| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers I > Headlines for ItaúBank Leasing SA Arrendamento Mercantil > News item |
Moody's rates ItaúBank Leasing debentures A2
Moody's Investors Service said it assigned an A1 global local-currency issuer rating to ItaúBank Leasing SA Arrendamento Mercantil and A2 global local-currency ratings to its fifth subordinated debenture issue in the amount of R$1.2 billion and maturing in 2025, its eighth subordinated debenture issue in the amount of R$2 billion and maturing in 2022 and its ninth subordinated debenture issue of R$4 billion issued in two series and maturing in 2024.
Moody's America Latina Ltda. assigned an Aaa.br national scale issuer rating to ItaúBank Leasing and an Aaa.br national scale debt rating to the debentures.
The outlook is stable.
The agency noted that the subordination was taken into consideration in the assignment of the debentures rating. However, at the highest rating levels on the national scale, the one-grade notching that is usually applied to subordinated bonds on the global scale does not affect the final national scale rating.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.