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Moody's Ratings affirms Transelectrica's Baa3 rating; outlook stable

Moody's Ratings (Moody's) has today affirmed the Baa3 long-term issuer ratings of Transelectrica S.A.. Concurrently, we have affirmed the ba1 Baseline Credit Assessment (BCA). The outlook remains stable. RATINGS RATIONALE Today's rating affirmation reflects our expectation that the company will ...

Transelectrica S.A.: Update to credit analysis

Our credit view of this issuer reflects its low debt and strong financial metrics, against a track record of government decisions to extract higher dividends.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Transelectrica S.A. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 22 August 2024 in which we reassessed the appropriateness of the ratings in the context...

Transelectrica S.A.: Update following publication of H1 2023 results

Our credit view of Transelectrica reflects its low debt and strong financial metrics, against its governance weaknesses, such as the lack of continuity in management and the supervisory boar

Transelectrica S.A.: Regular update following H1 2022 results publicat...

Our credit view of Transelectrica reflects its low indebtedness in combination with the gradual development of a credit-supportive regulatory framework.

Moody's announces completion of a periodic review of ratings of Transe...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Transelectrica S.A. Global Credit Research- 13 Dec 2021. Frankfurt am Main, December 13, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Transelectrica S.A. and other ratings that are associated with the same analytical unit.

Transelectrica S.A.: Update following rating upgrade, outlook changed ...

Our credit view of Transelectrica reflects its low debt and strong financial metrics, constrained by a track record of government decisions to extract higher dividends.

Moody's upgrades Transelectrica's ratings to Baa3, stable outlook

Rating Action: Moody's upgrades Transelectrica's ratings to Baa3, stable outlook. Global Credit Research- 19 Oct 2021. Frankfurt am Main, October 19, 2021-- Moody's Investors Service has today assigned Baa3 long term issuer ratings to the Romania-based monopoly electricity transmission operator Transelectrica S.A. and concurrently withdrawn the Ba1 Corporate Family Rating and the Ba1-PD probability of default rating, as per the rating agency's practice for corporates...

Transelectrica S.A.: Update to credit analysis

Our credit view of Transelectrica reflects the moderate business risk from its regulated transmission grid operations and its low leverage, partly offset by enduring governance weaknesses.

Moody's announces completion of a periodic review of ratings of Transe...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Transelectrica S.A. Global Credit Research- 29 Jan 2021. Frankfurt am Main, January 29, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Transelectrica S.A. and other ratings that are associated with the same analytical unit.

Transelectrica S.A.: Update following rating affirmation

Our credit view of Transelectrica, reflecting the credit-supportive tariff-setting framework in the current period and the company's solid financial profile and good liquidity.

Moody's affirms Transelectrica's Ba1 rating, positive outlook

Rating Action: Moody's affirms Transelectrica's Ba1 rating, positive outlook. Global Credit Research- 05 May 2020. Frankfurt am Main, May 05, 2020-- Moody's Investors Service has today affirmed the Ba1 corporate family rating and Ba1-PD probability of default rating of Transelectrica S.A., the Romanian monopoly electricity transmission operator.

Transelectrica S.A.: Update to credit analysis

Our credit view of Transelectrica, reflecting its low debt leverage and the challenges associated with its capital spending programme in the context of the tariff-setting framework.

Moody's announces completion of a periodic review of ratings of Transe...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Transelectrica S.A. Global Credit Research- 02 Apr 2019. Frankfurt am Main, April 02, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Transelectrica S.A. and other ratings that are associated with the same analytical unit.

Transelectrica S.A.: Update following rating affirmation with positive...

Update following the change of outlook to positive, reflecting the improving regulation and Transelectrica's strong metrics, but challenged by low investments and a high dividend policy.

Moody's changes Transelectrica's outlook to positive from stable; affi...

Moody's Investors Service has today affirmed the Ba1 corporate family rating (CFR) and Ba1-PD probability of default rating of the Romanian electricity transmission system operator Transelectrica S.A.("Transelectrica"). The outlook has been changed to positive from stable. A CFR i...

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