• Ratings Details

  • Subsidiaries

  • Ratings Scale

  •   Moody's
    Long-Term Issuer A3 (Negative) 4/21/2023
  • Moody's
    Old National Bank
    Certificate of Deposit Aa3 (Negative) 4/21/2023

    Issuer Ratings is Moody’s only. A security rating is not a recommendation to buy, sell or hold securities and should be evaluated independently of any other rating. The rating is subject to revision or withdrawal at any time by the assigning rating organization.

  • Long-Term Ratings

    Moody's
    Highest Quality
    (P)Aaa Aaa
    High Quality
    Aa1 (P)Aa1 (P)Aa2 Aa2 Aa3 (P)Aa3
    Upper-Medium Quality
    (P)A1 A1 A2 (P)A2 (P)A3 A3
    Medium-Grade Quality
    Baa1 (P)Baa1 (P)Baa2 Baa2 Baa3 (P)Baa3
    Substantial Risk
    (P)Ba1 Ba1 Ba2 (P)Ba2 (P)Ba3 Ba3
    High Risk
    B1 (P)B1 (P)B2 B2 B3 (P)B3
    Very High Risk
    (P)Caa1 Caa1 Caa2 (P)Caa2 (P)Caa3 Caa3
    Highly Speculative
    (P)Ca Ca
    Default
    C (P)C

    Short-Term Ratings

    Moody's
    Superior
    (P)MIG 1 (P)P-1 (P)VMIG 1 MIG 1 P-1 VMIG 1
    Strong
    VMIG 2 P-2 MIG 2 (P)VMIG 2 (P)P-2 (P)MIG 2
    Acceptable
    (P)MIG 3 (P)P-3 (P)VMIG 3 MIG 3 P-3 VMIG 3
    Not Prime
    NP (P)NP

    Financial Strength Ratings

    Moody's
    Exceptional Security
    Aaa
    Excellent Security
    Aa1 Aa2 Aa3
    Good Security
    A1 A2 A3
    Adequate Security
    Baa1 Baa2 Baa3
    Questionable Security
    Ba1 Ba2 Ba3
    Poor Security
    B1 B2 B3
    Very Poor Security
    Caa1 Caa2 Caa3
    Extremely Poor Security
    Ca C

    Issuer Ratings is Moody’s only. A security rating is not a recommendation to buy, sell or hold securities and should be evaluated independently of any other rating. The rating is subject to revision or withdrawal at any time by the assigning rating organization.