Long-Term Local Currency Senior Unsecured Issues ENEL S.p.A.

ENEL S.p.A.

Rating	Watch	Outlook	Decision Date	Action Validity Date	Maximum Validity
BBB+		Outlook STA	06.06.2019	14.06.2019

14.06.2019

Based on the unsolicited corporate issuer rating of Ente nazionale per l'energia elettrica (ENEL) S.p.A. (BBB+ / stable) Creditreform Rating has conducted unsolicited corporate issue ratings (ISIN) issued by Ente nazionale per l'energia elettrica (ENEL) S.p.A. The rating objects in question are exclusively long term senior unsecured issues denominated in Euro, which have been issued by Ente nazionale per l'energia elettrica (ENEL) S.p.A. and included in the list of ECB-eligible marketable assets. The ECB list of eligible marketable assets can be found on the ECBs website. All the following issues (ISIN) are rated with BBB+ / stable.