Moody's assigns A3 to Moneta senior debt

Moody's Investors Service said it assigned an A3 rating to the long-term senior unsecured notes with a stable outlook to be issued by Moneta Money Bank, as.

The senior notes, referred to as senior preferred notes by the issuer, are explicitly designated as senior unsecured obligations of the issuer, ranking pari passu with other senior unsecured obligations, including (junior) deposits and senior to the bank's subordinated debt instruments in both resolution and insolvency.

All other ratings and assessments remain unaffected.

© 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.