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03.10.2013 00:52:00
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Banco Patagonia S.A. -- Moody's rates Banco Patagonia´s local currency debt
Buenos Aires City, October 02, 2013 -- Moody's Latin America assigned a Ba3 global local currency senior debt rating to Banco Patagonia's (Patagonia) second expected issuance for a minimum amount of ARS 100 million and a maximum amount of ARS 300 million, which will be due in 18 months. The notes are being issued under Patagonia's USD 250 million medium-term note program. At the same time, on the National Scale, Moody's assigned a Aa1.ar local currency debt rating to the expected issuance.
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