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Moody's rates Tlalnepantla Baa1.mx
Moody's Investors Service said it assigned issuer ratings of Baa1.mx Mexico national scale and Ba3 global scale, local-currency to the municipality of Tlalnepantla.
The outlook is stable.
Ratings incorporate the municipality's strong economy and an increasing own-source revenue base, the agency said, tempered by weak financial performance, a tight liquidity position and relatively high debt ratios.
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