New York, October 03, 2013 -- Moody's Investors Service assigned a Baa3 rating to $540.5 million of 5.696% senior unsecured (exchange) notes due September 2023 issued by Embraer Overseas Limited, a wholly owned subsidiary of Embraer S.A. (Embraer or the company). The exchange notes are guaranteed by Embraer. Net proceeds realized from the offering were used to fund the exchange offers for existing debt that were announced 28 August 2013. A portion of Embraer Overseas Limited's existing notes--specifically, $146.4 million of 6.375% senior unsecured notes due 2017 and $337.2 million of 6.375% senior unsecured notes due 2020--have subsequently been exchanged for the new notes. The rating outlook is stable.

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