New York, January 26, 2016 -- Moody's Investors Service has affirmed the ratings of Huntington Bancshares Incorporated and its subsidiaries, including Huntington National Bank (collectively Huntington). This action follows the announcement that Huntington has agreed to acquire FirstMerit Corporation in a stock and cash transaction expected to close in the third-quarter 2016. Huntington National Bank is rated Aa3 and Prime-1 for long- and short-term bank deposits, respectively, A3 for senior unsecured debt, and Baa1 for subordinated debt. It has a standalone baseline credit assessment (BCA) of a3, adjusted BCA of a3, and long-term counterparty risk (CR) assessments of A2(cr)/Prime-1(cr). Huntington Bancshares Incorporated is rated Baa1 for senior unsecured and subordinated debt and Baa3 (hyb) for noncumulative preferred stock.

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