17.09.2014 19:53:00

Reventazon Finance Trust -- Moody's downgrades ICE ratings to Ba1; stable outlook

New York, September 17, 2014 -- Moody's Investors Service downgraded today to Ba1 the Baa3 senior unsecured rating of Instituto Costarricense de Electricidad (ICE). Concurrently, Moody's also downgraded to Ba1 the Baa3 senior secured rating of Reventazon Finance Trust. Moody's also assigned today Corporate Family ratings of Ba1 to both issuers. The outlook for each is changed to stable from negative.

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