|
|
 |
|
Viewing report
|
|
|
|
Buenos Aires (City of) And Its Commercial Paper Program Assigned 'raA-1+' Short-Term National Scale Rating
Standard & Poors, Feb 2009
Abstract
BUENOS AIRES (Standard & Poor's) Feb. 11, 2009--Standard & Poor's Ratings Services said today that it assigned its 'raA-1+' short-term national scale rating to the City of Buenos Aires (foreign currency B-/Stable/--; local currency B/Stable/--; national scale raAA-/Stable/raA-1+). At the same time, we assigned an 'raA-1+' short-term national scale rating to the Argentine pesos (ARP) 800 million commercial paper (CP) program proposed by the city. The CP, to be issued in the local market, are due in less than a year and are denominated in Argentine pesos. In the first tranche, three types of CP due in 90, 181, and 272 days will be issued for up to ARP30 million each. The issue represents the first issuance under the CP...
Companies mentioned in this report are: Buenos Aires (City of)
Action: New Rating
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
