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Moody's rates Electropaz notes Ba3/Aa1.bo
Moody's Investors Service said it assigned corporate family rating of Ba3/Aa1.bo to Electropaz SA.
At the same time, Moody's rated Electropaz's up to 350 million Bolivian pesos senior unsecured proposed local notes Ba3/Aa1.bo.
The outlook is stable.
Proceeds from the proposed notes will be used mostly to prepay Electropaz's outstanding notes and will not increase the company's total debt.
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