New York, November 13, 2014 -- Moody's Investors Service has upgraded its long-term ratings on Synovus Financial Corp. and its bank subsidiary, Synovus Bank. The rating on senior unsecured debt of Synovus Financial Corp. was upgraded to Ba3 from B1. The bank's standalone bank financial strength rating was rasied to D+ from D. Its standalone baseline credit assessment was changed to ba1 from ba2, and its long-term deposit rating was upgraded to Ba1 from Ba2. The bank's Not Prime short-term rating was affirmed. The outlook for all ratings is stable. This rating action concludes Moody's review for upgrade, initiated on 4 September 2014.

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