Moody’s changes to positive the outlook on Eesti Energia’s A1 ratings

10.03.2006
Today, 10th of March, Moody's Investors Service changed to positive from stable the outlook on the long-term issuer and senior unsecured A1 ratings of Eesti Energia AS. According to Moody’s Eesti Energia is on A1 level. «We are pleased to know Moody’s has made a decision to change to positive the outlook on Eesti Energia’s ratings» - said the finance director of Eesti Energia Margus Kaasik. High ratings increase company’s credibility and provide tremendous opportunities on the international capital markets. He explained that high ratings are vital from interest rate’s point of view. High rating allocated by an independent rating agency enables company to increase its credibility among investors and apply for low-interest loans. Eesti Energia has had Moody’s Investor Service contract since 2002. Last summer, Moody’s upgraded Eesti Energia’s rating to A1 level. Iveri Marukashvili
Eesti Energia Communications Specialist
Tel.: +372 71 51 218
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E-mail: iveri.marukashvili@energia.ee
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