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CHRYSLER FINANCIAL $2 BILLION SENIOR DEBT SHELF RATED 'BB+' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, April 6 /PRNewswire/ -- Chrysler Financial Corp.'s $2 billion shelf registration is rated 'BB+' for senior debt by Fitch. The credit trend is stable. With the completed sale of Chrysler First to NationsBank and improved liquidity and funding access, Chrysler Financial's future earnings should be consistent at somewhat lower levels. The earning asset base has shrunk significantly over the past year due to asset sales, but the balance sheet is stronger than it has ever been.
 -0- 4/6/93
 /CONTACT: Nancy E. Stroker, CFA of Fitch, 212-908-0533/
 (C)


CO: Chrysler Financial Corp.; Chrysler Corp. ST: Michigan IN: AUT SU: RTG

PS -- NY021 -- 3358 04/06/93 10:10 EDT
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Publication:PR Newswire
Date:Apr 6, 1993
Words:112
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