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Published on 12/16/2011 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Fitch affirms Energisa

Fitch Ratings said it has affirmed Energisa SA's and its subsidiaries' ratings. The outlook is stable.

According to the agency, Energisa's and its subsidiaries' ratings reflect the company's adequate consolidated financial profile, characterized by moderate leverage, robust liquidity and lengthened debt maturity profile.

The group also benefits from its operation in the energy distribution segment, as regulated natural monopolies, and has benefited from a diversified and growing client base, the agency added.


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