Buenos Aires City, June 09, 2015 -- Moody's Latin America Agente de Calificación de Riesgo today upgraded the Province of Formosa's senior secured debt ratings to Caa2 from Caa3 in global scale local currency and to Ba3.ar from Caa1.ar in Argentina´s national scale, respectively and affirmed its current Caa2/Ba3.ar global local currency and Argentina's national scale issuer ratings. Formosa's outlook remains negative.

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