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Published on 3/31/2011 in the Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

DBRS confirms KeyCorp

DBRS Inc. said it confirmed the ratings for KeyCorp and its subsidiaries, including KeyCorp's issuer and senior debt rating of BBB (high) and short-term instruments rating of R-2 (high).

The trend remains stable.

The action follows a review of the company's operating results, financial fundamentals and future prospects, DBRS said.

The ratings are supported by a community-focused commercial banking franchise with a historically diverse, yet relatively stable revenue base, the agency said.


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