KBRA Assigns Ratings to Valley National Bancorp
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 K2 to Wayne, New Jersey based Valley National Bancorp (NASDAQ: VLY) (“the company”). Additionally, KBRA assigns deposit and senior unsecured debt ratings of A-, a subordinated debt rating of BBB , and short-term deposit and debt ratings of K2 to lead subsidiary, Valley National Bank. The Outlook for all long-term ratings is Sta
KBRA Assigns Ratings to Valley National Bancorp
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 K2 to Wayne, New Jersey based Valley National Bancorp (NASDAQ: VLY) (“the company”). Additionally, KBRA assigns deposit and senior unsecured debt ratings of A-, a subordinated debt rating of BBB , and short-term deposit and debt ratings of K2 to lead subsidiary, Valley National Bank. The Outlook for all long-term ratings is Sta