S&P affirms Emgesa

S&P said it affirmed its long-term BBB global scale issuer and issue-level ratings on Emgesa SA ESP.

The outlook is stable.

The company's bbb stand-alone credit profile is unchanged.

The agency said the ratings reflect a view that Emgesa is a key subsidiary of Enel Americas SA (BBB/stable/--).

“In our view, the company is integral to the group’s identity and strategy, and as a result should receive parent support under any foreseeable circumstances,” S&P said in a news release.

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