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Published on 8/27/2018 in the Prospect News Emerging Markets Daily.

S&P affirms Interconexion Electrica

S&P said it affirmed its BBB- issuer credit rating on Interconexion Electrica SA ESP.

The outlook remains stable. The company's bbb SACP also remains unchanged.

“The affirmation of the BBB- credit rating, which is one notch below the company's bbb SACP, reflects our view that ISA's rating is capped at the BBB- sovereign foreign currency rating on the Republic of Colombia. This is because the government controls the company through its 51.4% stake,” S&P said in a news release.


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