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Fitch Withdraws The Colonial BancGroup's Ratings

Business Wire
posted: 63 DAYS 2 HOURS AGO

Fitch Ratings has withdrawn the Issuer Default Ratings (IDRs) and outstanding debt ratings for The Colonial BancGroup (CNB) and its subsidiaries as follows:

The Colonial BancGroup, Inc.

--Long-term IDR 'D';

--Short-term IDR 'D';

--Subordinated debt 'C/RR6'

--Individual 'F'.

Colonial Bank

--Long-term IDR 'D';

--Short-term IDR 'D';

--Subordinated debt 'C/RR6';

--Individual 'F'.

Colonial Capital Trust IV

--Preferred stock 'C/RR6'.

CBG Florida REIT

--Preferred stock 'C/RR6'.

Fitch will no longer provide ratings or analytical coverage on CNB or its subsidiaries.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, 'www.fitchratings.com'. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.

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