EDN · Empresa Distribuidora y Comercializadora Norte Sociedad Anónima

The filing reports that Fitch Ratings upgraded Edenor's credit ratings, reflecting an improved assessment of the company's creditworthiness. The upgrade of Long-Term Local Currency IDR to 'B' and Foreign Currency IDR to 'B-' from 'CCC+' indicates a reduction in default risk. The unsecured notes upgrade to 'B' from 'B-' aligns with the IDR upgrades. No specific financial metrics or reasons for the upgrade were disclosed in the filing. This positive rating action may lower borrowing costs and enhance investor confidence.