Electric Networks of Armenia -- Moody's changes outlook on Electric Networks of Armenia to negative
Published on: Friday 25 March 2022
Rating Action: Moody's changes outlook on Electric Networks of Armenia to negativeGlobal Credit Research - 25 Mar 2022London, March 25, 2022 -- Moody's Investors Service (Moody's) has today changed the outlook on Electric Networks of Armenia (ENA) to negative from stable. Concurrently, Moody's has affirmed the Ba2 Corporate Family Rating (CFR) and Ba2-PD probability of default rating of ENA, the national electricity distribution company in Armenia.Today's rating action on ENA follows the outlook change to negative from stable on the Ba3 rating of the Government of Armenia on 24 March 2022.
