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

  • ID: 1807993
  • December 2010
  • Standard & Poors
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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 Comisión 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
- Mexico

Action: Affirmed

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
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- Comision Federal De Electricidad
- Mexico

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