11.03.2016 19:23:00
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Buenos Aires, Province of -- Moody's assigns B1.ar debt rating to the Province of Buenos Aires´s 9,125% due 2024 Senior Unsecured Notes in USD
Buenos Aires City, March 11, 2016 -- Moody's Latin America Agente de Calificación de Riesgo has assigned a B1.ar (Argentina´s National Scale) rating to the Senior Unsecured Notes to be issued by the Province of Buenos Aires for USD1.250 million. At the same time Moody's Investors Service assigned a Caa2 (Global Scale) rating in foreign currency to the same Notes. The rating is in line with the province's long term foreign currency issuer rating, which carry a positive outlook.