Moody’s views Grupo Energia negatively

Moody's Investors Service said it changed the outlook to negative from stable and affirmed the Baa2 issuer and debt ratings assigned to Grupo Energia Bogota SA ESP (GEB).

“GEB's ratings outlook change to negative from stable follows the outlook change to negative on the ratings of the Bogota, Distrito Capital (Colombia) (Bogota; Baa2 negative). Bogota is the support provider for GEB, which entails a rating uplift under our analytical framework for government-related issuers (GRIs),” the agency said in a press release.

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