Moody's: National Power Corp on review

Moody's Investors Service said it has placed the Ba1 debt rating of National Power Corp. on review for possible downgrade.

The rating action follows Moody's decision to place the Philippines' Ba1 foreign currency sovereign ceiling under review for possible downgrade. National Power Corp.'s Ba1 rating reflects the Philippines government's unconditional and irrevocable guarantee for National Power's rated senior unsecured debts.

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