Moody's extends the review for downgrade on supported ratings assigned to Banco Patagonia and to GPAT Compania Financiera
Buenos Aires City, December 05, 2016-- Moody's Latin America Agente de Calificacion de Riesgo continues its review for downgrade the Ba3 supported long-term deposit and senior unsecured debt local currency ratings of Banco Patagonia S.A., and ratings assigned to its subsidiary GPAT Compañia Financiera. The review was initiated on 23 August 2016, following the announcement by its controlling shareholder Banco do Brasil S.A. that BB together with the other shareholders were...
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