New York, April 06, 2016 -- Moody's Investors Service has affirmed Rivoli Reinsurance Company's (Rivoli Re) A2 global local currency insurance financial strength (IFS) rating and changed its outlook to negative from stable. Rivoli Re is the captive reinsurance subsidiary of America Movil, S.A.B. de C.V. (senior unsecured ratings of A2, negative outlook), one of the largest telecom operators with strong presence in Latin America. The change in Rivoli Re's outlook follows Moody's change in America Movil's rating outlook announced on 1 April 2016 (see press release titled "Moody's affirms America Movil's and Telmex's ratings; outlook changed to negative").

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