Exide Corp is raising 135 mln dlrs viaan offering of senior subordinated notes due 1997 yielding
13.01 pct, said sole manager Drexel Burnham Lambert Inc.
    The notes have a 12-7/8 pct coupon and were priced at
99.25, Drexel said.
    The issue is non-callable for three years and
non-refundable for five years. Moody's rates the notes B-2 and
Standard and Poor's rates them B-minus. The gross spread is
33.75 dlrs, the selling concession is 21 dlrs and the
reallowance is 2.50 dlrs.
 Reuter
