Moody's changes to stable outlook on BTG Pactual; upgrades the NSR to A2.br
New York, December 01, 2016-- Moody's Investors Service today affirmed Banco BTG Pactual S.A.' s global scale ratings, including its long-term global local currency deposit rating of Ba3 and its Grand Cayman branch's Ba3 long-term foreign currency senior unsecured debt, and changed the outlook to stable from negative. At the same time, Moody's upgraded the bank's long and short-term Brazilian national scale deposit rating to A2.br and BR-1 respectively, from A3.br and BR-2.
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