BRIEF-Moody's cuts KUBC; outlook stable

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Sept 19 | Wed Sep 19, 2012 7:44am BST

Sept 19 (Reuters) - Kansai Urban Banking Corporation (KUBC)

* Moody's downgrades KUBC; outlook stable

The affected ratings are:

Long-term bank deposit rating (domestic and foreign currency): Downgraded to A3 from A2

Senior unsecured shelf registration rating (domestic currency): Downgraded to (P)A3 from (P)A2

Senior subordinated debt rating (domestic currency): Downgraded to Baa1 from A3

Senior subordinated shelf registration rating (domestic currency): Downgraded to (P)Baa1 from (P)A3

Junior subordinated debt rating (domestic currency): Downgraded to Baa2(hyb) from Baa1(hyb)

Junior subordinated shelf registration rating (domestic currency): Downgraded to (P)Baa2 from (P)Baa1

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