Olympic Co Ltd of Tokyo is issuing 50 mlnSwiss francs of five year notes with an indicated one pct
coupon, lead manager Morgan Stanley said.
    The issue is guaranteed by Mitsubishi Trust and Banking
Corp.
    Terms will be fixed on June 22 with payment due July 9. The
warrant exercise period is from August 3, 1987 until June 30,
1992.
 REUTER
