06.05.2013 23:41:00
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HSBC-SEGUROS DE VIDA (ARGENTINA) S.A. -- Moody's downgrades HSBC Seguros de Vida (Argentina) to B1/Aa3.ar; outlook remains negative
Buenos Aires City, May 06, 2013 -- Moody's Latin America downgraded HSBC Seguros de Vida (Argentina) S.A.'s global local-currency (GLC) insurance financial strength (IFS) rating to B1 from Ba3 and its Argentina national scale IFS rating to Aa3.ar from Aa2.ar. The outlook of both ratings remains negative.