E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/4/2012 in the Prospect News Investment Grade Daily.

Moody's: Trustmark view negative

Moody's Investors Service said it affirmed the ratings of Trustmark Corp. and its operating bank subsidiary, Trustmark National Bank, and changed the outlook to negative from stable.

Moody's said the affirmation of the ratings and the negative outlook on Trustmark is in response to Trustmark's announcement that it signed a definitive agreement to acquire BancTrust Financial Group, Inc. of Mobile, Ala.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.