Fitch gives AA(bra) rating to Eletrosul $14.4 mm emission

Rating agency Fitch Ratings awarded the ‘AA(bra)’ National Long Term Rating for the second R$ 77 million ($14.4 mm) debenture issue by CGT Eletrosul, the successor by incorporation to Transmissora Sul Brasileira de Energia. According to Fitch, the debenture issue, with real guarantee and carried out in a single series, has final maturity in 2028. The debentures are guaranteed by the receivables from the Annual Allowed Revenue linked to the concession of the transmission line.

Source: Canal Energia