Buenos Aires City, October 29, 2015 -- Moody's Latin America ("Moody's") has upgraded Quickfood S.A.'s corporate family rating (CFR) to Caa1 in the global scale and Ba1.ar in its national scale, from Caa2/B2.ar. In addition, Quickfood's senior notes guaranteed by BRF S.A. were upgraded to Baa2 from Baa3, while national scale rating was affirmed at Aaa.ar, in line with Moody's Investors Service upgrade of BRF's ratings to Baa2 from Baa3, on 28 October 2015. The outlook on all ratings is stable.

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