DBRS Morningstar Confirms Argentina’s Long-Term Foreign Currency – Issuer Rating at CCC, Downgrades Long-Term Local-Currency – Issuer Rating to CCC from CCC (high)

DBRS, Inc. (DBRS Morningstar) confirmed the Republic of Argentina’s Long-Term Foreign Currency – Issuer Rating at CCC and downgraded Argentina’s Long-Term Local Currency – Issuer Rating to CCC from CCC (high). At the same time, DBRS Morningstar confirmed the Republic of Argentina’s Short-Term Foreign and Local Currency – Issuer Ratings at R-5. The trend on all ratings is Stable.