INSUBCONTINENT EXCLUSIVE:
to AAA, the highest possible score on their scale
profile, which has improved significantly in recent times
(Photo Internet reproduction)Additionally, the company has sold some assets to boost its liquidity
These moves prepare Cemig for the repayment of eurobonds due in December 2024
Despite this, Fitch believes the company will maintain access to funding
bolstered by strategic decisions
These include optimizing operations and divesting non-core assets
It demonstrates how sound financial management can lead to improved credit ratings
This achievement may inspire other companies in the industry to follow suit.The upgrade to AAA status on the national scale is a significant
This top-tier rating may open doors to better financing options and investor confidence.As Cemig continues to evolve, it faces both
opportunities and challenges
The company must balance its investment plans with maintaining financial stability.Its success in navigating these waters will be crucial
for sustaining its newly achieved top-tier credit rating.
