Buenos Aires City, December 05, 2013 -- Moody's Latin America has today assigned a (P)B2 global local currency senior debt rating and a (P)B3 global foreign currency senior debt rating to Banco de la Ciudad de Buenos Aires' (Ciudad) senior debt program for $ 500 million or its equivalent in other currencies. Moody's also assigned a B2 global local currency debt rating to the first takedown under the program for up to Ar$ 300 million, which will be issued in two different classes due in 18 months (Class I) and 36 months (Class II). At the same time, on the National Scale, Moody's Latin America assigned Aa3.ar local currency senior debt rating and a A2.ar foreign currency senior debt rating to the program and a Aa3.ar local currency debt rating to the expected issuance.
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