PROVINCIA DE RIO NEGRO -- Moody's assigns issuer and debt ratings to Argentina's Province of Río Negro

Buenos Aires City, May 04, 2016 -- Moody's Latin America Agente de Calificación de Riesgo assigned first time issuer rating of B3 (Global Scale, local currency) and Baa3.ar (Argentina National Scale, local currency) to the Province of Río Negro ("Río Negro"). In the same rating action Moody´s has assigned provisional (P)B3 and Baa3.ar ratings on Global/National scales respectively to the ARS700 million Treasury Bills Program to be launched by this Province. The rating outlook on its global scale issuer rating is stable, whereas all of its Baa3.ar ratings are placed on review with direction uncertain.

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