S&P affirms EDP at "BBB-" with stable outlook
Monday 15, April 2019
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S&P affirms EDP at "BBB-" with stable outlook
Today, Standard & Poor's Global Ratings (“S&P”) affirmed the long-term corporate credit rating on EDP – Energias de Portugal S.A. (“EDP”) and EDP Finance B.V. (“EDP Finance”) at “BBB-”. At the same time, the short-term credit rating was affirmed at “A-3”. The outlook is stable.
The affirmation of EDP’s ratings is based upon S&P’s expectation of continued reduced leverage over time in line with the recently announced strategic plan for 2019-2022.
This information is disclosed pursuant to the terms and for the purposes of the article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council and of article 248-A of the Portuguese Securities code.
EDP – Energias de Portugal. S.A.
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