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Moody’s pulls Oaxaca loans on prepayment
Moody’s Investors Service said it withdrew the Baa1 (global scale, local currency) and Aa1.mx (Mexico national scale) ratings of the following four enhanced loans of the state of Oaxaca because of full prepayment
The loans are Ps. 5 billion enhanced loan (original face value) from Banobras due in 2043, Ps. 4 billion enhanced loan (original face value) from Banobras due in 2038, Ps. 2.2 billion enhanced loan (original face value) from Banobras due in 2038 and Ps. 700 million enhanced loan (original face value) from Banco Santander due in 2038.
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