Moody's rates Vianorte debt Ba1/Aa2.br

Moody's America Latina said it assigned Ba1 and Aa2.br ratings on the global scale and on the Brazilian national scale, respectively, to the R$150 million senior unsecured debentures that are planned to be issued by Vianorte SA in the next few weeks.

At the same time, the agency affirmed Vianorte's Ba1/Aa2.br issuer ratings on the global and national scales, respectively. Moody's also affirmed the Ba1/Aa2.br ratings of the company's outstanding senior secured debentures, which mature in 2015 and 2017.

The outlook is stable.

Moody's said the Ba1 and Aa2.br issuer ratings of Vianorte reflect the mature nature of the concession, as evidenced by its solid and stable historic performance.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.