Moody's Investors Service revised outlook on Telefonica Brasil to stable and affirmed at "Ba1" (LT- foreign currency) credit rating

March 20, 2017 - CBonds

 

Moody's Investors Service affirmed the "Ba1" LT- foreign currency credit rating of Telefonica Brasil on March 17, 2017. At the same time the rating agency revised outlook to stable from negative.
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Issuer: Telefonica Brasil
Issuer profile:
Telefonica Brasil SA, formerly Telecomunicacoes de Sao Paulo S.A. - TELESP (Telesp), provides fixed-line telecommunications services in the State of Sao Paulo. Telesp provides international and inter... more
Outstanding issues:
3 issuesBRL3,372,000,000
Issuer rating:
Moody's Investors ServiceBa1/StableLT- foreign currency03/17/2017