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S&P delivers Heartland an early Christmas present

Thursday 8th of December 2011

S&P also affirmed Heartland's BBB- credit rating. It is also suggesting if Heartland gains the banking license it is seeking, it may upgrade the rating further, although it says it doesn't expect an upgrade in the short term.

Other upgrade triggers could be an improvement in Heartland's deposit reinvestment experience - it averaged 74% at October 31 - and "evidence of its ability to...

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