MOODY'S AFFIRMS PNC FINANCIAL <PNCF>, UNITS DEBT
Moody's Investors Service Inc said it
affirmed 500 mln dlrs of debt of PNC Financial and units.
    Affirmed were Aa-2 senior debt of PNC Financial Corp and
PNC Funding Corp, AAA long-term deposits of Pittsburgh National
Bank, and Aa-2 long-term deposits of Citizens Fidelity Bank and
Trust.
    Moody's cited PNC's announced special second-quarter loan
loss provision of 110 mln dlrs to raise loss reserve coverage
of loans to economically troubled borrowers in less-developed
countries. Moody's said the firm's financial condition would
not change materially as a result of the action.
 Reuter
