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Mark IV Industries Debt On RatingAlert-Evolving By Fitch IBCA

24 January 2000

Mark IV Industries Debt On RatingAlert-Evolving By Fitch IBCA

    NEW YORK--Jan. 21, 2000--Mark IV Industries Inc.'s `BBB-` senior subordinated debt and `BBB' bank loan ratings are placed on RatingAlert-Evolving which means that the ratings could be raised, lowered, or remain unchanged.
    This action follows the company's announcement that it hired Bear, Stearns & Co. to help it arrange a sale or merger of the company to unlock shareholder value.
    Mark IV Industries, Inc., headquartered in Amherst, NY, is a diversified producer of a broad range of proprietary and other power and fluid transfer products and systems for the automotive and industrial markets.