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DUFF & PHELPS PLACES TOWERS HEALTHCARE RECEIVABLES FUNDING CORPORATION II, III, IV, AND V UNDER REVIEW

 CHICAGO, Jan. 29 /PRNewswire/ -- Duff & Phelps Credit Rating Co. has placed the healthcare receivables-backed bonds issued by Towers Healthcare Receivables Funding Corporation (THRFC) II, III, IV and V under review. The current ratings for the four transactions are 'AA+' (Double-A Plus) for THRFC-II and THRFC-III, and 'AA' (Double-A) for THRFC-IV and THRFC-V. The review encompasses compliance with the Trust Indentures for the referenced transactions.
 The receivables in the transactions have performed as expected. Investors have received payments on a timely basis. However, Duff & Phelps is reviewing the actions related to the operation of the activities specified in the Trust Identures.
 -0- 1/29/93
 /CONTACT: Mark A. Tuttle of Duff & Phelps, 312-368-3172/


CO: Towers Healthcare Receivables Funding Corporation ST: IN: SU: RTG

WB -- NY094 -- 0982 01/29/93 17:42 EST
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Publication:PR Newswire
Date:Jan 29, 1993
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