Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Z > Headlines for Zagrebacki Holding d.o.o. > News item |
Moody’s rates Zagrebacki Holding Ba2
Moody's Public Sector Europe said it assigned a Ba2 long-term issuer rating to Zagrebacki Holding d.o.o., a 100%-owned utility company of the City of Zagreb.
The outlook is stable.
The Ba2 rating on the senior unsecured bond maturing in July 2017 is unaffected.
Moody’s said the issuer rating of Zagrebacki Holding reflects the opinion that its credit quality is closely linked to the credit quality of the City of Zagreb (Ba2, stable). Zagrebacki Holding benefits from its strong institutional and financial linkages with the City of Zagreb as its sole owner, either in the form of subsidies or regulated tariffs in most businesses, the agency added.
© 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.