|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||155.02 - 155.02|
|52 Week Range||73.00 - 155.89|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||4.00 (2.58%)|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") has today affirmed the Baa2 issuer rating of Interconexion Electrica S.A. E.S.P. (ISA). This action follows Moody´s recent rating action on the government of Colombia where the rating agency affirmed Colombia´s long-term local and foreign-currency issuer, senior unsecured debt ratings and foreign-currency shelf senior unsecured ratings at Baa2/(P)Baa2 and changed the outlook to stable from negative (https://www.moodys.com/research/Moodys-changes-Colombias-outlook-to-stable-from-negative-affirms-Baa2--PR_400670). ISA's rating affirmation and outlook revision to stable from negative reflect the overall linkages in credit profile that ISA has with the Colombian sovereign.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Interconexion Electrica S.A. E.S.P. New York, May 07, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Interconexion Electrica S.A. E.S.P. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service ("Moody's") has assigned a Baa3 global scale rating to the $400 million senior unsecured notes due 2034 to be issued by Consorcio Transmantaro S.A. ("CTM" or "the company"). Proceeds from the offering will be largely used to fund the early redemption of CTM's outstanding bank loans and for capex purposes. The assigned rating is based on preliminary documentation received by Moody's as of the rating assignment date.
Moody's Investors Service ("Moody's") affirmed today the Baa3 foreign currency senior unsecured rating assigned to Consorcio Transmantaro S.A. (CTM, Baa3 stable). The rating affirmation reflects our expectation that CTM's leverage metrics will remain relatively high as of 2020-2021 despite expected short-term improvements, in light of programmed capital expenses (capex) related to the projects awarded in October 2017, entitled 500kV Mantaro-Nueva Yanango-Carapongo transmission line and associated substations (COYA) and 500kV Nueva Yanango-Nueva Huanuco transmission line and associated substations (YANA), estimated at US$500 million in combination. CTM has a strong business profile, will low revenue risk.