06.06.2014 12:42:00

Abengoa S.A. -- Moody's: Initial Public Offering of Abengoa Yield plc is credit positive with no immediate impact on Abengoa S.A's Corporate Family Rating

Frankfurt am Main, June 06, 2014 -- On 02 June 2014Abengoa S.A. (Abengoa) announced the commencement of the Initial Public Offering of Abengoa Yield plc (ABY), a so called yieldco. Initially after the initial public offering Abengoa S.A. will hold approximately 71.1% of the voting power in ABY. The establishment of the yieldco will at this point in time have no impact on Abengoa's B2 Corporate Family Rating (CFR) and the stable outlook on the rating, says Moody's Investors Service.

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