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| Credit Rating Advisory |
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Bulgarian Energy Holding – a successful credit rating advisory project
BAC was credit rating advisor to large energy corporate against Fitch for assigning a credit rating to the Holding and its EUR 500 million Eurobond. The services BAC provided included significant work and structuring of the rating presentation, advised on answering the detailed questions of the rating agency, worked with large energy corporate relative staff to prepare them for the presentation before Fitch, etc. As a result, large energy corporate was assigned BB+, Stable Outlook. It was an excellent result bearing in mind the situation of a global financial crisis and the recent resignation of the Bulgarian government, with rating committee after the fall down of government.
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