Credit Ratings

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 Additional Reviews
Fitch Ratings Colombia S.A Local Issuer Default Rating (IDRs) and local senior unsecured notes. Sept.2017 AAA Rating watch negative from stable outlook

Nov.27,2018

 


Fitch Ratings Foreign and local currency Issuer Default Ratings and international senior unsecured notes. Sept.2017 BBB Rating watch negative from stable outlook June 01,2018
Moody´s Investors Service Local and Foreign Currency Rating and international senior unsecured notes. Oct.2017 Baa3

Negative outlook

Jan 18,2019