Quality | 2014.07.10
Fitch Affirms ITABO's IDRs at 'B'; Outlook Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed ITABO Dominicana SPV\'s (ITABO) foreign currency and local currency Issuer Default Ratings (IDRs) at \'B\'. The Rating Outlook is Stable. A full list of rating actions is provided at the end of this release. KEY RATING DRIVERS ITABO\'s ratings reflect the electricity sector\'s high dependency on transfers from the central government to service its financial obligations, a condition that links the credit quality of the distribution companies (EDEs
For more information, please visit
http://www.businesswire.com/news/home/20[...]rms-ITABOs-IDRs-Outlook-Stable
