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Moody's changes CVA's outlook to negative from stable; affirms Baa2 ratings

Moody's Investors Service ("Moody's")  has today changed the outlook on Compagnia Valdostana delle Acque S.p.A. ("CVA") to negative from stable. Concurrently, Moody's has also affirmed CVA's Baa2 long-term issuer rating and the Baa2 rating on the EUR50 million senior unsecured notes due November 202...
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
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    76,000 structured finance obligations

Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.

Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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