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HOUSEHOLD FINANCE $150 MILLION PREFERRED SHELF RATED 'A' BY FITCH -- FITCH FINANCIAL WIRE --

 HOUSEHOLD FINANCE $150 MILLION PREFERRED SHELF RATED 'A' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, June 19 /PRNewswire/ -- Household Finance Co.'s $150 million preferred stock shelf registration is rated 'A' by Fitch. 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- 6/19/92
 /CONTACT: Nancy E. Stroker, 212-908-0533; or Valerie Gerard, 212-908-0577, both of Fitch/ CO: Household Finance Co. ST: IN: FIN SU: RTG


SB -- NY064 -- 2025 06/19/92 15:40 EDT
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Publication:PR Newswire
Date:Jun 19, 1992
Words:112
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