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BANKAMERICA'S $350 MILLION 6.875 PERCENT SUBORDINATED NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, May 27 /PRNewswire/ -- BankAmerica Corp.'s newly issued $350 million of 6.875 percent subordinated notes, due June 1, 2003, are rated 'A+' by Fitch. The credit trend is stable.
 BankAmerica's core profitability is growing, and further enhancement is expected from additional savings in overhead expenses from the acquisition of Security Pacific Corp. Fitch expects the corporation will exceed its target of $1.25 billion for these savings on an annualized basis in 1994.
 -0- 5/27/93
 /CONTACT: Fred W. DeBussey of Fitch, 212-908-0521/
 (BAC)


CO: BankAmerica Corp. ST: California IN: FIN SU: RTG

PS -- NY047 -- 2913 05/27/93 11:38 EDT
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Publication:PR Newswire
Date:May 27, 1993
Words:106
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