Moody’s reaffirmed BEH’s rating – Bulgaria, 20 July 2016

Rating company Moody’s has assigned a provisional (P)Ba2 senior unsecured rating to proposed bond issuance of the Bulgarian Energy Holding (BEH).
Moody’s normally issues provisional ratings in advance of the final sale of securities to express its preliminary credit opinion regarding to the transaction only, with a definitive rating possibly differing from a provisional one. At the same time, Moody’s has reaffirmed BEH’s provisional (P)Ba1 corporate family rating (CFR) with a stable outlook.

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