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RIO GRANDE RESOURCES TRUST 'F-1' COMMERCIAL PAPER RATING WITHDRAWN BY FITCH -- FITCH FINANCIAL WIRE --

RIO GRANDE RESOURCES TRUST 'F-1' COMMERCIAL PAPER RATING WITHDRAWN BY
 FITCH -- FITCH FINANCIAL WIRE --
 NEW YORK, Feb. 19 /PRNewswire/ -- Rio Grande Resources Trust's "F-1" commercial paper rating is withdrawn by Fitch. The CP was based upon a 100 percent standby letter of credit issued by Security Pacific National Bank.
 Rio Grande Resources Trust, a New York trust, was set up by El Paso Electric Co. (ELPA), a Texas corporation, in 1979. ELPA filed for Chapter 11 bankruptcy protection on Jan. 8, 1992. There is currently no commercial paper outstanding.
 -0- 2/19/92
 /CONTACT: J. Douglas Murray or David R. Howard of Fitch, 212-908-0500/ CO: Rio Grande Resources Trust ST: IN: SU: RTG SH -- NY071 -- 0571 02/19/92 15:41 EST
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Publication:PR Newswire
Date:Feb 19, 1992
Words:122
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