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BANKAMERICA $300 MILLION 8.125 PERCENT SUBORDINATED DEBENTURES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

 BANKAMERICA $300 MILLION 8.125 PERCENT SUBORDINATED DEBENTURES
 RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
 NEW YORK, Jan. 21 /PRNewswire/ -- BankAmerica Corp.'s newly offered $300 million issue of 8.125 percent subordinated debentures, due Feb. 1, 2002 is rated 'A+' by Fitch.
 BankAmerica enjoys a high level of liquidity, with cash and near-cash items currently totaling about $2.5 billion. A portion of these funds is expected to be used to replace some of the higher-cost borrowings of Security Pacific Corp. following its acquisition by BankAmerica in the second quarter.
 During 1991, BankAmerica's capital ratios showed significant growth from levels which were already above peers. The corporation's leverage ratio stood ato was a strong 7.20 percent.
 -0- 1/21/92
 /CONTACT: Fred W. DeBussey of Fitch, 212-908-0521/
 (BAC) CO: BankAmerica Corp. ST: California IN: FIN SU: RTG


JT -- NY093 -- 1902 01/21/92 13:40 EST
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Publication:PR Newswire
Date:Jan 21, 1992
Words:148
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