London, 19 November 2014 -- Moody's Investors Service ("Moody's") has today assigned a definitive Ba1 long-term rating to the EUR1.0 billion undated, eight-year Non-Call Securities (the "hybrid") issued by Gas Natural Fenosa Finance B.V. (Gas Natural Fenosa Finance). The notes are guaranteed on a subordinated basis by Gas Natural SDG, S.A. (Gas Natural Fenosa, "the group"). The outlook on the rating is stable.
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