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TRANSAMERICA FINANCE $2 BILLION SHELF REGISTRATION 'A+/A' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, July 14 /PRNewswire/ -- Transamerica Finance Corp.'s $2 billion senior and subordinated shelf registration is rated 'A+/A' by Fitch. The credit trend is stable.
 Transamerica Finance has been proactive in the management of its weaker portfolios. The company returned to a more normalized level of profitability after 1991's net loss due to problems and aggressive reserving actions in the commercial sector. Return on assets totaled 1.89 percent and 1.82 percent for 1992 and the first quarter of 1993, respectively. The company is well diversified in consumer and commercial businesses and enjoys a strong balance sheet as well as support from parent, Transamerica Corp.
 -0- 7/14/93
 /CONTACT: Nancy E. Stroker, 212-908-0533, or Helene L. Moehlman, 212-908-0606, both of Fitch/
 (TA)


CO: Transamerica Finance Corp. ST: IN: FIN SU: RTG

SH -- NY045 -- 1385 07/14/93 12:02 EDT
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Publication:PR Newswire
Date:Jul 14, 1993
Words:144
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