Standard&Poor’s dropped the rating for Hidroelectrica from positive to stable
Thursday, April 10, 2008
Standard & Poor’s revised by dropping the rating perspective for Hidroelectrica from „ positive” to „ stable” due to reduced liquidity and delay of the public offer which had to take place this year. At the same time, the agency for financial evaluation confirmed the „”BB” for the long-term debt of the company. „The revision of the rating to stable reflects the low liquidity of Hidroelectrica, being determined by the fact that the initial public bid which had to ...