Moody’s ERWAT Credit Opinion
Moody’s Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody’s commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Moody’s ratings and analysis track debt covering more than:
130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations
Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
2018 Moody’s Credit Opinion on ERWAT
The credit profile of East Rand Water Care Company (ERWAT, Ba1 stable) reflects the company's close financial and operational links with its support provider, the City of Ekurhuleni (Baa3 stable), which guaranteed 91% of the [...]
2017 Moody’s Credit Opinion on ERWAT
The Ba1/Aa3.za global and national scale long-term issuer ratings of East Rand Water Care Company (ERWAT) reflect its close financial and operational links with its support provider, Ekurhuleni Metropolitan Municipality (Baa3/Aaa.za), which guaranteed 92% [...]