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Article: S&P Rates AES Sul Distribuidora Gaucha 'brA'.
- Article from:
- PR Newswire
- Article date:
- December 19, 2000
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NEW YORK, Dec. 19 /PRNewswire/ --
Standard & Poor's today assigned its 'brA' national scale issuer credit rating to AES Sul Distribuidora Gaucha de Energia S.A. The outlook is stable.
AES Sul is an electric distribution company serving 3.3 million customers in the state of Rio Grande do Sul, which is one of the most prosperous and fastest growing regions in Brazil. AES Sul's rating reflects the challenges of operating in Brazil, including an evolving regulatory scheme and the potential for economic and financial volatility. These risks are offset by a 30-year monopoly to distribute electricity within its concession area, a robust and diversified ...