Moody's affirms Sullair

Moody's Investors Service said it affirmed Sullair Argentina SA's B2 local currency corporate family rating and A2.ar Argentina national-scale rating.

At the same time, Moody's said it assigned B2/A2.ar ratings to Sullair's ARS 55 million bank loan from Banco de la Nación Argentina (not rated).

All of the ratings assigned are local currency ratings. The outlook is stable.

According to the agency, the B2 local currency corporate family rating and A2.ar Argentina national-scale rating reflect Sullair's solid franchise and long track record in the equipment rental market.

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