Moody's rates Grupo Supervielle debt B3

Moody's Latin America said it assigned a B3 global local currency senior debt rating to Grupo Supervielle SA's 12th expected issuance for an amount up to ARS 100 million, which will be due in 18 months, and 13th expected issuance for an amount up to ARS 100 million, which will be due in five years.

Both issuances together should not exceed ARS 100 million.

At the same time the agency assigned a national scale A2.ar local currency debt rating to the expected issuances.

The local currency senior unsecured debt rating derives from Grupo Supervielle's B3 global local currency issuer rating. The agency also noted that seniority was taken into consideration in the assignment of the debt ratings.

Moody's said the B3 issuer rating captures Grupo Supervielle's consistent profitability indicators derived from its operating subsidiaries.

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