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MERRILL LYNCH $150 MILLION 6.25 PERCENT SENIOR NOTES 'AA' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, Sept. 30 /PRNewswire/ -- Merrill Lynch & Co.'s $150 million 6.25 percent senior notes due 2008 are rated 'AA' by Fitch. The rating reflects increased credit strength due to a more stable revenue base with higher fee income, tighter expense controls despite expanding business volumes, and more tightly controlled credit and market risk positions, including principal risk-taking activities. The credit trend is stable.
 -0- 9/30/93
 /CONTACT: Teri L. Seelig, 212-908-0638, or Nancy E. Stroker, 212-908-0533, both of Fitch Financial Wire/
 (MER)


CO: Merrill Lynch & Co ST: New York IN: FIN SU: RTG

LD -- NY104 -- 7463 09/30/93 16:26 EDT
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Publication:PR Newswire
Date:Sep 30, 1993
Words:105
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