09:02 AM EDT, 05/15/2026 (MT Newswires) -- Moody's on Friday upgraded CTP's (CTPNV.AS) long-term issuer rating to Baa2 from Baa3, while revising its outlook to stable from positive.

The upgrade reflects the company's strengthened business profile and solid operating performance across its portfolio.

Meanwhile, the stable outlook mirrors the expectation that CTP will improve its financial metrics in line with the Baa2 rating guidance, while maintaining strong operational performance and lowering debt-funded capital expenditure over the next two years.