Moody's rates BVA notes B2

Moody's Investors Service said it assigned a B2 long-term foreign-currency senior debt rating to senior notes due November 2012 to be issued by Banco BVA SA under a $500 million short-term note program with provisional long and short-term debt ratings of B2 and Not Prime, respectively.

The outlook is positive.

The B2 debt rating incorporates BVA's fundamental credit quality and country risks, the agency said.

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