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Moody's lifts Metropistas
Moody's Investors Service said it upgraded the rating assigned to Metropistas' $435 million (original issuance amount) 6¾% amortizing senior secured notes due 2035 to Ba1 from Ba2.
The outlook is stable.
“The rating upgrade to Ba1 from Ba2 reflects Metropistas' adequate traffic profile and solid revenue trends that we expect to continue,” Moody’s said in a news release.
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