Moody's assigns Banco Saenz program A1.ar, B2

Moody's Latin America said it assigned an A1.ar local and foreign currency debt rating, under the Argentinean national-scale, to Banco Saenz's multi-currency senior unsecured debt program amounting to Ar$80 million, or its equivalent in other currencies.

The A1.ar national-scale local currency debt rating was also assigned to the first expected issuance of the program worth up to Ar$ 35 million, the agency said.

At the same time, Moody's Investors Service said it assigned a B2 global local and foreign-currency debt rating to the aforementioned program, as well as to the first debt issuance.

The outlook is stable.

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