Moody's: Grupo Supervielle debt B3

Moody's Investors Service said it assigned a B3 global local currency senior debt rating to Grupo Supervielle SA's sixth expected issuance for an amount up to ARS 50 million, which will be due in 270 days, and to the seventh expected issuance for an amount up to ARS 65 million, which will be due in 18 months.

At the same time, Moody's assigned an A2.ar local currency debt rating on the national scale to the issuances.

The agency said that the local currency senior unsecured debt rating derives from Grupo Supervielle's B3 global local currency issuer rating.

Moody's also noted that seniority was taken into consideration in the assignment of the debt ratings.

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