Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for EDP – Energias de Portugal, SA > News item |
Moody’s revises EDP view to positive
Moody's Investors Service said it affirmed the Ba1, provisional Ba1 and non-prime ratings of EDP – Energias de Portugal SA (EDP), EDP Finance BV and Hidroelectrica del Cantabrico SA.
The outlook was changed to positive from negative.
Moody’s said the outlook change reflects an improving operating and macroeconomic environment for EDP, as reflected in the recent Portuguese sovereign upgrade to Ba1 stable and the agency’s view that EDP will gradually deleverage as outlined in the company's recent strategic plan update.
© 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.