Moody's rates Nafin

Moody's Investors Service said it assigned an Aaa(mx) Mexican national-scale long-term debt rating to Nacional Financiera, SNC's (Nafin) long-term certificados bursatiles program for up to Mx$2 billion.

The outlook is stable.

The agency said Nafin's debt rating is based on the explicit support of the Mexican government, which is its majority shareholder.

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