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Fitch Affirms EEB's IDRs at 'BBB'; National Scale at 'AAA(col)'; Outlook Stable (Fitch Inc)

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(Source: Fitch Inc) 27 Oct 2015 7:01 PM GMT/UTC Fitch Ratings-New York-27 October 2015: Fitch Ratings has affirmed Empresa de Energia de Bogota E.S.P.'s (EEB) ratings as follows: --Foreign and local currency Issuer Default Ratings (IDRs) at 'BBB'; --International senior unsecured debt at 'BBB'; --National scale long-term ratings at 'AAA(col)'. The Rating Outlook is Stable. KEY RATING DRIVERS EEB's ratings reflect the company's stable cash flow generation, strong business position, expectations for leverage in-line with the rating level, as well as its solid liquidity position. The ratings also reflect EEB's reliance on dividends from its subsidiaries to service its debt and the company's...

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