TIERCO <TIER> SELLS NOTE
Tierco Group INc said it sold at
par to the Kuwait Real Estate INvestment and Management Co its
10 mln dlrs 75. pct senior subordinated note due 1997, together
with warrants to buy 1.1 mln shares of common stock.
    The warrant may be exercised within five years at 9.50 dlrs
per share.
 Reuter
