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Energy company receives report card

Jul 22, 1999

VILNIUS (BNS) - Fitch IBCA, the international rating agency, affirmed July 15 the "BB+" senior unsecured rating and "B" short-term rating of Lithuanian power utility Lietuvos Energija. The agency reaffirmed the ratings it had assigned early in 1998.The global credit rating agency Standard & Poor's in June also confirmed the "BB+" rating assigned to the largest Lithuanian energy company a year ago.Lietuvos Energija now is waiting for affirmation or revision of its "Ba1" rating assigned by Moody's ...

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