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Moody's: Eesti Energia view stable
Moody's Investors Service said it changed to stable from positive the outlook on the long-term issuer and senior unsecured A1 ratings of Eesti Energia AS.
This follows Moody's revision of Estonia's outlook to stable from positive on its A1 foreign-currency and bond ratings. The agency affirms the P-1 short-term rating.
The rating reflects the baseline credit assessment of 8, A1 local currency rating of the Estonian government, medium dependence and high support, Moody's said. The rating action reflects only the impact of the sovereign ratings action, the agency said.
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