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DUFF & PHELPS CREDIT RATING CO. NAMES DAVID L. ROBERTS INTERNATIONAL MARKET ANALYST

 CHICAGO, June 16 /PRNewswire/ -- Duff & Phelps Credit Rating Co. today announced the appointment of David L. Roberts as group vice president and analyst of sovereign ratings in emerging markets.
 In May of this year, Duff & Phelps rated all peso-denominated securities of the United Mexican States 'AA+'. At the same time, the firm gave a preliminary rating of 'BBB' to a new offering of yen- denominated Mexico-issued debt. This was the first time since 1978 that Mexico offered such an issue.
 Prior to joining Duff & Phelps, Mr. Roberts, 45, had been with the Federal Reserve Bank of New York since 1979. Most recently, he was vice president in the banking supervision area.
 A graduate of Rice University, Mr. Roberts is the author or co- author of several scholarly works, including "Latin America's Prospects for Recovery" (FRBNY Quarterly Review, Autumn 1983). He has also made several presentations on foreign exchange and developing country debt to a variety of groups, including the International Monetary Fund Policy and Programming Institute.
 A resident of Ridgewood, N.J., Mr. Roberts will be based in Duff & Phelps' New York office, where he will be responsible for sovereign ratings analysis for emerging markets.
 "We are very please to welcome Dave on board," said Daniel J. Donoghue, Duff & Phelps senior vice president. "His 14 years of experience in the international marketplace will aid in enhancing Duff & Phelps' increasingly strong reputation abroad -- particularly in Latin America."
 "Duff & Phelps has an excellent reputation," said Mr. Roberts. "I'm delighted to be part of what is being more and more recognized as the smartest team in the business. I look forward to helping the firm continue its international expansion, as well as to developing and fostering professional relationships with our colleagues in Mexico and throughout Latin America -- indeed, around the globe."
 Duff & Phelps Credit Rating Co., an internationally recognized credit rating agency, began offering public credit-rating services in 1980. In addition to its offices here and in New York, Duff & Phelps de Mexico, S.A. de C.V. is based in Monterrey with another office in Mexico City. Duff & Phelps has finalized agreements to form new joint venture credit rating agencies in both Chile and Argentina. Duff & Phelps is also a designated rating agency in Japan.
 -0- 6/16/93
 /CONTACT: David Roberts at Duff & Phelps' New York office, 212-908-0221/


CO: Duff & Phelps Credit Rating Co. ST: Illinois, New York IN: SU: PER

LR -- NY021 -- 2526 06/16/93 10:13 EDT
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Publication:PR Newswire
Date:Jun 16, 1993
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