Moody's affirms Central Termica

Moody's Investors Service said it affirmed its B2 and A2.ar ratings on Central Termica Loma de la Latas' $178 million notes and the recently approved 60 million Argentine peso loan from Banco de la Nacion Argentina.

The outlook is negative.

The agency said the ratings reflect the risks and strengths of the company's current project to close the cycle of its existing thermal generation plant, which is guaranteed during the construction phase by Pampa Energia SA, the group's holding company.

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