Moody's: Eletropaulo unchanged

Moody's America Latina said it does not see any immediate change to the ratings of Eletropaulo Metropolitana de Eletricidade de Sao Paulo SA after the pending tariff reduction as a result of the Third Cycle Tariff Review.

While the outlook currently remains stable, Moody's said it will closely monitor the expected impact on the company's metrics and how the company will manage its capital expenditures and dividend distributions in light of the materially lower levels of expected cash from operations.

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