The rating reflects a low business risk profile of Transelectrica, given the strategic importance of the natural monopoly Company, in the context of a continuous improvement of the regulatory framework.
For the third year in a row, Credit rating agency Moody’s reconfirmed Transelectrica’s Baa1 rating (Corporate Family Rating), with positive outlook.
The rating reflects a low business risk profile of Transelectrica, given the strategic importance of the natural monopoly Company, in the context of a continuous improvement of the regulatory framework.
In addition, the Company’s rating at individual level (Baseline Credit Assessments) has improved, rising from Ba2 to Ba1. The individual rating is the inherent ability of a company to meet financial obligations without government support.
The company notes that the mentioned rating, strengthens a favorable position regarding the its ability to meet its present and future financial obligations, showing that Transelectrica has a solid financial profile, with a low leverage ratio and strong, stable and predictable financial values, in the context of a process characterized by the continuous and consistent application of the regulatory framework’s key principles.