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Moody's gives Energa notes Baa1
Moody's Investors Service said it assigned a provisional long-term senior unsecured rating of Baa1 to the €1 billion euro medium-term note program of Energa Finance AB (publ) and guaranteed by Energa SA.
The outlook is negative.
Moody's said its assignment of a provisional Baa1 rating to the program is a result of the unconditional and irrevocable guarantee that Energa provides under the program.
Therefore, the rating of the program reflects solely the credit quality of the guarantor.
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