Moody's upgrades ViaOeste

Moody's America Latina said it upgraded ViaOeste's issuer rating to Baa2 on the global scale and Aaa.br on the Brazilian National Scale.

At the same time, Moody's upgraded the ratings of ViaOeste's R$750 million five-year senior unsecured debentures to Baa2 on the global scale and Aaa.br on the Brazilian National Scale as well as the R$150 million four-year subordinated debentures to Baa3 on the global scale and Aa1.br on the Brazilian National Scale.

The outlook is stable.

Moody's said the Baa2 and Aaa.br issuer ratings reflect ViaOeste's strong asset features as a road system with a favorable alignment connecting the metropolitan area of S"o Paulo to Sorocaba, crossing the cities of Barueri and Osasco

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