Cemig Distribuicao S.A. -- Moody's upgrades CEMIG and its subsidiaries to Ba3/A1.br; outlook positive

Moody's America Latina ("Moody's") has upgraded the corporate family ratings (CFR) of Companhia Energetica de Minas Gerais - CEMIG (CEMIG) to Ba3/A1.br from B1/Baa1.br respectively in global and national scale. Concomitantly, Moody's has upgraded the global scale issuer and senior unsecured ratings of Cemig Distribuicao S.A. (CEMIG D) to Ba3 from B1 and the national scale issuer and senior unsecured ratings to A1.br from Baa1.br. Moody's has also upgraded the global scale issuer, senior unsecured, and senior secured ratings of Cemig Geracao e Transmissao S.A. (CEMIG GT) to Ba3 from B1, and the national scale issuer, senior unsecured, and senior secured ratings to A1.br from Baa1.br.