Moody’s Lowers Eletrobras

Moody’s Lowers Eletrobras

Brazil Corporate & Sovereign Strategy

Moody's has downgraded Eletrobras’ rating to Baa3 from Baa2, it says, on an expected reduction in revenues. The action comes after Eletrobras accepted the federal government's offer to renew its concessions early, which the rating agency sees reducin

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