02.09.2015 05:17:00
|
Light S.A. -- Moody's places Light S.A., Light Serviços de Eletricidade S.A. and Light Energia S.A. under review for downgrade
Sao Paulo, September 02, 2015 -- Moody's has placed Light S.A. (Ba2/Aa3.br stable) and its wholly owned electricity distribution and generation subsidiaries Light Serviços de Eletricidade S.A. (Light SESA, Ba2/Aa3.br stable) and Light Energia S.A. (Ba2/Aa3.br, stable) under review for downgrade given a breach of covenants which was announced by the company on August 13, immediately after the release of the second quarter (Q2) 2015 financial results.