Madrid, May 15, 2014 -- Moody's Investors Service has announced today that the issuance by Garanti Diversified Payment Rights Finance Co. (the "Issuer") on 14th May 2014 of USD 500 million of Series 2014-B and 2014-C notes due in July 2019 which is not rated by Moody's (the "Issuances") would not, in and of itself and as of this time, result in the downgrade or withdrawal of the current ratings on outstanding notes issued by the Issuer.

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