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Moody's rates NR Finance de Mexico
Moody's Investors Service said it assigned an Aaa(mx) Mexican national-scale long-term debt rating to NR Finance de Mexico, SA de CV Sofol's long-term certificados bursatiles program of up to Mx$5 billion.
At the same time, Moody's said it assigned a Aaa(mx) Mexican national-scale long-term debt rating to the first two take downs of up to Mx$4 billion and up to Mx$1.5 billion, respectively.
The outlook is stable.
The agency said that NR Finance de Mexico's debt rating is based on an unconditional guarantee provided by Nissan Motor Acceptance Corp.
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