Banner "Credit Ratings". Accompanied by hands typing on a computer keyboard, with graphic elements superimposed of faces and arrows. Banner "Credit Ratings". Accompanied by hands typing on a computer keyboard, with graphic elements superimposed of faces and arrows.

Credit Ratings

EPM began the process to register with the Stock Market in 1997. Since then, as provided by Resolution 400 of 1995, the company has had credit ratings for all the securities it has issued to date. In addition, since 2003, as provided by Decree 610 of 2002 issued by the Ministry of Finance and Public Credit (Ministerio de Hacienda y Crédito Público), Empresas Públicas de Medellin has a credit rating. In both cases, EPM has received the highest annual ratings.

Since 2007, EPM has received its Foreign Issuer Default Ratings IDRs from Fitch Ratings. In mid- 2009, when the Company entered the international securities market, Fitch Ratings and Moody´s Investor Service assigned investment grade ratings: the foreign issuer Default Ratings and the international bond issuances.

Rating  Agency

 Annual Review

Rating

Outlook

Fitch Ratings Colombia S.A.

Fitch affirms Local Issuer Default Rating (IDRs) and local senior unsecured notes. December 22, 2025. 

See Report

AAA

Stable Outlook

Fitch Ratings

Fitch downgrades Foreign and local currency Issuer Default Ratings and international senior unsecured notes. December 22, 2025. 

See Report

BB

 

 

Stable Outlook

Fitch Ratings Colombia S.A.

Local Issuer Default Rating (IDRs) and local senior unsecured notes. February 11, 2025. 

See Report

AAA

Stable Outlook

Fitch Ratings

Foreign and local currency Issuer Default Ratings and international senior unsecured notes. February 11, 2025. 

See Report

BB+

 

 

Stable Outlook

 

Fitch Revises Outlooks on Colombian Corporates to NegativeAfter Sovereign Outlook Change. March 14, 2025

See Report

BB+

Negative Outlook

Moody´s Investors Service

Local and Foreign Currency Rating and international senior unsecured notes. May 29, 2026.

See Report

 

Baa3

 

Investment Grade

Stable outlook