Sao Paulo, August 29, 2014 -- Moody's America Latina has assigned definitive ratings of Baa3 (sf) (Global Scale, Local Currency) and Aaa.br (sf) (Brazilian National Scale) to the senior shares, and B2 (sf) (Global Scale, Local Currency) and Ba1.br (sf) (Brazilian National Scale) to the subordinate mezzanine shares issued by Chemical IX - FIDC Indústria Petroquímica, a securitization backed by a pool of trade receivables and originated by Braskem Group.
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