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Published on 3/26/2010 in the Prospect News Emerging Markets Daily and Prospect News Investment Grade Daily.

Moody's rates Banco Bradesco notes Baa2

Moody's Investors Service said it assigned a Baa2 long-term foreign-currency debt rating to the $750 million senior unsecured notes due March 2015 issued by Banco Bradesco SA acting through its Grand Cayman Branch.

The bond rating is at the country ceiling for foreign-currency bonds and notes for Brazil and thus carries the positive outlook that is currently assigned to the ceiling, the agency noted.


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