Moody’s revises EEM view to stable

Moody’s Investors Service said it changed the outlook to stable from positive and affirmed Empresa de Electricidade da Madeira, SA (EEM)’s B1 long-term corporate family rating

The outlook revision follows the change in outlook, to stable from positive, for the Autonomous Region of Madeira, the agency said. The region owns EEM; as such, Moody’s considers it to be a government-related issuer.

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