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European rating agency. Objective, transparent, independent.

Latvenergo AS

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
A- Outlook STA 13.09.2024 19.09.2024
BBB+ Outlook STA 04.07.2023 06.07.2023

News

  • 19.09.2024
    Creditreform Rating has upgraded the unsolicited corporate issuer rating of Latvenergo AS from BBB+ to A- and its short-term rating from L3 to L2. Creditreform Rating has also upgraded the unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Latvenergo AS from BBB+ to A-. These issues are included in the list of ECB-eligible marketable assets, which can be found on the ECB's website. The outlook for the ratings remains stable. For more details regarding the ratings, please refer to our update report below.
  • 06.07.2023
    Creditreform Rating has assigned the initial unsolicited corporate issuer rating of Latvenergo AS with BBB+ / L3. Creditreform Rating has also set the initial unsolicited corporate issue ratings of the long-term local currency senior unsecured notes issued by Latvenergo AS at BBB+. These issues are included in the list of ECB-eligible marketable assets, which can be found on the ECB's website. The outlook for the ratings is stable. For more details regarding the ratings, please refer to our rating report below.