Moody's Ratings Changes Brazil's Outlook To Stable From Positive; Affirms Ba1 Ratings

May 30 (Reuters) - Moody's Ratings:

• MOODY'S - AFFIRMATION OF BRAZIL'S BA1 RATING REFLECTS SUSTAINED SOLID GROWTH OF COUNTRY'S LARGE AND DIVERSIFIED ECONOMY

• MOODY'S: CHANGE IN BRAZIL'S OUTLOOK TO STABLE REFLECTS A TAPERING OF UPSIDE CREDIT RISKS

• MOODY'S: BRAZIL'S ABILITY TO MATERIALLY REDUCE FISCAL VULNERABILITIES & STABILIZE DEBT BURDEN IN SHORT RUN REMAINS CONSTRAINED BY SPENDING RIGIDITY

• MOODY'S: BRAZIL'S ABILITY TO MATERIALLY REDUCE FISCAL VULNERABILITIES & STABILIZE DEBT BURDEN IN SHORT RUN IS CONSTRAINED BY RISING BORROWING COSTS