Credit rating agency Standard & Poor’s (S&P) announced that it has revised the outlook of Croatian state-owned power utility HEP from negative to stable. Last week, S&P affirmed BB long-term and B short-term foreign and local currency sovereign credit ratings on Croatia, while revising its outlook to stable, which resulted in upgrading HEP’s outlook to […]
Credit rating agency Standard & Poor’s has upgraded the stand-alone credit profile of Croatian state-owned power utility HEP from b+ to bb and its overall corporate credit rating from BB- to BB, in order to match Croatia’s sovereign credit rating level. The rating agency explained that at the moment HEP’s credit rating could not exceed […]
The ratings company Fitch Ratings said in the statement that an interest-free loan from the Bulgarian state to National Electric Company (NEK) for the NPP Belene arbitration payment is mildly positive for the rating of Bulgarian Energy Holding (BEH), which NEK is a subsidiary of. Last week, The Bulgarian Parliament has approved a draft bill […]