19.09.2016 19:01:00
|
Regions Bank -- Moody's Reviews Regions Financial Corporation (Baa3 Senior Unsecured) For Upgrade
New York, September 19, 2016 -- Moody's Investors Service placed certain ratings of Regions Financial Corporation (Regions) on review for upgrade. These ratings include Regions' Baa3 senior unsecured, issuer, and subordinated debt ratings, its Ba2 (hyb) rating on noncumulative preferred stock, and its short-term issuer rating of Prime-3. At Regions Bank, the baa2 standalone baseline credit assessment, A3 long-term and Prime-2 short-term deposit ratings, Baa3 senior unsecured and subordinate debt ratings, and Baa1(cr) counterparty risk assessment (CR assessment) were also placed on review for upgrade. The bank's Prime-2 (cr) short-term CR assessment was affirmed.