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Published on 9/28/2012 in the Prospect News Emerging Markets Daily.

Moody's: Supervielle notes B2/Aa3.ar

Moody's Investors Service said it assigned a B2 global local-currency debt rating to Banco Supervielle's expected fourth and fifth issuances under the ARS 200 million short-term note program.

At the same time, Moody's Latin America assigned Aa3.ar national scale local currency debt rating to both expected issuances.

The outlook is negative.

Moody's said the local currency senior unsecured debt rating derives from Supervielle's B2 global local currency deposit rating, Moody's also noted that seniority was taken into consideration in the assignment of the debt ratings.


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