KBRA Releases Surveillance Report for German American Bancorp, Inc.
15 Sep 2023 | New York
On June 15, 2023, KBRA affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Jasper, IN-based German American Bancorp, Inc. (NASDAQ: GABC) (“the company”). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of A-, the subordinated debt rating of BBB+, and the short-term deposit and debt ratings of K2 for German American Bank, the lead subsidiary. The Outlook for all long-term ratings Stable.
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