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Published on 10/16/2012 in the Prospect News Emerging Markets Daily.

Moody's: Siapa view stable

Moody's de Mexico confirmed Siapa's Baa1.mx Mexican national scale and Ba3 global scale, local currency issuer ratings.

At the same time, Moody's de Mexico revised Siapa's outlook to stable from under review for a possible downgrade.

Moody's said the stable outlook reflects the conclusion of negotiations between Banco Interacciones and Siapa related to the Ps. 1.4 billion loan.


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