Frankfurt am Main, April 23, 2013 -- Moody's Investors Service has today downgraded by one notch the long-term senior debt and deposit ratings of Commerzbank AG (Commerzbank) to Baa1 from A3 negative, and those of Commerzbank International S.A. (CISAL) to Baa2 from Baa1 negative. The short-term ratings of both banks were affirmed at Prime-2. The long and short-term debt ratings for Hypothekenbank Frankfurt AG (HF) were downgraded to Baa3/P-3 from Baa2/P-2 negative. The outlook on all of these ratings is now stable.
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