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CONSECO, INC. SENIOR SUBORDINATED DEBT UPGRADED TO 'BBB' BY DUFF & PHELPS

 CHICAGO, Jan. 26 /PRNewswire/ -- Duff & Phelps Credit Rating Co. has upgraded the senior subordinated debt rating of Conseco from "BB" (Double-B) to "BBB" (Triple-B).
 The rating change reflects the completion of the $278.5 million convertible preferred stock issuance announced in December. In conjunction with the upgrade, the senior subordinated rating is removed from Rating Watch. On Jan. 18, 1993, Duff & Phelps rated the convertible preferred stock issue "BBB-" (Triple-B-Minus) and placed the senior subordinated debt rating on Rating Watch - Favorable.
 -0- 1/26/93
 /CONTACT: Julie A. Burke of Duff & Phelps, 312-368-3158/
 (CNC)


CO: Conseco Inc. ST: Indiana IN: INS SU: RTG

GK -- NY090 -- 9167 01/26/93 14:43 EST
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Publication:PR Newswire
Date:Jan 26, 1993
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