KBRA Assigns Ratings to Washington Trust 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 Westerly, Rhode Island-based Washington Trust Bancorp, Inc. (NASDAQ: WASH) (“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 lead subsidiary, The Washington Trust Company, of Westerly. The
KBRA Assigns Ratings to Washington Trust 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 Westerly, Rhode Island-based Washington Trust Bancorp, Inc. (NASDAQ: WASH) (“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 lead subsidiary, The Washington Trust Company, of Westerly. The