Moody’s assigns international credit rating to INTER RAO UES

Moody’s has used the Government Related Issuer methodology to evaluate the credit profile of JSC INTER RAO UES and views the ongoing government support for INTER RAO UES as highly positive. Moody’s has noted the strategic importance of INTER RAO UES for the Russian energy market, and considers the Group’s presence in the international generation and sales markets, as well as its leading position in trading sector, as positive contributing factors.

In March 2012, Fitch assigned JSC INTER RAO UES an international credit rating of BB+, stable outlook, on the global scale, and АА (rus) on the national scale.

“Assignment of a further international credit rating by Moody’s indicates the high credit quality of our company and opens new opportunities for our access to debt capital markets,” said Dmitry PALUNIN, Member of the Management Board and Head of INTER RAO UES Financial and Economic Center. “We will be able to diversify sources of debt financing for our operational and investment activities, and to optimize the cost of Group’s debt portfolio.”