Banco Hipotecario S.A. -- Moody's assigns first-time ratings to Banco Hipotecario

Buenos Aires City, July 10, 2015 -- Moody's Latin America Agente de Calificación de Riesgo has assigned today an standalone baseline credit assessment of caa1 to Banco Hipotecario S.A., a global local currency deposit rating of Caa1/Not Prime, a foreign currency deposit rating of Caa2/Not Prime, a national scale local deposit rating of Baa1.ar and a foreign currency Ba2.ar. Moody's has also assigned B3(cr)/Not Prime (cr) long-and short-term global counterparty risk assessments. In addition, Moody's has also assigned a national scale foreign currency debt rating of Baa1.ar to the Series 5 debt issuance for $250 million.

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