Moody’s improved Transelectrica rating from Ba1 to Baa3
Thursday, January 25, 2007
Moody’s Investors Service improved the rating allocated to Transelectrica from Ba1 to Baa3 with stable perspective. According to the financial rating company, the revision took into consideration the improvement of ratings offered to Romania in October last year, as a result of the reduction of public debt and the consolidation of economic institutions. The Moody’s analysts show that Transelectrica has a strategic role as owner and operator of the Romanian system of electricity ...