Moody's Investors Service revised outlook on EDP Bandeirante 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 EDP Bandeirante on March 17, 2017. At the same time the rating agency revised outlook to stable from negative.
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Issuer: EDP Bandeirante
Issuer profile:
Bandeirante Energia is a Brazilian company, subsidiary of EDP (Energias do Brazil). It operates as an electricity distribution company. It supplies electricity to 1.6 million customers in 28 municipa... more
Outstanding issues:
2 issuesBRL400,000,000
Issuer rating:
Moody's Investors ServiceBa2/StableLT- foreign currency03/17/2017
Moody's Investors ServiceWithdrawn/LT- local currency03/06/2017