 Moodys Investors Service, Moodys affirmed Cielo S.A. Cielos Ba1 corporate family rating and the Ba1 ratings on the senior unsecured notes issued by Cielo and the backed senior unsecured notes issued by Cielo USA Inc. All outlooks remained stable. Cielos Ba1 rating continues to reflect its dominant position in the Brazilian cards and electronic payments industry and broad footprint in the large Brazilian territory. 