Standard & Poor's Upgraded the Stand-Alone Credit Profile of HEP
Standard & Poor's (S&P) Credit Rating Agency upgraded the stand-alone credit profile of Hrvatska elektroprivreda (HEP) from b+ to bb, as well as its overall corporate credit rating from BB- to BB, by which the latter reached Croatia's sovereign credit rating level. Standard & Poor's stated that at this moment HEP's credit rating could not exceed the sovereign rating.