June 13, 2024 07:04 GMT
Enel (Baa1/BBB/BBB+): Asset Sale Completed
UTILITIES
Known deal, no credit impact
- Enel completes divestment of Peruvian distribution assets to Southern Energy for $3.1bn.
- Deal was signed in 2022 and flagged to close this month at 1Q24 results.
- Proceeds will reduce net debt and Moody’s cited this in their recent outlook change from negative to stable.
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