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Published on 6/22/2020 in the Prospect News Emerging Markets Daily.

Fitch revises Energisa national view to negative

Fitch Ratings said it revised the outlook on the national scale ratings of Energisa SA to negative from stable and affirmed the long-term foreign and local currency issuer default ratings at BB and BB+, respectively, and national scale rating at AAA(bra).

“The revision of the rating outlook for the national scale ratings, which would also be applied to the rating outlook of the local currency IDRs if they had not been affected before, reflects the group’s challenging scenario to bring its consolidated credit metrics in line with the current ratings,” Fitch said in a press release.


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