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Published on 8/26/2011 in the Prospect News Emerging Markets Daily.

Moody's gives Vinculos A3.ar

Moody's Latin America said it has assigned a B3 global local currency insurance financial strength rating and an A3.ar insurer financial strength rating on Argentina's national-scale to Vinculos SGR.

The outlook is stable.

Vinculos's ratings reflect the company's ownership by and tight integration with Las Camelias SA, the agency noted, adding that Vinculos' credit strengthsinclude its good capitalization and operating efficiency compared with peers.


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