Moody's rates GPAT Compania Financiera Ba2

Moody's Investors Service assigned a Ba2 long-term global local currency debt rating to GPAT Compania Financiera's expected fourth issuance, for up to ARS 100 million, to be issued under a ARS 400 million program.

The outlook is stable.

At the same time, Moody's Latin America assigned an Aa1.ar national scale local currency debt rating to GPAT's expected fourth issuance.

Moody's said that the local currency senior unsecured debt rating derives from GPAT´s Ba2 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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