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S&P: Trustmark view negative
Standard & Poor's said it revised its outlook on Trustmark Corp. and its principal banking subsidiary, Trustmark National Bank, to negative from stable.
The agency said it also affirmed its BBB+ and A- long-term issuer credit ratings on Trustmark and Trustmark National, respectively.
"The outlook revision mostly reflects our view of the BancTrust acquisition's negative effect on Trustmark's capital," said S&P credit analyst Kevin Cole in a news release.
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