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HOUSEHOLD FINANCE $100 MILLION NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

 HOUSEHOLD FINANCE $100 MILLION NOTES RATED 'A+' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, June 8 /PRNewswire/ -- Household Finance Corp.'s $100 million notes due June 15, 1993, are rated 'A+' by Fitch. The notes will bear interest at a floating rate 15 basis points above the 'AA' commercial paper composite rate. The rating reflects an expected easing of earnings pressure for Household, which announced its planned exit of certain commercial business lines earlier this year. Household's consumer business remains healthy. Once economic conditions in the U.S. and Canada begin to improve, better profitability is expected.
 -0- 6/8/92
 /CONTACT: Nancy E. Stroker, 212-908-0533, or Valerie Gerard, 212-908-0577, both of Fitch/ CO: Household Finance Corp. ST: Illinois IN: FIN SU: RTG


SH -- NY057 -- 7980 06/08/92 13:40 EDT
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Publication:PR Newswire
Date:Jun 8, 1992
Words:132
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