Commercial Credit Co is raising 150 mlndlrs through an offering of notes due 1997 yielding 8.217 pct,
said lead manager Morgan Stanley and Co Inc.
    The notes have an 8-1/8 pct coupon and were priced at
99.375 to yield 105 basis points more than comparable Treasury
securities.
    Non-callable for life, the issue is rated Baa-2 by Moody's
and BBB-plus by Standard and Poor's. First Boston Corp and
Shearson Lehman Brothers Inc co-managed the deal.
 Reuter
