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BANKAMERICA $250 MILLION 8.375 PERCENT SUBORDINATED NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

BANKAMERICA $250 MILLION 8.375 PERCENT SUBORDINATED NOTES RATED 'A+'
 BY FITCH -- FITCH FINANCIAL WIRE --
 NEW YORK, March 3 /PRNewswire/ -- BankAmerica Corp.'s newly offered $250 million issue of 8.375 percent subordinated notes due March 15, 2002, is rated 'A+' by Fitch.
 BankAmerica enjoys a high level of liquidity, with cash and near- cash items currently totaling about $2.5 billion. A portion of these funds is expected to be used to replace some of the higher-cost borrowings of Security Pacific Corp., following its acquisition by BankAmerica in the second quarter.
 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- 3/3/92
 /CONTACT: Fred W. DeBussey of Fitch, 212-908-0521/
 (BAC) CO: BankAmerica Corp. ST: California IN: FIN SU: RTG


KD -- NY072 -- 4591 03/03/92 15:46 EST
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Publication:PR Newswire
Date:Mar 3, 1992
Words:176
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