20.12.2013 18:05:00
|
First Niagara Bank, N.A. -- Moody's places First Niagara (senior at Baa2) on review for downgrade
New York, December 20, 2013 -- Moody's Investors Service placed the Baa2 long-term issuer rating of First Niagara Financial Group, Inc. (FNFG) on review for downgrade. The Baa1 long-term deposit rating of First Niagara Bank, N.A., FNFG's lead bank subsidiary, is also placed on review for downgrade. The bank's C- standalone bank financial strength rating and Prime-2 rating for short-term obligations were affirmed.