|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||1.0200 - 1.0200|
|52 Week Range||0.6000 - 1.1800|
|Beta (5Y Monthly)||0.30|
|PE Ratio (TTM)||3.40|
|Forward Dividend & Yield||0.05 (4.30%)|
|Ex-Dividend Date||Oct 08, 2020|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") has today upgraded RusHydro, PJSC's (RusHydro) Baseline Credit Assessment (BCA) to baa3 from ba1. Concurrently, the agency affirmed RusHydro's senior unsecured issuer rating and the ratings of its senior unsecured loan participation notes (LPNs), issued by RusHydro Capital Markets DAC for the sole purpose of on-lending the proceeds to RusHydro, at Baa3. The upgrade reflects Moody's view that (1) the financial risks associated with the company's large-scale investment projects in the Far East will be mitigated by a positive regulatory decision on applying the Capacity Delivery Agreement (CDA) framework to these projects, and the company's track record of successfully implementing complex projects; (2) RusHydro's financial performance and liquidity remain robust owing to modest leverage and strong operating performance.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of RusHydro, PJSC 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. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Today we'll look at Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro (MCX:HYDR) and reflect on...