Joy Technologies Inc is raising 185 mlndlrs through an offering of senior subordinated debentures due
1999 yielding 13.85 pct, said lead manager Kidder, Peabody and
Co Inc.
    The notes have a 13-3/4 pct coupon and were priced at
99.396, Kidder said. The issue is non-callable for five years.
    Moody's rates the debt B-1, compared to a B-minus grade by
Standard and Poor's. Donaldson, Lufkin and Jenrette co-managed
the deal.
 Reuter
