Fitch Upgrades EMGESA's IDR to 'BBB'; Outlook Stable
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| Title: | Fitch Upgrades EMGESA's IDR to 'BBB'; Outlook Stable |
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| Authors: | Fitch Ratings |
| Source: | Business Wire (English). 05/16/2013. |
| Abstract: | Fitch Ratings has upgraded EMGESA's Foreign and Local Currency Issuer Default Ratings (IDRs) to 'BBB' from 'BBB-'. This rating action applies to the company's senior unsecured COP$736.760 million notes due 2021. The Rating Outlook has been revised to stable from positive. [ABSTRACT FROM PUBLISHER] |
| Database: | Regional Business News |
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| Abstract: | Fitch Ratings has upgraded EMGESA's Foreign and Local Currency Issuer Default Ratings (IDRs) to 'BBB' from 'BBB-'. This rating action applies to the company's senior unsecured COP$736.760 million notes due 2021. The Rating Outlook has been revised to stable from positive. [ABSTRACT FROM PUBLISHER] |
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