Fleet Financial Group issued $200 million of 5.625% senior notes at a price of 99.652 to yield 5.75%. The notes will mature July 1, 1995, and are not redeemable before maturity.

The company said it intends to use the proceeds for general corporate purposes, principally to fund extensions of credit to or investments in its subsidiaries. The issue was managed by Merrill Lynch Capital Markets, Salomon Brothers Inc., and Shearson Lehman Brothers Inc.

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