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CHRYSLER FINANCIAL CREDIT TREND CHANGED TO 'STABLE' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, March 3 /PRNewswire/ -- Chrysler Financial Corp.'s "BB+" senior debt and "BB" subordinated debt is affirmed and its credit trend changed to stable from uncertain by Fitch.
 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- 3/3/93
 /CONTACT: Nancy E. Stroker of Fitch, 212-908-0533/
 (C)


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

GK -- NY041 -- 2429 03/03/93 11:50 EST
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Publication:PR Newswire
Date:Mar 3, 1993
Words:112
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