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Moody’s continues KeyCorp, First Niagara reviews
Moody's Investors Service said it is continuing to review the ratings of KeyCorp and its lead bank subsidiary, Key Bank NA, and those of First Niagara Financial Group, Inc. and its lead bank subsidiary, First Niagara Bank, NA.
The review continues pending the completion of the acquisition by Key of First Niagara. The review was initiated on Oct. 30, 2015 following the announcement that Key agreed to acquire First Niagara in a stock and cash transaction.
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