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ITT FINANCIAL $200 MILLION 7.00 PERCENT NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

   ITT FINANCIAL $200 MILLION 7.00 PERCENT NOTES RATED 'A+' BY FITCH
                       -- FITCH FINANCIAL WIRE --
    NEW YORK, Jan. 9 /PRNewswire/ -- ITT Financial Corp.'s $200 million 7.00 percent senior notes due Jan. 15, 1997 are rated 'A+' by Fitch. The rating reflects ITT Financial's strong balance sheet and parent support from ITT Corp. (NYSE: ITT).  Though delinquencies have finally started to trend downward, profitability continues to be negatively impacted by high provision levels.
                -0-          1/9/92
    /CONTACT: Nancy E. Stroker of Fitch, 212-908-0533/
    (ITT) CO:  ITT Financial Corp. ST:  New York IN:  FIN SU:  RTG SB -- NY068 -- 8335 01/09/92 15:18 EST
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Publication:PR Newswire
Date:Jan 9, 1992
Words:106
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