Moody’s changes NR Finance view to negative

Moody’s Investors Service said it revised the outlook to negative from under review for NR Finance Mexico SA de CV and confirmed its backed long-term global local currency senior unsecured debt ratings of Baa3 and its backed long-term Mexican national scale senior unsecured debt ratings of Aa3.mx.

The actions conclude the review started on March 27, Moody’s said.

“The rating agency changed the outlooks on the debt ratings to negative from ratings under review. Subsequently, Moody’s has also withdrawn the outlooks on the debt ratings for its own business reasons,” the agency said.

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