen 154.65/dlr and payment date on
the deal is March 20.
 REUTER
