TERMS SET ON NICHIREI FIVE YEAR WARRANT BOND
The coupon on the 100 mln dlr, five year,
equity warrant eurobond for Nicherei Corp has been set at the
indicated 1-3/8 pct, lead manager Nikko Securities Co (Europe)
Ltd said.
    The exercise price was set at 974 yen per share
representing a premium of 2.53 pct over today's closing price
in Tokyo. The foreign exchange rate was set at 147.45 yen to
the dollar.
    A 50 mln dlr, seven year, deal for Nichirei will be priced
later this morning by lead manager Yamaichi International
(Europe) Ltd.
 REUTER
