Strong Balance Sheet to Support Growth
Superior credit capacity
In November 2016
CEMIG
Fitch Ratings A(bra)
Investment Grade
Cemig H, Cemig GT and Cemig D
National Scale
Speculative Grade
AAA AA+ AA
AA- A+
A
A- BBB+ BBB
BBB- BB+ BB BB- B+
B
B- CCC CC
C
RD/D
Baa1.br
B1
Cemig H, Cemig GT and Cemig D
Cemig H, Cemig GT and Cemig D
National Scale
Global Scale
Grau de Investimento
Aaa Aa1 Aa2 Aa3 A1 A2 A3 Baal Baa2 Baa3 Ba1 Ba2 Ba3 B1
Grau Especulativo
B2
B3 Caal Caa2 Caa3 Ca
C
STANDARD
& POOR'S
brBBB+
B+
Cemig H, Cemig GT and Cemig D
Cemig H, Cemig GT and Cemig D
National Scale
Global Scale
AAA
AA+ AA
A+
Grau de Investimento
AA-
Grau Especulativo
A A- BBB+ BBB BBB- BB+ BB BB- B+
B
B- CCC+ CCC CCC-
CC
C
D
Solid fundamentals assured by excellent financial management, stable profitability, strong cash
generation and robust corporate governance.
19View entire presentation