Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Empresa Eléctrica de Guatemala SA > News item |
Moody’s raises Empresa Electrica to Ba1
Moody's Investors Service said it upgraded the corporate family rating and senior unsecured rating of Empresa Electrica de Guatemala SA to Ba1 from Ba2.
The outlook is stable.
Moody’s said the upgrade to Ba1, the same as the Guatemalan sovereign rating, largely reflects Moody's expectation that Empresa Electrica’s credit metrics will remain robust for the Ba-rating category; Specifically, that its three-year average CFO pre W/C to debt, interest coverage, and retained cash flow to debt will exceed 20%, 4 times, and 10%, respectively.
© 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.