14.07.2014 16:12:00

Moody's downgrades AyT FONDO EOLICO, FTA notes to B3

London, 14 July 2014 -- Moody's Investors Service announced today that it has downgraded to B3 from B2 the ratings on the Series E1 and E2 notes issued under the AyT FONDO EOLICO, FTA programme (AyT Fondo Eolico). This rating action follows Moody's downgrade of the rating on the notes' guarantor, NCG Banco S.A., to Caa1 from B3 on 30 June 2014.

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