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MERRILL LYNCH $225 MILLION 8 PERCENT NOTE OFFERING RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

MERRILL LYNCH $225 MILLION 8 PERCENT NOTE OFFERING RATED 'A+' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, Jan. 28 /PRNewswire/ -- Merrill Lynch & Co.'s issue of $225 million of 8.0 percent senior notes due 2002 is 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 performance for 1991 of $696.1 million was represented across all of Merrill Lynch's core businesses. The company has improved its overall risk management and has a strong capital discipline. Merrill continues to maintain substantial liquidity at the parent company as well as its operating subsidiaries.
 -0- 1/28/92
 /CONTACT: Nancy E. Stroker, CFA, 212-908-0533, or Teri L. Seelig, 212-908-0500, both of Fitch/
 (MER) CO: Merrill Lynch & Co., Inc. ST: New York IN: FIN SU: RTG


JT -- NY077 -- 4326 01/28/92 14:47 EST
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Publication:PR Newswire
Date:Jan 28, 1992
Words:154
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