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Published on 12/8/2004 in the Prospect News Emerging Markets Daily.

Moody's rates Empresa Electrica notes Ba2

Moody's Investors Service said it assigned a Ba2 rating to Empresa Electrica de Guatemala SA's $100 million senior unsecured notes.

Moody's also assigned a Ba2 senior implied rating and a Ba3 issuer rating. The outlook is stable. Comercializadora Electrica de Guatemala SA will provide a guaranty for Empresa Electrica's obligations.

The rating reflects Moody's opinion of the company's unsupported ability to meet senior unsecured obligations.


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