06.06.2016 23:28:00

Waddell & Reed Financial, Inc. -- Moody's downgrades Waddell & Reed Financial's issuer rating to Baa3, maintains negative outlook

New York, June 06, 2016 -- Moody's Investors Service, ("Moody's") has downgraded the issuer rating of Waddell & Reed Financial, Inc. (Waddell & Reed) to Baa3 from Baa2. The outlook remains negative.

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