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DUFF & PHELPS WITHDRAWS RATINGS FOR BONDS ISSUED BY TOWERS HEALTHCARE RECEIVABLES FUNDING CORPORATION

 CHICAGO, Jan. 29 /PRNewswire/ -- Duff & Phelps Credit Rating Co. has withdrawn its rating for the first bonds issued by Towers Healthcare Receivables Funding Corporation ("THRFC"). The rating addressed only the initial two-year revolving period for the first $56,500,000 of bonds issued by THRFC which ended July 15, 1992. The withdrawal does not effect the ratings for the bonds issued by Towers Healthcare Receivables Funding Corporation II, III, IV, or V.
 -0- 1/29/93
 /CONTACT: Mark A. Tuttle of Duff & Phelps, 312-368-3172/


CO: Towers Healthcare Receivables Funding Corporation ST: IN: SU: RTG

KD -- NY095 -- 0977 01/29/93 17:37 EST
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Publication:PR Newswire
Date:Jan 29, 1993
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