21.03.2014 20:51:00
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Companhia de Saneamento de Minas Gerais -- Moody's America Latina Ltda. assigns Ba1/Aa2.br rating to COPASA's planned BRL250 million senior unsecured, non-convertible debentures; Outlook remains...
Sao Paulo, March 21, 2014 -- Moody's America Latina Ltda. ('Moody's') assigned a Ba1 rating on the global scale, and an Aa2.br Brazilian National Scale Rating ("NSR") to the BRL250 million senior unsecured, non-convertible debentures (the "Seventh Issuance") that the Companhia de Saneamento de Minas Gerais S.A.(COPASA) plans to issue in April 2014. At the same time, Moody's affirmed the Ba1 and Aa2.br ratings for both the outstanding senior unsecured debentures, which were rated in 2012, as well as the Corporate Family Rating ("CFR") on the global and NSR, respectively. The outlook remains positive for all ratings.