29.06.2013 01:06:00
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BAC International Bank, Inc -- Moody's: stable outlook on BAC's ratings following Grupo Reformador acquisition announcement
New York, June 28, 2013 -- Moody's Investors Service has affirmed all of BAC International Bank (BAC)'s ratings, following the 27 June announcement that its subsidiary Credomatic International Corporation (CIC, unrated) intends to acquire 100% of Grupo Financiero Reformador (Grupo Reformador, unrated). The transaction is subject to regulatory approvals.