Moody's changes Angamos view to stable

Moody's Investors Service said it affirmed the Baa3 senior secured rating of Empresa Electrica Angamos SpA (Angamos) and changed the outlook to stable from negative.

“The stable outlook assumes that Angamos will continue to collect sufficient capacity payments during the remaining tenor of the notes such that its non-volumetric cash flows will comfortably meet its fixed annual debt service,” the agency said in a press release.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.