KBRA Assigns Senior Unsecured Debt Rating of BBB+ for PacWest Bancorp

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of BBB+, subordinated debt rating of BBB, and short-term debt rating of K2 for Los Angeles, California based PacWest Bancorp (NASDAQ: PACW) (“PacWest” or “the Company”). In addition, KBRA assigns deposit and senior unsecured debt ratings of A-, a subordinated debt rating of BBB+, and short-term deposit and debt ratings of K2 for its subsidiary, Pacific Western Bank (“PWB”). The Outlook for all long