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Published on 6/25/2019 in the Prospect News Investment Grade Daily.

Fitch affirms Entega Netz

Fitch Ratings said it affirmed Entega Netz AG's long-term issuer default rating at BBB and senior unsecured rating at BBB+. The outlook is stable.

“The affirmation reflects Entega Netz's stable operating performance in 2018 in a predictable regulatory environment,” the agency said in a news release.

“We expect that the company will continue to comply with the requirements of the third regulatory period for distributors of gas and electricity until 2022 and 2023 respectively.”


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