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RHONE-POULENC S.A. WILL ISSUE $500 MILLION OF NOTES

 RHONE-POULENC S.A. WILL ISSUE $500 MILLION OF NOTES
 PARIS, Oct. 8 /PRNewswire/ -- Rhone-Poulenc S.A. (NYSE: RPPrC,


RPPrA, RPU, RPWS) will issue $500 million of 6.75 percent notes, due Oct. 15, 1999, in the U.S. market. The notes were priced today at a fixed price of 99.337 percent plus accrued interest to yield 6.87 percent, a spread of 87 basis above the comparable U.S. Treasury's seven-year notes.
 The offering of notes will be lead managed by Lehman Brothers. The notes will be listed on the New York Stock Exchange under the symbol RP 99. Rhone-Poulenc expects to use the net proceeds from the sale of the notes for general corporate purposes, including the increase of working capital and the repayment of short-term indebtness.
 -0- 10/8/92
 /CONTACT: Mr. Arvind Sood, director of investor relations of Rhone- Poulenc, 908-821-3487/
 (RPU) CO: Rhone-Poulenc S.A. ST: Paris IN: HEA SU: OFR


TM-AH -- NY098 -- 8054 10/08/92 16:30 EDT
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Publication:PR Newswire
Date:Oct 8, 1992
Words:165
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