Fitch rates Elektra Noreste bond BBB

Fitch Ratings said it gave a BBB rating to Elektra Noreste, SA's (ENSA) planned senior unsecured issuance of up to $100 million.

Fitch rates both ENSA's long-term foreign-currency issuer default rating and local-currency long-term BBB.

ENSA plans to use the proceeds to refinance its $100 million notes maturing next month. Fitch also rates the those notes BBB.

The outlook is stable.

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