MOODY'S RAISES MEXICO SOVEREIGN RATING ONE NOTCH TO A3 FROM BAA1; OUTLOOK STABLE - The decision to upgrade Mexico's sovereign ratings was driven by the structural reforms approved last year, which Moody's expects will strengthen the country's potential growth prospects and fiscal fundamentals. As the full impact of the reforms becomes more evident over time, Moody's expects that Mexico's credit metrics will report firm - but gradual - improvements, thereby further reinforcing the country's already robust sovereign credit profile.