London, 13 November 2013 -- Moody's Investors Service has today changed to stable from negative the outlook on REN - Redes Energeticas Nacionais, SGPS S.A. ("REN") and its finance subsidiary, REN Finance B.V. 's (REN BV) ratings. Concurrently, the Ba1 issuer rating of REN and the Ba1/(P)Ba1 senior unsecured ratings assigned to REN and REN BV have been affirmed.

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