Moody's rates Supervielle notes B3

Moody's Investors Service said it assigned a B3 global local currency senior debt rating to Grupo Supervielle SA's eighth expected issuance for an amount up to ARS 50 million, which will be due in 270 days; and to the ninth expected issuance for an amount up to ARS 90 million, which will be due in 18 months.

Both expected issuances together should not exceed ARS 90 million.

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

The outlook is negative.

Moody's explained that the local currency senior unsecured debt rating derives from Grupo Supervielle's B3 global local currency issuer rating.

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

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