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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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