Article: Fitch Rates Spear, Leeds & Kellogg L.P. Senior Notes 'A-'.

Business Editors

NEW YORK--(BUSINESS WIRE)--Aug. 7, 2000

Fitch has rated the senior unsecured debt offering of co-obligors of Spear, Leeds & Kellogg LP (Spear Leeds) and SLK Capital Corporation (SLK Capital) `A-'. Spear Leeds & Kellogg LP owns 100% of SLK Capital, which was created to issue these notes. Spear Leeds conducts business as a specialist and market-maker on the NYSE and AMEX, as a market-maker on the NASDAQ as well as clearing operations for equities and options accompanied by some proprietary trading activities.

Fitch's ratings of SLK Capital and Spear Leeds are based on the firm's substantial strength in industry franchises of ...

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