Fitch Reconfirms the BBB Rating of Transelectrica

Fitch Ratings reconfirmed the Company’s long-term rating, at the level of the one awarded in 2018, namely ‘BBB’, stable outlook.

Transelectrica published a document on the Bucharest Stock Exchange announcing that the international credit rating agency Fitch Ratings reconfirmed the Company’s long-term rating, at the level of the one awarded in 2018, namely ‘BBB’, stable outlook.

The credit rating opinion conveys the sound business profile of Transelectrica as transmission & system operator with revenues supported by the regulated asset base (RAB), and by the prudent responsible approach in performing operational activities.

It is noteworthy that such qualification is a notch above the sovereign one (BBB-/stable).

InterCapital
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Category : Flash News

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