Printer Friendly

MERRILL LYNCH $250 MILLION 3-1/2 PERCENT MEDIUM-TERM FLOATING-RATE NOTES 'AA-' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, June 24 /PRNewswire/ -- Merrill Lynch & Co.'s $250 million 3-1/2 percent medium-term floating-rate notes due July 7, 1994 are rated 'AA-' by Fitch. The credit trend is stable.
 The rating reflects increased evidence of improving credit strength due to a more stable revenue base with increased fee income, tighter expense control despite expanding business volumes, reduced principal risk-taking activities, and more tightly controlled credit and market risk positions.
 -0- 6/24/93
 /CONTACT: Teri L. Seelig, 212-908-0638, or Nancy E. Stroker, CFA, 212-908-0533/
 (MER)


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

SH -- NY039 -- 5304 06/24/93 12:06 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 24, 1993
Words:107
Previous Article:KENNETH J. O'DONNELL, PRESIDENT AND CEO OF NEIC RECEIVES NEW JERSEY ENTREPRENEUR OF THE YEAR AWARD
Next Article:TAX BILL TAKES AIM AT EXECUTIVE COMPENSATION, BILL WILL CAP CORPORATE TAX DEDUCTIONS FOR PRICEY CEOS, GIVE SHAREHOLDERS MORE POWER
Topics:


Related Articles
MERRILL LYNCH $300 MILLION 8.25 PERCENT SENIOR NOTES RATED
FITCH WITHDRAWS RATINGS OF EIGHT BANK AND FINANCE COMPANIES -- FITCH FINANCIAL WIRE --
MERRILL LYNCH $250 MILLION NOTES RATED 'AA-' BY FITCH -- FITCH FINANCIAL WIRE --
MERRILL LYNCH SENIOR DEBT RATING UPGRADED TO 'AA' BY FITCH -- FITCH FINANCIAL WIRE --
MERRILL LYNCH $100 MILLION FLOATING-RATE MEDIUM-TERM NOTES DUE 1996 'AA' BY FITCH -- FITCH FINANCIAL WIRE --
MERRILL LYNCH HK$1 BILLION FLOATING RATE NOTES 'AA' BY FITCH
MERRILL LYNCH $250 MILLION NOTES RATED 'AA' BY FITCH -- FITCH FINANCIAL WIRE --
MERRILL LYNCH $250 MIL NOTES RATED 'AA' BY FITCH -- FITCH FINANCIAL WIRE --
Merrill Lynch FF400 Million Senior Notes Due 1998 Rated 'AA' By Fitch -- Fitch Financial Wire --
Fitch Ratings assigns 'AA-' rating to Fifth Third Bancorp's senior notes.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters