Moody's Investors Service revised outlook on Eletrobras to stable and affirmed at "Ba3" (LT- foreign currency) credit rating

March 20, 2017 - CBonds

 

Moody's Investors Service affirmed the "Ba3" LT- foreign currency credit rating of Eletrobras on March 17, 2017. At the same time the rating agency revised outlook to stable from negative.
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Issuer: Eletrobras
Issuer profile:
Eletrobrás (Centrais Elétricas Brasileiras S.A.) is the biggest company of the electric power sector in Latin America and the leader of a system consisting of six subsidiary companies, six ... more
Outstanding issues:
2 issuesUSD2,750,000,000
Issuer rating:
Moody's Investors ServiceBa3/StableLT- foreign currency03/17/2017
S&P Global RatingsBB/NegativeForeign Currency LT02/17/2016
S&P Global RatingsBB/NegativeLocal Currency LT02/17/2016
Fitch RatingsBB-/StableLT Int. Scale (foreign curr.)11/29/2016
Fitch RatingsBB-/StableLT Int. Scale (local curr.)11/29/2016