Article: FINANCIAL FEDERAL CP PROGRAM AFFIRMED 'F-2' BY FITCH -- FITCH FINANCIAL WIRE --

NEW YORK, June 14 /PRNewswire/ -- Financial Federal Credit, Inc.'s (FFCI) 'F-2' commercial paper program is affirmed by Fitch. The company's ability to meet senior obligations is affirmed 'BBB.' The affirmations are in response to FFCI's increase in its commercial paper program from $100 million to $200 million. As of June 11, 1996, FFCI had $91 million of public commercial paper outstanding. The credit trend is stable.

The ratings reflect the company's strong operating performance since inception with good profitability and sound asset quality. Additionally, FFCI's parent, Financial Federal Corp. (FIF), received net proceeds of over $26 million from a secondary ...

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