S&P rates Tanner notes BBB-

Standard & Poor's said it assigned its BBB- long-term debt rating to Tanner Servicios Financiero's (BBB-/stable/--) proposed five-year senior unsecured notes of up to $300 million.

The ratings on Tanner reflect its well-established market position in factoring and auto loan sectors, sound management track record, operations in the low-risk Chilean economic and political environment and good financial risk profile, S&P said.

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