Moody's downgrades EPEC

Moody's Latin America said it downgraded Empresa Provincial de Energia de Cordoba's (EPEC) national scale rating to Baa2.ar from A3.ar and affirmed the B3 global scale rating.

The outlook remains negative.

Moody's said the downgrade was triggered by the recent downgrade of the Province of Cordoba's national scale rating to Baa2.ar.

The negative outlook reflects both the negative outlook for the Province's rating and the negative outlook of Argentina's B3 bond rating, the agency said.

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