In brief: Norwest $100M Issue Gets AA-Minus Rating

CHICAGO - Duff & Phelps Rating Co. has assigned a AA-minus rating to Norwest Financial's $100 million, 6.25% senior note offering. The notes are noncallable prior to maturity on Dec. 15, 2007.

The rating reflects Norwest Financial's consistent record of superior profitability, sound asset quality, and conservative use of financial leverage, said the rating agency.

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