KBRA Assigns Ratings to Horizon Bancorp, Inc.
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of BBB, subordinated debt rating of BBB-, and short-term debt rating of K3 for Michigan City, Indiana-based Horizon Bancorp, Inc. (NASDAQ: HBNC) (“the company”). In addition, KBRA assigns deposit and senior unsecured debt ratings of BBB , a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 for the bank subsidiary, Horizon Bank. The Outlook for all long-term ratings is S
KBRA Assigns Ratings to Horizon Bancorp, Inc.
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of BBB, subordinated debt rating of BBB-, and short-term debt rating of K3 for Michigan City, Indiana-based Horizon Bancorp, Inc. (NASDAQ: HBNC) (“the company”). In addition, KBRA assigns deposit and senior unsecured debt ratings of BBB , a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 for the bank subsidiary, Horizon Bank. The Outlook for all long-term ratings is S