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CHRYSLER FINANCIAL $250 MILLION 6 PERCENT SENIOR NOTES RATED 'BB+' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, April 6 /PRNewswire/ -- Chrysler Financial Corp.'s $250 million 6 percent senior notes due April 15, 1996 are rated "BB+" 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. ST: Michigan IN: FIN SU: RTG

TS -- NY055 -- 3522 04/06/93 15:30 EDT
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Publication:PR Newswire
Date:Apr 6, 1993
Words:113
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