15.04.2016 19:19:00

Argentina -- Moody's upgrades Argentina's issuer rating to B3 with a stable outlook

New York, April 15, 2016 -- Moody's Investors Service has today upgraded Argentina's issuer rating to B3 from Caa1. The rating on Argentina's foreign legislation and restructured local legislation foreign currency obligations is also upgraded to (P)B3 from (P)Caa2. The senior unsecured shelf rating was upgraded to (P)B3 from (P)Caa1. Argentina's short-term rating was affirmed at Not-Prime (NP). A full list of rating changes appears at the end of this report. The outlook on the issuer rating is stable.

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