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NY TELEPHONE $200 MILLION 6.5 PERCENT NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, Feb. 25 /PRNewswire/ -- New York Telephone Co.'s new issue of $200 million 6.5 percent notes due March 1, 2005, is rated 'A+' by Fitch. The credit trend is improving. Proceeds of the offering will be used to refund outstanding long-term debt.
 New York Telephone is the largest telephone operating subsidiary of NYNEX Corp.
 -0- 02/25/93
 /CONTACT: Tim Cain, 212-908-0587, or Ken Alterman, 212-908-0563, both of Fitch/
 (NYN)


CO: New York Telephone Co. ST: New York IN: TLS SU: RTG

AH -- NY085 -- 0538 02/25/93 16:08 EST
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Publication:PR Newswire
Date:Feb 25, 1993
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