New York, October 29, 2014 -- Moody's Investors Service has today assigned a Baa2 long-term foreign currency debt rating to the proposed senior unsecured notes to be issued by Banco Nacional de Desenvolvimento Econômico e Social (BNDES). The notes will be denominated and settled in Chinese Renminbi (CNY) and are due October 2017 and October 2019. The outlook on the rating is negative.
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