New York, November 02, 2015 -- Moody's Investors Service (Moody's) has today changed the outlook on Argentina's Caa1 issuer rating to stable from negative. The outlook on Argentina's (P)Caa2 foreign legislation and restructured local legislation foreign currency obligations is also changed to stable from negative. The outlook change is based on Moody's view that shifts in the political climate are reducing the risk of investors suffering greater than expected losses once a new government assumes power on 10 December 2015.
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