Moody’s Downgrades Eletropaulo

Moody’s Downgrades Eletropaulo

Brazil Corporate & Sovereign Strategy

Moody’s has lowered the credit rating of Brazil's Eletropaulo to Ba1 from Baa3, it says. The regulated electricity distribution utility’s downgrade comes primarily due to lower tariffs and operating cash flows following a periodic tariff review, as w

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