04.07.2016 18:48:00

Moody's: No rating impact on Banorte's CLO program (BNTECB 07, 07-2) from proposed modifications to one underlying loan

Mexico, July 04, 2016 -- Moody's de México S.A. de C.V announced today that the proposed modifications to one of the loans in the pool backing the senior certificates BNTECB 07 and subordinated certificates BNTECB 07-2 would not, in and of themselves and at this time, result in a downgrade or withdrawal of the senior certificates' Aa2.mx (sf) (Mexican national scale) and Baa2 (sf) (global scale, local currency) ratings and the subordinated certificates' A3.mx (sf) (Mexican national scale) and Ba3 (sf) (global scale, local currency) ratings.

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