STOCK TITAN

S&P lifts Edenor (NYSE: EDN) credit rating to raAA- with stable outlook

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Empresa Distribuidora y Comercializadora Norte S.A. (Edenor) reports that S&P National Ratings has upgraded its issuer credit rating, national scale issue rating, and the rating of its Global Notes Program from “raA+” to “raAA-”. The outlook on these ratings has also been revised from positive to stable.

This upgrade signals an improved view of Edenor’s credit quality on the Argentine national rating scale, which can influence its perceived risk for lenders and bond investors.

Positive

  • S&P National Ratings upgrade: Edenor’s issuer credit rating, national scale issue rating, and Global Notes Program rating were raised from “raA+” to “raAA-”, with the outlook set to stable, indicating improved perceived credit strength on the Argentine national scale.

Negative

  • None.

Insights

S&P’s upgrade to raAA- improves Edenor’s perceived credit quality in Argentina.

Edenor reports that S&P National Ratings raised its issuer, issue, and Global Notes Program ratings from “raA+” to “raAA-” and adjusted the outlook from positive to stable. On the Argentine national scale, this typically indicates stronger capacity to meet financial commitments.

A higher national scale rating can support access to local capital markets and potentially lower funding costs, especially for the Global Notes Program mentioned. The shift to a stable outlook suggests S&P currently sees Edenor’s credit profile as more balanced, assuming operating and regulatory conditions remain consistent.

Previous S&P national scale rating raA+ Issuer, national scale issue, and Global Notes Program rating before upgrade
New S&P national scale rating raAA- Issuer, national scale issue, and Global Notes Program rating after upgrade
Outlook change Positive to stable S&P National Ratings outlook on Edenor’s ratings
Disclosure date June 29, 2026 Date of Edenor’s communication about S&P’s rating action
issuer credit rating financial
"has upgraded the Company’s issuer credit rating, its national scale issue rating"
An issuer credit rating is an independent grade assigned to a company or government that summarizes how likely it is to meet its debt obligations, like a credit score or report card for a borrower. Investors use it to judge risk: a higher rating means lower chance of default and usually lower borrowing costs, while a lower rating signals greater risk and can make bonds more expensive or volatile, affecting returns and portfolio decisions.
national scale issue rating financial
"has upgraded the Company’s issuer credit rating, its national scale issue rating, and the rating"
Global Notes Program financial
"and the rating of its Global Notes Program from “raA+” to “raAA-”"
outlook financial
"from “raA+” to “raAA-”, changing the outlook from positive to stable"
"Outlook" is the general expectation or forecast about how something, such as the economy, a market, or an investment, is likely to perform in the future. It helps investors understand potential risks and opportunities, much like a weather forecast helps people prepare for upcoming conditions. A clear outlook guides decision-making and planning by providing an informed view of what might happen next.
Form 6-K regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of June, 2026

 

EMPRESA DISTRIBUIDORA Y COMERCIALIZADORA NORTE S.A. (EDENOR)

(DISTRIBUTION AND MARKETING COMPANY OF THE NORTH )

(Translation of Registrant's Name Into English)

 

Argentina

(Jurisdiction of incorporation or organization) 

Av. del Libertador 6363,

12th Floor,

City of Buenos Aires (A1428ARG),

Tel: 54-11-4346-5000

(Address of principal executive offices)

 

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F  X     Form 40-F         

(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.) 

Yes          No  X  

(If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-             .) 

 
 

 

 

Buenos Aires, June 29, 2026

 

 

 

Messrs.

COMISIÓN NACIONAL DE VALORES

25 de Mayo 175

City of Buenos Aires

 

Messrs.

BOLSAS Y MERCADOS ARGENTINOS SA

Sarmiento 299

City of Buenos Aires

 

Re: Risk Rating

 

 

Dear Sirs:

 

I hereby address you on behalf of Empresa Distribuidora y Comercializadora Norte S.A. (EDENOR S.A) (“Edenor” and/ or the “Company) in compliance with the applicable regulations, to inform you that, as of today, S&P National Ratings has upgraded the Company’s issuer credit rating, its national scale issue rating, and the rating of its Global Notes Program from “raA+” to “raAA-”, changing the outlook from positive to stable.

 

Yours faithfully.

 

 

Lucila Ayelén Ramallo

Market Relations Officer.

 

 

 

 

 
 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

Empresa Distribuidora y Comercializadora Norte S.A.

 

 

 

 

 

 

 

By:

 /s/ Germán Ranftl

 

Germán Ranftl

 

Chief Financial Officer

 

 

Date: June 29, 2026

FAQ

What rating change did Edenor (EDN) disclose in its June 2026 6-K?

Edenor disclosed that S&P National Ratings upgraded its issuer credit rating, national scale issue rating, and Global Notes Program rating from “raA+” to “raAA-”. The outlook was also revised from positive to stable, signaling a stronger credit view on the Argentine scale.

Which Edenor S&P ratings were upgraded from raA+ to raAA-?

S&P National Ratings upgraded Edenor’s issuer credit rating, its national scale issue rating, and the rating of its Global Notes Program from “raA+” to “raAA-”. This consolidated upgrade covers both the company’s overall credit profile and its key debt program in Argentina.

How did S&P change Edenor’s rating outlook in the latest action?

Along with the upgrade to “raAA-”, S&P National Ratings changed Edenor’s outlook from positive to stable. A stable outlook generally indicates the agency does not anticipate further near-term rating changes if current business, financial, and regulatory conditions persist.

When did S&P upgrade Edenor’s credit ratings to raAA-?

Edenor reported that S&P National Ratings upgraded its ratings on June 29, 2026. The letter dated that day confirms the new “raAA-” level and the shift to a stable outlook for the issuer, national scale issue, and Global Notes Program ratings.

Does the S&P upgrade affect Edenor’s Global Notes Program?

Yes, S&P National Ratings upgraded the rating of Edenor’s Global Notes Program from “raA+” to “raAA-”. This higher national scale rating can influence how investors assess the risk of notes issued under that program within the Argentine market framework.