The rating agency Moody's, in its periodic reviews, raised the outlook on Hera spa from negative to stable, confirming the BAA1 rating. The choice, as Moody's economists explain in a note issued by the agency, reflects the improvement in credit metrics to a level in line with the BAA1 rating, after the positive results of Hera for the year 2014 and the first quarter of 2015.
Moody's raises Hera rating
The Bologna-based multiutility, chaired by Tomaso Tommasi di Vignano, saw its outlook improve by the rating agency: from negative to stable, confirming the BAA1 rating.