In Brief: $250M Norwest Issue Gets Double-A Ratings

NEW YORK - Norwest Corp. issued $250 million notes due Oct. 12, 1998, said lead manager Salomon Brothers.

The notes have a 6% coupon and were priced at 99.886 to yield 6.042% or 23 basis points over comparable U.S. Treasuries.

Noncallable for life, the notes are rated Aa3 by Moody's Investors Service Inc. and AA-minus by Standard & Poor's Ratings Group.

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