Printer Friendly

BANKAMERICA $150 MILLION 7.25 PERCENT SENIOR NOTES RATED 'AA-' BY FITCH -- FITCH FINANCIAL WIRE --

BANKAMERICA $150 MILLION 7.25 PERCENT SENIOR NOTES RATED 'AA-' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, Jan. 29 /PRNewswire/ -- BankAmerica Corp.'s newly offered $150 million issue of 7.25 percent senior notes due Feb. 1, 1997, is rated "AA-" by Fitch.
 BankAmerica enjoys a high level of liquidity, with cash and near-cash items currently totaling about $2.5 billion. During 1991, BankAmerica's capital ratios showed significant growth from levels which were already above peers. The corporation's leverage ratio stood at 6.90 percent at the end of 1991, compared to 5.50 percent a year earlier. As of Dec. 31, 1991, the risk-adjusted Tier I capital ratio was a strong 7.20 percent.
 -0- 1/29/92
 /CONTACT: Fred W. DeBussey of Fitch, 212-908-0521/
 (BAC) CO: BankAmerica Corp. ST: California IN: FIN SU: RTG


GK -- NY065 -- 4821 01/29/92 14:41 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 29, 1992
Words:145
Previous Article:NALCO REPORTS RECORD FOURTH QUARTER AND YEAR SALES/EARNINGS
Next Article:DEL WEBB CORPORATION OPTIONS LAND NEAR AUSTIN, TEXAS
Topics:


Related Articles
FLEET/NORSTAR $150 MILLION 9 PERCENT SUBORDINATED NOTES RATED 'A-' BY Fitch -- FITCH FINANCIAL WIRE --
BANKAMERICA $300 MILLION 8.125 PERCENT SUBORDINATED DEBENTURES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
BANKAMERICA $250 MILLION 8.375 PERCENT SUBORDINATED NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
REPUBLIC NEW YORK $150 MILLION 7.75 PERCENT SUBORDINATE NOTES RATED 'AA-' BY FITCH -- FITCH FINANCIAL WIRE --
BANKAMERICA $500 MILLION 7.75 PERCENT SUBORDINATED NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
REPUBLIC NY CORP. $250 MIL. 7.25 PERCENT SUB. NOTES RATED 'AA-' BY FITCH --FITCH FINANCIAL WIRE (FFW)--
BANKAMERICA'S $350 MILLION 6 PERCENT SENIOR NOTES RATED 'AA-' BY FITCH -- FITCH FINANCIAL WIRE --
BANKAMERICA $3 BILLION DEBT, PREFERRED SHELF RATED BY FITCH -- FITCH FINANCIAL WIRE --
CHEMICAL BANKING $300 MILLION 7.25 PERCENT SUBORDINATED NOTES 'A-' BY FITCH -- FITCH FINANCIAL WIRE --
BANKERS TRUST $150 MILLION SUBORDINATED NOTES RATED 'AA-' BY FITCH -- FITCH FINANCIAL WIRE --

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters