Banco Sofisa S.A. -- Moody's affirms Banco Sofisa's ratings; stable outlook

New York, September 28, 2015 -- Moody's Investors Service has today affirmed the long- and short-term local- and foreign-currency deposit ratings of Banco Sofisa S.A. (Sofisa) at Ba2 and Not Prime, respectively. Moody's also affirmed Sofisa's long- and short-term Brazilian national scale deposit ratings at Aa3.br and BR-1, and the long-term foreign currency senior unsecured debt rating on the GMTN Program of (P)Ba2. At the same time, Moody's affirmed Sofisa's baseline credit assessment (BCA) and adjusted BCA at ba2, and its long- and short-term Counterparty Risk Assessments (CRA) at Ba1(cr) and Not Prime (cr). The outlook on all ratings remains stable.

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