Moody's rates Greenko Dutch notes Ba1

Moody's Investors Service said it assigned a Ba1 rating to the proposed backed senior unsecured dollar-denominated notes of Greenko Dutch BV, the proceeds of which will be used for refinancing.

“The proposed notes are unconditionally and irrevocably guaranteed by GDBV's ultimate holding company, Greenko Energy Holdings (GEH), which has a corporate family rating (CFR) of Ba1,” the agency said in a press release.

The outlook is stable.

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