Moody's rates Supervielle debt B1

Moody's Investors Service said it assigned Aa3.ar national scale local currency debt ratings to Grupo Supervielle SA's expected issuances of the third and fourth tranches of senior notes under the bank's ARS 200 million global medium-term note program.

Moody's assigned a B1 global local-currency senior debt rating to the tranches.

The outlook is stable.

Each tranche may be issued in an amount up to ARS 105 million, with the combined issuances to total up to ARS 105 million. The third tranche will be issued at a floating rate only if the full ARS 105 million is not issued at fixed rate under the fourth tranche.

The third tranche has a tenor of 18 months and matures in 2013, and the fourth tranche has a tenor of 15 months and matures in 2012.

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