Sao Paulo, August 12, 2014 -- Moody's America Latina Ltda assigned a Baa3 global local currency debt rating and a Aa1.br national scale debt rating to the proposed new two and three-year local currency senior unsecured banknotes (letras financeiras) to be issued by Banco Daycoval S.A.'s (Daycoval). The proposed banknotes will be due in 2016 and 2017, for a total of up to BRL400 million. The outlook on the ratings is stable.
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