Standard & Poor's affirmed ENEL "A-" long-term credit rating and "A-2" short-term credit rating and removed the creditwatch with negative implications on long-term credit rating.
The outlook is stable from negative.
Rome, July 13th, 2009 – Standard & Poor’s affirmed today its “A-” long-term credit rating on Enel S.p.A. (“Enel” or the “Company”), removing the negative CreditWatch, and
affirmed as well its “A-2” short-term credit rating on the Company. The outlook is stable from negative.
Such changes mainly follow the favourable outcome of the Enel’s 8 billion euros capital increase, that in Standard & Poor’s view has strengthened the Company’s and Group’s
capital structure and reduced refinancing risk, improving liquidity.