23.02.2015 22:57:00
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Mendoza, Province of -- Moody's assigns debt ratings to the Province of Mendoza
Buenos Aires City, February 23, 2015 -- Moody's Latin America Agente de Calificación de Riesgo has assigned a (P)Caa1 (global scale local currency) and Baa3.ar (Argentina National Scale) ratings to the Province of Mendoza´s Notes Program for up to USD10 million. In the same rating action Moody's assigned Caa1 -global local currency scale- and Baa3.ar -on Argentina National Scale- to the first series to be issued under this program. The ratings are in line with the province's long term local currency issuer ratings, which carry negative outlook.