NY -- Standard&Poor's CreditWire 10/18/95 -- Standard&Poor's affirms its single-`B'-plus subordinated debt rating on Fidelity National Financial Inc. and removes the rating from CreditWatch, where it was placed May 9, 1994. The rating outlook is now developing, given its planned acquisition of Nations Title Co. and restructuring of existing subsidiaries. The rating originally was placed on CreditWatch with negative implications, following Fidelity's unfriendly tender offer for U.S. Facilities, a property-casualty reinsurer. The company has discontinued its attempt to acquire U.S. Facilities. Fidelity is a holding company whose principal operating subsidiaries are engaged in the business of title-insurance. The debt rating is based on the company's consistent long-run operating results stemming from the lower-risk profile of its
