Fitch rates E.ON Generacion IDR BB-

Fitch Ratings said it assigned E.ON Generacion SLU an expected long-term issuer default rating of BB-(EXP) and senior secured rating of BB(EXP).

The outlook is stable.

Fitch said the expected ratings reflect the proposed group and capital structure pending its acquisition by Macquarie Group and Wren House, expected in the first quarter of 2015.

The ratings do not take into consideration the current group perimeter and financial profile of E.ON Generacion and its links with E.ON SE (A-/Rating Watch Negative).

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