18.07.2014 22:52:00
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BSI AG -- Moody's affirms Banco BTG Pactual's Baa3 rating
New York, July 18, 2014 -- Moody's Investors Service today affirmed Banco BTG Pactual S.A. (BTG Pactual)'s standalone bank financial strength rating (BFSR) of D+, which maps to Baa3 in the global scale. In addition, Moody's affirmed the long-term global local and foreign currency deposit ratings of Baa3, as well as the Aaa.br deposit rating in the Brazilian national scale. At the same time, Moody's affirmed BTG's Grand Cayman Branch's long-term foreign currency senior unsecured and subordinated debt ratings of Baa3 and Ba1, respectively. The short-term ratings remained unchanged. The outlook on all ratings is stable.