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BRIDGESTONE/FIRESTONE MASTER TRUST SERIES 1992-B CLASS A 'F-1' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, Feb. 12 /PRNewswire/ -- Firestone Retail Credit Corporation's Bridgestone/Firestone Master Trust (BFMT) $200 million Class A Remarketed Accounts Receivable Certificates (REMARCs) Series 1992-B are rated "F-1" by Fitch. Firestone Retail Credit Corporation, (FRCC) a Massachusetts corporation, is a nominally capitalized special purpose corporation organized for the limited purpose of purchasing, owning and selling receivables.
 The "F-1" rating is based upon the quality of the private label credit card receivables, the initial 16 percent credit enhancement provided by the subordination of the Class B certificates, and the provisions for increasing the credit enhancement to 18 percent through, among other things, the subordination of principal collections allocable to FRCC and deposits into a reserve account and the liquidity support provided by The First National Bank of Chicago and Citibank, N.A. which are rated "F-1" and "F-1+", respectively. Class B initially will by retained by FRCC and is unrated.
 The credit card receivables are generated under a private label credit card program established by Society National Bank and are sold to FRCC and transferred to BFMT. The receivables, which initially totalled $424 million, consist of amounts charged by cardholders who are customers of Bridgestone/Firestone, Inc. (B/F) stores which sell tires, car maintenance and repair products and services and of dealers and marketers selling B/F tires and related products. There are over 1,500 B/F operated tire and automotive service centers and B/F is a major supplier of tires to several thousand independent dealer outlets.
 Interest will accrue on each REMARC at a rate and for a period determined by FRCC and the remarketing agents, Citibank, N.A. and Goldman, Sachs & Co., during remarketing of the certificates. The maturities will be between 1 and 90 days. During the revolving period, maturing REMARCs will be repaid by proceeds of remarketing or under certain circumstances from funding provided by the banks. Principal allocable to the Class A REMARCs will be reinvested in new receivables transferred to the trust. After the revolving period, which is scheduled to end in October of 2001, principal will be distributed to REMARC holders. The revolving period may be extended in one year increments eight times.
 On Dec. 2, 1992, FRCC issued $238,095,238 Series 1992-A asset-backed certificates from BFMT. Series 1992-A is a fixed rate series with two classes. Class A should begin paying principal to investors in June 1995. Class B has been retained by FRCC. Series 1992-A was rated "AAA" by Fitch.
 Bridgestone/Firestone, Inc. is the servicer for all receivables in the trust. B/F has obtained a servicer letter of credit from The Sumitomo Bank, Limited, New York branch, in favor of the trustee to secure timely remittance of collections by B/F to the trustee.
 -0- 2/12/93
 /CONTACT: Gracen Fraser, 212-908-0520, or J. Douglas Murray, 212- 908-0518, both of Fitch/


CO: Bridgestone/Firestone Master Trust ST: IN: SU: RTG

TS -- NY045 -- 6246 02/12/93 15:28 EST
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Date:Feb 12, 1993
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