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Moody's Investors Service downgraded from 'Ba2' to 'B2' the LT- foreign currency credit rating of Adecoagro on December 23, 2025. The outlook is stable.

S&P Global Ratings affirmed the 'BB' Local Currency LT credit rating of Banistmo on December 23, 2025. At the same time the rating agency revised outlook to developing from negative.