Moody's rates BNB Leasing debt Ba3/Aaa.bo

Moody's Investors Service said it assigned a Ba3 global local currency debt rating to BNB Leasing's expected issuance up to Bs. 22.88 million, which will be due in 1,800 days.

At the same time, Moody's Latin America assigned an Aaa.bo local currency national scale debt rating to the expected issuance.

The outlook is stable.

Moody's said the local currency senior debt rating derives from BNB Leasing's Ba3 global local currency corporate family rating. Moody's also noted that seniority was taken into consideration in the assignment of the debt ratings.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.