Moody's: Empresa Distribuidora Norte notes B2

Moody's Investors Service said it assigned a B2 rating on the global scale and A1.ar on the Argentina national scale to Empresa Distribuidora de EnergÌa Norte SA's proposed A$60 million class 1 short-term notes.

The outlook is stable.

The ratings take into consideration a more reasonable tariff track record from the Buenos Aires Province's regulator as compared to federal regulated utilities and the strong credit metrics for the rating category, the agency said.

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