Buenos Aires City, November 08, 2016 -- Moody's Latin America Agente de Calificación de Riesgo S.A. (MLA) has today placed on review for downgrade Caterpillar Financial Services Argentina S.A.'s (CFSA) A2 backed long-term global local currency (GLC) senior debt ratings and the (P)A2 backed MTN senior program in local and foreign currency. The Aaa.ar NSR debt ratings are not affected by this rating action.

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