Sao Paulo, November 13, 2015 -- On October 30, 2015, Moody's America Latina Ltda (Moody's) assigned a Baa3 rating on the global scale and a Aa1.br rating on Brazil's national scale to the senior unsecured amortizing BRL 450 million debentures to be issued by AES Tiete S.A.in up to three tranches with maturities of up to 5 years. At that time, Moody´s understanding was that the issuance could increase by up to BRL 157 million subject to the book building process. On November 13, 2015, as per the updated debenture issuance, the total amount to be issued by AES Tiete S.A. decreased to BRL440 million in up to three tranches with maturities of up to 5 years. Moody´s understands that the issuance could increase by up to BRL154 million subject to the booking building process.
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