Long-Term Local Currency Senior Unsecured Issues

Latvenergo AS

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

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.