Sao Paulo, April 30, 2015 -- Moody's America Latina (Moody's) assigned a Ba1 global scale rating and a Aa2.br national scale rating (NSR) to Concessionaria do Rodoanel Oeste S.A.'sBRL550 million senior unsecured, non-convertible, backed debentures (the "new issuance"). At the same time, Moody's affirmed the Ba1 global scale rating and the Aa2.br issuer rating on the NSR to Concessionaria de Rodoanel Oeste S.A.'s senior unsecured backed second debenture issuance (the "2nd issuance") due in 2015 (the "2nd series") and 2016 (the "3rd series"). The outlook for all ratings is stable.

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