MOODY’S: ENEL’S LONG-TERM CREDIT RATING TO “A3” AND SHORT-TERM CREDIT RATING TO “PRIME-2”. THE OUTLOOK IS NEGATIVE

The rating revision follows the amendment of the Italian Republic credit rating recently carried out by Moody’s

Rome, October 6th, 2011 – Yesterday night Moody's reviewed the long-term credit rating to “A3” (from “A2”) and short-term credit rating to “Prime-2” (from “Prime-1”) for Enel S.p.A. (“Enel” or the “Company”). The outlook is now negative.

The revision of Enel’s rating follows the amendment recently carried out by Moody’s on the Italian Republic credit rating.

Moody’s states therefore that the Company’s rating no longer benefits from a one-notch uplift due to the fact that the likelihood of Enel receiving extraordinary support from the Italian government, which owns about 31% of the Company’s share capital, has significantly diminished, in light of weakened sovereign creditworthiness.

Microsoft Word - Revisione rating Moody's inglese

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For the dissemination to the public and the storage of regulated information made available to the public, Enel S.p.A. has decided to use respectively the platforms “eMarket SDIR” and “eMarket Storage”, both available at the address www.emarketstorage.com and managed by Spafid Connect S.p.A. with registered office in Milan, at Foro Buonaparte, 10. The aforementioned services are authorized by Consob (resolution No.19878 of February 15th, 2017, related to the mechanism for the dissemination to the public of regulated information “eMarket SDIR” and resolution No. 19879 of February 15th, 2017, related to the mechanism for the central storage of regulated information “eMarket Storage”). 
From May 19th 2014 to June 30th 2015, Enel S.p.A. used the authorized mechanism for the storage of regulated information denominated “1Info”, available at the address www.1info.it, managed by Computershare S.p.A. with registered office in Milan and authorized by Consob with resolution No. 18852 of April 9th, 2014.