Moody’s rates PSA Finance Argentina debt B2/Aa2.ar

Moody's Latin America said it assigned a B2 global local currency senior debt rating and an Aa2.ar local currency national scale debt rating, to PSA Finance Argentina Compania Financiera's 19th expected bond issuance for an amount up to ARS 100 million, which will be due in 12 months.

The outlook is negative.

The local currency senior unsecured debt rating derives from PSA Finance's B2 global local currency deposit rating. Moody's also noted that seniority was taken into consideration in the assignment of the debt ratings.

© 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.