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MERRILL LYNCH $150 MILLION 8.3 PERCENT NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

 MERRILL LYNCH $150 MILLION 8.3 PERCENT NOTES RATED 'A+' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, April 22 /PRNewswire/ -- Merrill Lynch & Co., Inc.'s $150 million 8.3 percent notes due Nov. 1, 2002, are rated 'A+' by Fitch.
 The rating reflects the company's improved profitability and higher net income, continued improvement in overhead expense control and enhanced asset quality through better risk controls. Strong earnings for 1991 of $696.1 million were represented across all of Merrill Lynch's core businesses. The company has improved its overall risk management and has a strong capital discipline.
 Merrill Lynch continues to maintain substantial liquidity at the parent company as well as its operating subsidiaries.
 -0- 4/22/92
 /CONTACT: Nancy E. Stroker of Fitch, 212-908-0533/
 (MER) CO: Merrill Lynch & Co. ST: New York IN: FIN SU: RTG


AH -- NY049 -- 1242 04/22/92 12:00 EDT
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Publication:PR Newswire
Date:Apr 22, 1992
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