TIPS Pesos N-19

The Technical Committee of BRC Ratings ¿ S&P Global, in Periodic Review, confirmed the ratings of TIPS A2 N-19, TIPS Mz N-19 and TIPS C N-19. It also raised the rating of the TIPS B N-19 to A- from BBB+.

TIPS Pesos N-20

The Technical Committee of BRC Ratings - S&P, in Extraordinary Review, confirmed the ratings of the A2 N-20 TIPS and the N-20 B TIPS, raised the Mz N-20 TIPS to BB- from BB, raised the N-20 C series to BB from B+, and withdrew the positive outlook from the Mz series.

TIPS Pesos N-13

The Technical Committee of BRC Ratings - S&P, in Extraordinary Review, confirmed the rating of the TIPS A N-13, raised the rating of the TIPS B1 N-13 to AA from A+, raised the rating of the B2 N-13 TIPS to A- from BBB and withdrew the positive outlook from the B1 and B2 series.

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