Printer Friendly

ITT FINANCIAL $125 MILLION 9.375 PERCENT NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

 ITT FINANCIAL $125 MILLION 9.375 PERCENT NOTES RATED 'A+' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, Dec. 5 /PRNewswire/ -- ITT Financial Corp.'s $125 million 9.375 percent notes due Dec. 15, 2001 are rated "A+" by Fitch, it was anounced today. The rating reflects ITT Financial's strong balance sheet and parent support from ITT Corp. Though delinquencies have finally started to trend downward, profitability continues to be negatively impacted by high provision levels.
 -0- 12/6/91
 /CONTACT: Nancy E. Stroker, CFA of Fitch, 212-908-0533/
 (ITT) CO: ITT Financial Corp. ST: New York IN: FIN SU: RTG


TS -- NY013 -- 0012 12/06/91 10:03 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Dec 6, 1991
Words:108
Previous Article:LAWSUIT FILED AGAINST TIGERA GROUP
Next Article:DELTA AIR LINES REPORTS NOVEMBER TRAFFIC GROWTH
Topics:


Related Articles
COMMERCIAL CREDIT $100 MILLION 6.25 PERCENT SENIOR NOTES RATED 'A+' -- FITCH FINANCIAL WIRE --
COMMERCIAL CREDIT $200 MILLION 6-3/8 PERCENT SENIOR NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
GMAC $500 MILLION 7.75 PERCENT NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
GREYHOUND FINANCIAL $125 MILLION 8.5 PERCENT SENIOR NOTES RATED 'A' BY FITCH -- FITCH FINANCIAL WIRE --
BANKERS TRUST $100 MILLION PREFERRED RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
HOUSEHOLD FINANCE $150 MILLION NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
ITT FINANCIAL $100 MILLION 7.25 PERCENT NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
HOUSEHOLD FINANCE $150 MILLION 7.75 PERCENT NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
COMMERCIAL CREDIT $150 MILLION 6.7 PERCENT SENIOR NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE
ITT FINANCIAL $100 MILLION NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters