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Published on 8/24/2011 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Moody's rates Daycoval issue Aa1.br

Moody's Investors Service said it assigned a national scale debt rating of Aa1.br to Banco Daycoval SA's R$1,000,200,000 senior unsecured debt program and a national scale debt rating of Aa1.br to Daycoval's proposed first issuance under the program of R$200,100,000.

The agency assigned a provisional global local currency debt rating of Baa3 to Daycoval's debt program and a global local currency debt rating of Baa3 to the first issue.

The outlook is stable.


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