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Prospect News home > News index > List of issuers E > Headlines for E*Trade Financial Corp. > News item
Published on 2/21/2020 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily, Prospect News High Yield Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Moody's reviews E*Trade for upgrade

Moody's Investors Service said it placed all of E*Trade Financial Corp.'s ratings on review for upgrade, including its Baa2 long-term issuer and senior unsecured ratings. Moody's also affirmed E*Trade Bank's baa1 baseline credit assessment and placed the remainder of E*Trade Bank's ratings on review for upgrade.

The review follows the announcement E*Trade entered a definitive agreement to be acquired by Morgan Stanley in an all-stock transaction valued at around $13 billion.


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