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Moody’s revises Infraestruturas de Portugal view to positive
Moody's Investors Service said it revised its outlook for Infraestruturas de Portugal, SA to positive from stable following the change in outlook for Portugal to positive from stable.
The agency sees strong linkages between the national government and IP. Over the years, the government has injected capital into the company as needed.
IP’s government-guaranteed debt is rated as the level as Portugal’s debt.
Moody’s affirmed IP’s Ba1 corporate family rating and senior unsecured rating.
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