Black and Decker Corp is raising 100mln dlrs via an offering of notes due 1997 yielding 8.40 pct,
said lead manager First Boston Corp.
    The notes have an 8-3/8 pct coupon and were priced at 99.83
to yield 86 basis points over comparable Treasury securities.
    Non-callable for seven years, the issue is rated Baa-2 by
Moody's Investors Service Inc and A-minus by Standard and
Poor's Corp.  Salomon Brothers Inc co-managed the deal.
 Reuter
