Moody's upgrades Transelectrica's rating to Ba1; stable outlook

Moody's Investors Service, ("Moody's") has this Thursday upgraded to Ba1 from Ba2 the corporate family rating (CFR) and to Ba1-PD from Ba2-PD the probability of default rating of Romanian electricity transmission system operator Transelectrica S.A. According to the press release sent by Moody's, it has also upgraded its view of Transelectrica's standalone credit quality, as expressed by the company's baseline credit assessment (BCA), to ba2 from b1. ...

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