| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers B > Headlines for BFB Leasing SA > News item |
Moody's rates BFB debentures Aaa.br
Moody's America Latina Ltda. said it assigned an A2 global local currency and Aaa.br national scale debt rating to BFB Leasing's R$20 billion first debentures program and an Aaa.br national scale debt rating to the R$10 billion seventh issuance of 20-year subordinated, non-convertible debentures.
The outlook is stable.
The rating reflects subordination but the one-grade notch that usually applies to subordinated issues does not affect the final debt rating, Moody's said.
BFB Leasing is 100%-owned by the Itau group, and in Moody's opinion, and Banco Itaś is rated Aaa.br on Brazil's national scale and A1 on the global local-currency deposit scale, the agency said.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.