Report
EUR 220.94 For Business Accounts Only

Companhia Energetica de Minas Gerais - CEMIG: Update Following Rating Downgrade to B2/Ba1.br Negative Outlook

INFRASTRUCTURE AND PROJECT FINANCE CREDIT OPINION 14 June 2017 Update RATINGS Companhia Energetica de Minas Gerais - CEMIG Domicile Belo Horizonte, Minas Gerais, Brazil Long Term Rating B2 Type LT Corporate Family Ratings Outlook Negative Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Cont
Underlying
COMA 18

COMA 18 Joint Stock Company is a Vietnam-based company engaged in real estate development and operations. It is involved in the investment of apartment buildings and houses for sale. The Company is also engaged in the performance of mechanical activities for industrial projects, such as the manufacture and installation of steel structures and fixtures. Other activities include the construction of industrial and civil projects, the transference of industrial infrastructures, the trading of petroleum, the manufacture and trade of construction materials, as well as the operations of hotels and full-service restaurants. As of December 31, 2011, the Company was a 51%-owned subsidiary of Construction Machinery Corporation (COMA).

Provider
Moody's Investors Service
Moody's Investors Service

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