Moody's Investors Service revised outlook on Escelsa to stable and affirmed at "Ba2" (LT- foreign currency) credit rating

March 20, 2017 - CBonds

 

Moody's Investors Service affirmed the "Ba2" LT- foreign currency credit rating of Escelsa on March 17, 2017. At the same time the rating agency revised outlook to stable from negative.
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Issuer: Escelsa
Issuer profile:
Espirito Santo Centrais Eletricas S.A. is a Brasilian company, subsidiary of EDP (Energias do Brazil). It provides utility services. The company offers electricity, natural gas, and operates water di... more
Outstanding issues:
2 issuesBRL296,800,000
Issuer rating:
Moody's Investors ServiceBa2/StableLT- foreign currency03/17/2017
Moody's Investors ServiceWithdrawn/LT- local currency03/06/2017