Moody’s gives Energo-Pro notes Aa1

Moody’s Investors Service said it assigned Energo Pro as’ planned sale of up to €310 million of backed senior unsecured notes due 2035 an Aa1 rating. The notes will be guaranteed by the U.S. International Development Finance Corp., an agency of the U.S. government.

Energo will use the proceeds to repay its 4 ˝ % notes due 2024, pay fees involved in issuing the notes and for general corporate purposes.

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