26.02.2016 22:41:00

Cielo S.A. -- Moody's downgrades Cielo's ratings to Ba1; outlook is negative

New York, February 26, 2016 -- Moody's Investors Service downgraded Cielo S.A's foreign currency senior unsecured rated debt to Ba1 from Baa2. At the same time, Moody's assigned a Ba1 corporate family rating to Cielo. The outlook is negative.

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