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Contracts Thursday, March 21, 2013

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Enel, Moody's: plan is in right direction

Moody's has given a positive evaluation of the 2013-2017 strategic plan announced by Enel. A March 15 note approves the new debt reduction target planned for 2015, the 6bn euro spinoff plan and the measures to strengthen assets. The hybrid bonds that the company has announced it will issue should receive the treatment reserved for capital emissions ...

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