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BANKAMERICA $500 MILLION SENIOR DEBT OFFERING RATED 'AA-' BY FITCH -- FITCH FINANCIAL WIRE --

BANKAMERICA $500 MILLION SENIOR DEBT OFFERING RATED 'AA-' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, March 11 /PRNewswire/ -- BankAmerica Corp.'s two-part senior debt offering totalling $500 million is rated 'AA-' by Fitch. The two tranches are: $350 million of 7.5 percent notes due March 15, 1997, and $150 million of floating rate notes due March 19, 1995. Interest on the latter notes will float 30 basis points over the three- month LIBOR rate.
 BankAmerica's capital ratios have shown significant improvement during the past 15 months from levels which were already above peers. The corporation continues to enjoy substantial liquidity at all operating levels. Completion of the acquisition of Security Pacific Corp., expected during the second quarter, will create a formidable western regional franchise with important penetration of the stable, core retail deposit base.
 -0- 3/11/92
 /CONTACT: Fred W. DeBussey of Fitch, 212-908-0521/
 (BAC) CO: BankAmerica Corp. ST: California IN: FIN SU: RTG


AH -- NY067 -- 7484 03/11/92 16:42 EST
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Publication:PR Newswire
Date:Mar 11, 1992
Words:165
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