Fitch Ratings has downgraded Mellon Capital IV to 'BBB' from 'BBB+' and removed it from Rating Watch Negative following its remarketing into a perpetual non-cumulative preferred stock consistent with Fitch's criteria 'Rating Bank Regulatory Capital Securities' dated Dec. 15, 2011.
Additional information is available at 'www.fitchratings.com'.
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Fitch Ratings
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Christopher Wolfe, +1
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Managing Director
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Joe
Scott, +1 212-908-0624
Senior Director
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Joo-Yung Lee, +1 212-908-0560
Managing Director
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Brian Bertsch, +1 212-908-0549
Email: brian.bertsch@fitchratings.com