Comision Federal De Electricidad (CFE) 'BBB' Rating Affirmed; Outlook Stable Dec 10

Standard & Poors, December 2010

Abstract
The incorporation of LFC's operations was seamless and may prove beneficial for CFE. We affirmed CFE's long-term foreign-currency corporate credit rating at 'BBB'. We do not expect any changes in CFE's autonomy or its links with the Mexican federal government. MEXICO CITY (Standard & Poor's) Dec. 17, 2010--Standard & Poor's Ratings Services said today that it affirmed its foreign-currency long-term corporate credit rating on Comisi-n Federal De Electricidad (CFE) at 'BBB'. We also affirmed our 'A' long-term local-currency corporate credit rating on CFE. The outlook is stable. "Our ratings on CFE reflect our opinion that there is an almost certain likelihood that the United Mexican States would provide timely and sufficient extraordinary support to CFE in the event of financial...

Companies mentioned in this report are: Comision Federal De Electricidad (CFE),United Mexican States
Action: Affirmed

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Research type: News
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Comision Federal De Electricidad (CFE),United Mexican States

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