Mexico, December 13, 2013 -- Moody's de Mexico affirmed the Aaa.mx backed senior unsecured national scale ratings of Iberdrola Finanzas, S.A.U. The Aaa.mx ratings on the Certificados Bursatiles were also affirmed. The ratings affirmation is based on Moody's Investors Service's affirmation today on the Baa1 senior unsecured ratings of Iberdrola S.A. (Iberdrola) and its guaranteed subsidiaries. The Certificados Bursatiles issued by Iberdrola Finanzas, S.A.U. are unconditionally and irrevocably guaranteed by Iberdrola S.A.

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