KBRA Assigns Ratings to Park National Corporation
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 for Newark, Ohio-based Park National Corporation (NYSE: PRK) (“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 Park National Bank, the lead subsidiary. The Outlook for all long-term ratings
KBRA Assigns Ratings to Park National Corporation
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 for Newark, Ohio-based Park National Corporation (NYSE: PRK) (“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 Park National Bank, the lead subsidiary. The Outlook for all long-term ratings