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FONPLATA -- Moody's Assigns A2 rating to FONPLATA's proposed CHF 150 million notes due 2024

Moody's Investors Service (Moody's) has assigned an A2 rating to the Fondo Financiero para el Desarrollo de la Cuenca del Plata (FONPLATA) proposed senior unsecured notes due March 11 2024. The total issuance amount of FONPLATA's notes will be CHF 150 million. Moody's credit view of FONPLATA balances the institution's strong capital adequacy and liquidity metrics with the expectation that those metrics will slowly decline over the medium term as FONPLATA takes on additional leverage to fund its growing portfolio.