Moody's: Energisa view to negative

Moody's America Latina said it affirmed Energisa SA's corporate family ratings of Ba2 on the global scale and Aa3.br on the Brazilian national scale.

The agency also affirmed the ratings of the R$400 million senior unsecured amortizing debentures issued in July 2012 in two tranches, one of five and the other seven years.

The outlook was changed to negative from stable.

Moody's said the negative outlook reflects the impact that the acquisition of Rede group, expected to be concluded over the next couple of months, will have on the company's leverage and liquidity.

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