• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD

BULLETIN: C.N. Transelectrica S.A. Unaffected by Romania Upgrade Feb 03

  • ID: 2052031
  • February 2003
  • Region: Romania
  • Standard & Poors


  • C.N. Transelectrica S.A.
  • Romania
  • MORE

Standard & Poor's Ratings Services said today that its ratings and outlook on Romanian electricity transmission grid company C.N. Transelectrica S.A. (local currency BB-/Positive/--; foreign currency B+/Positive/--) remain unaffected by today's upgrade of the Republic of Romania (local currency BB/Positive/B; foreign currency BB-/Positive/B). There are no explicit government guarantees for Transelectrica's debt, but, because of the company's strategic importance, the government is expected to provide implicit support through a favorable attitude toward the company. The upgrade of the sovereign reflects continued successful stabilization of the economy. Standard & Poor's will, during its normal review cycle, monitor how the improvements in Romania's economic and political environment affect Transelectrica's credit profile. ANALYST E-MAIL ADDRESSES andreas_zsiga@standardandpoors.com ralf_etzelmueller@standardandpoors.com mikhail_galkin@standardandpoors.com infrastructureeurope@standardandpoors.com...

Companies mentioned in this report are:
- C.N. Transelectrica S.A.
- Romania

Action: S&P Event

Standard and Poors RatingsXpress Credit Research READ MORE >

Note: Product cover images may vary from those shown

- C.N. Transelectrica S.A.
- Romania

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown


Our Clients

Fluidigm Corporation Apple, Inc. CEVA Santé Animale Abbott Laboratories Ltd. Merck Group Allergan Inc. Pfizer, Inc.