Susquehanna Bank -- Moody's upgrades Susquehanna (senior to Baa2); outlook stable

New York, August 21, 2014 -- Moody's Investors Service has today upgraded the long-term ratings of Susquehanna Bancshares, Inc. and its subsidiaries, including its bank subsidiary, Susquehanna Bank. The holding company's senior debt rating was upgraded to Baa2 from Baa3. The bank's standalone bank financial strength rating was affirmed at C-. Its standalone Baseline Credit Assessment was changed to baa1 from baa2, and its long-term deposit rating was upgraded to Baa1 from Baa2. The bank's short-term rating was affirmed at Prime-2. Following the rating action, the outlook on all ratings is stable. This rating action concludes Moody's review for upgrade that began on 25 June 2014.

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