FirstMerit Bank, N.A. -- Moody's continues review for downgrade of FirstMerit (senior, A3)

New York, May 25, 2016 -- Moody's Investors Service says that it is continuing to review for downgrade the ratings of FirstMerit Corporation and its lead bank subsidiary, FirstMerit Bank, N.A. (collectively, FirstMerit). The review continues pending the completion of the acquisition of FirstMerit by Huntington Bancshares Incorporated (Huntington, senior Baa1). The review was initiated on 26 January 2016 following the announcement that Huntington agreed to acquire FirstMerit in a stock and cash transaction expected to close in the third quarter of 2016. At that time, Moody's affirmed all the ratings of Huntington and its subsidiaries, including Huntington National Bank, with a stable outlook.

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